Insider Selling: PDF Solutions (NASDAQ:PDFS) CTO Sells 3,394 Shares

PDF Solutions, Inc. (NASDAQ:PDFS) CTO Andrzej Strojwas sold 3,394 shares of the firm’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $44.41, for a total value of $150,727.54. Following the transaction, the chief technology officer owned 90,965 shares in the company, valued at approximately $4,039,755.65. This trade represents a 3.60% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

PDF Solutions Trading Down 6.5%

NASDAQ PDFS traded down $2.88 during trading on Tuesday, reaching $41.60. 289,158 shares of the stock traded hands, compared to its average volume of 561,692. PDF Solutions, Inc. has a fifty-two week low of $18.93 and a fifty-two week high of $71.68. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.17. The firm has a market cap of $1.66 billion, a price-to-earnings ratio of 166.40 and a beta of 1.67. The stock’s 50-day moving average price is $51.97 and its 200 day moving average price is $45.74.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. The company had revenue of $61.53 million for the quarter, compared to analyst estimates of $61.17 million. Analysts predict that PDF Solutions, Inc. will post 0.77 EPS for the current year.

Hedge Funds Weigh In On PDF Solutions

Several institutional investors and hedge funds have recently modified their holdings of the business. Amundi lifted its position in shares of PDF Solutions by 27.4% during the 2nd quarter. Amundi now owns 14,861 shares of the technology company’s stock valued at $1,052,000 after acquiring an additional 3,200 shares during the period. California State Teachers Retirement System increased its holdings in shares of PDF Solutions by 8,228.3% during the second quarter. California State Teachers Retirement System now owns 2,557,360 shares of the technology company’s stock worth $181,036,000 after buying an additional 2,526,653 shares in the last quarter. Comprehensive Financial Planning Inc. PA acquired a new stake in PDF Solutions in the second quarter valued at $421,000. B. Metzler seel. Sohn & Co. AG acquired a new position in shares of PDF Solutions in the second quarter worth approximately $904,000. Finally, Firestone Capital Management acquired a new stake in shares of PDF Solutions during the second quarter worth $283,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the stock. Wells Fargo & Company assumed coverage on shares of PDF Solutions in a research report on Tuesday, August 4th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Sanford C. Bernstein began coverage on PDF Solutions in a report on Tuesday, August 11th. They set an “outperform” rating and a $65.00 target price for the company. DA Davidson set a $74.00 price objective on PDF Solutions in a report on Monday, August 17th. Weiss Ratings raised shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Finally, Rosenblatt Securities reissued a “buy” rating and set a $63.00 price target on shares of PDF Solutions in a research report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $63.00.

About PDF Solutions

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.