PDF Solutions (NASDAQ:PDFS) Sets New 1-Year Low - Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $17.10 and last traded at $17.23, with a volume of 106100 shares traded. The stock had previously closed at $19.04.

Analysts Set New Price Targets

A number of research firms have weighed in on PDFS. Rosenblatt Securities cut their price objective on shares of PDF Solutions from $40.00 to $37.00 and set a "buy" rating on the stock in a research report on Friday, February 14th. Northland Securities reiterated an "outperform" rating and set a $45.00 price target on shares of PDF Solutions in a report on Tuesday, December 24th.

PDF Solutions Stock Down 4.3 %

The firm has a market cap of $641.86 million, a PE ratio of 164.10 and a beta of 1.62. The business has a 50 day simple moving average of $22.41 and a two-hundred day simple moving average of $27.11.

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

Insider Buying and Selling

In other PDF Solutions news, Director Michael B. Gustafson purchased 4,000 shares of the stock in a transaction dated Monday, February 24th. The stock was purchased at an average price of $23.06 per share, with a total value of $92,240.00. Following the transaction, the director now 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 document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Kachig Kibarian acquired 34,356 shares of the company's stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of $22.80 per share, for a total transaction of $783,316.80. Following the completion of the purchase, the chief executive officer now owns 2,507,112 shares of the company's stock, valued at approximately $57,162,153.60. This represents a 1.39 % increase in their position. The disclosure for this purchase can be found here. 11.13% of the stock is owned by insiders.

Institutional Trading of PDF Solutions

A number of hedge funds have recently bought and sold shares of PDFS. Needham Investment Management LLC raised its position in shares of PDF Solutions by 3.3% in the 4th quarter. Needham Investment Management LLC now owns 1,817,500 shares of the technology company's stock worth $49,218,000 after acquiring an additional 57,950 shares in the last quarter. State Street Corp lifted its position in shares of PDF Solutions by 2.1% during the third quarter. State Street Corp now owns 1,147,622 shares of the technology company's stock valued at $36,357,000 after buying an additional 23,148 shares during the last quarter. William Blair Investment Management LLC boosted its holdings in shares of PDF Solutions by 17.9% in the 4th quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company's stock valued at $28,802,000 after buying an additional 161,306 shares in the last quarter. Emerald Advisers LLC grew its position in shares of PDF Solutions by 3.3% in the 4th quarter. Emerald Advisers LLC now owns 924,345 shares of the technology company's stock worth $25,031,000 after buying an additional 29,097 shares during the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in shares of PDF Solutions by 3.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 910,314 shares of the technology company's stock worth $24,652,000 after acquiring an additional 34,575 shares in the last quarter. Hedge funds and other institutional investors own 79.51% of the company's stock.

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.