PDF Solutions, Inc. (NASDAQ:PDFS) Director Purchases $92,240.00 in Stock

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) Director Michael B. Gustafson bought 4,000 shares of the business's stock in a transaction on Monday, February 24th. The shares were acquired at an average price of $23.06 per share, with a total value of $92,240.00. Following the transaction, the director now directly owns 22,574 shares of the company's stock, valued at approximately $520,556.44. This trade represents a 21.54 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

PDF Solutions Trading Up 0.9 %

Shares of PDF Solutions stock traded up $0.21 on Friday, reaching $22.52. The stock had a trading volume of 282,878 shares, compared to its average volume of 242,512. PDF Solutions, Inc. has a 1 year low of $21.69 and a 1 year high of $39.70. The company has a market cap of $873.17 million, a P/E ratio of 225.20 and a beta of 1.52. The business's 50 day moving average is $26.65 and its two-hundred day moving average is $29.12.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.23 by ($0.15). PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. The firm had revenue of $50.09 million during the quarter, compared to analysts' expectations of $49.40 million. On average, equities analysts anticipate that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

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Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on PDFS. Northland Securities reiterated an "outperform" rating and set a $45.00 target price on shares of PDF Solutions in a research report on Tuesday, December 24th. StockNews.com upgraded shares of PDF Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, November 12th. Finally, Rosenblatt Securities cut their target price on shares of PDF Solutions from $40.00 to $37.00 and set a "buy" rating for the company in a research report on Friday, February 14th.

Institutional Investors Weigh In On PDF Solutions

A number of institutional investors and hedge funds have recently bought and sold shares of PDFS. Needham Investment Management LLC raised its stake in PDF Solutions by 32.3% in the third quarter. Needham Investment Management LLC now owns 1,759,550 shares of the technology company's stock valued at $55,743,000 after purchasing an additional 429,550 shares in the last quarter. William Blair Investment Management LLC raised its stake in PDF Solutions by 17.9% in the fourth quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company's stock valued at $28,802,000 after purchasing an additional 161,306 shares in the last quarter. Janus Henderson Group PLC raised its stake in PDF Solutions by 16.7% in the third quarter. Janus Henderson Group PLC now owns 658,547 shares of the technology company's stock valued at $20,863,000 after purchasing an additional 94,154 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in PDF Solutions in the fourth quarter valued at approximately $2,482,000. Finally, Thrivent Financial for Lutherans raised its stake in PDF Solutions by 14.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 418,693 shares of the technology company's stock valued at $11,338,000 after purchasing an additional 53,037 shares in the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

PDF Solutions Company Profile

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.