PDF Solutions (NASDAQ:PDFS) Stock Rating Lowered by StockNews.com

PDF Solutions (NASDAQ:PDFS - Get Free Report) was downgraded by StockNews.com from a "buy" rating to a "hold" rating in a report issued on Monday.

A number of other equities research analysts have also issued reports on PDFS. Rosenblatt Securities dropped their price objective on shares of PDF Solutions from $40.00 to $37.00 and set a "buy" rating for the company in a report on Friday, February 14th. Northland Securities reissued an "outperform" rating and issued a $45.00 price target on shares of PDF Solutions in a research note on Tuesday, December 24th. Finally, DA Davidson lowered their price objective on shares of PDF Solutions from $36.00 to $24.00 and set a "buy" rating for the company in a research report on Monday, April 14th.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS traded down $0.34 during trading on Monday, reaching $17.08. The stock had a trading volume of 196,918 shares, compared to its average volume of 182,676. PDF Solutions has a 1-year low of $15.91 and a 1-year high of $39.70. The stock has a market cap of $668.07 million, a PE ratio of 170.80 and a beta of 1.62. The business has a fifty day moving average price of $20.66 and a 200-day moving average price of $26.35.

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

Insider Buying and Selling at PDF Solutions

In other PDF Solutions news, Director Michael B. Gustafson acquired 4,000 shares of the company's stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of $23.06 per share, for a total transaction of $92,240.00. Following the acquisition, the director now owns 22,574 shares in the company, valued at $520,556.44. The trade was a 21.54 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO John Kachig Kibarian bought 34,356 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of $22.80 per share, with a total value of $783,316.80. Following the purchase, the chief executive officer now owns 2,507,112 shares of the company's stock, valued at $57,162,153.60. The trade was a 1.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.13% of the stock is currently owned by corporate insiders.

Institutional Trading of PDF Solutions

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in PDFS. GAMMA Investing LLC grew its position in shares of PDF Solutions by 100.8% in the 1st quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock valued at $35,000 after buying an additional 931 shares during the last quarter. KBC Group NV grew its holdings in shares of PDF Solutions by 91.6% during the fourth quarter. KBC Group NV now owns 2,000 shares of the technology company's stock worth $54,000 after purchasing an additional 956 shares during the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of PDF Solutions during the fourth quarter worth about $136,000. KLP Kapitalforvaltning AS purchased a new stake in shares of PDF Solutions in the 4th quarter valued at about $160,000. Finally, Empowered Funds LLC acquired a new position in PDF Solutions during the fourth quarter worth approximately $165,000. Institutional investors and hedge funds 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.