PDF Solutions (NASDAQ:PDFS) Hits New 1-Year Low - Time to Sell?

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report)'s share price hit a new 52-week low during trading on Monday . The company traded as low as $20.86 and last traded at $20.91, with a volume of 116209 shares traded. The stock had previously closed at $21.94.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PDFS. Northland Securities reissued an "outperform" rating and set a $45.00 target price on shares of PDF Solutions in a research note on Tuesday, December 24th. Rosenblatt Securities cut their target price on PDF Solutions from $40.00 to $37.00 and set a "buy" rating for the company in a research note on Friday, February 14th.

PDF Solutions Price Performance

The stock has a 50 day moving average price of $25.50 and a two-hundred day moving average price of $28.47. The firm has a market capitalization of $854.17 million, a price-to-earnings ratio of 218.40 and a beta of 1.59.

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

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Insider Activity

In related news, CEO John Kachig Kibarian bought 34,356 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average cost of $22.80 per share, with a total value of $783,316.80. Following the purchase, the chief executive officer now directly owns 2,507,112 shares of the company's stock, valued at $57,162,153.60. This trade represents a 1.39 % increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, Director Michael B. Gustafson bought 4,000 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average cost of $23.06 per share, with a total value of $92,240.00. Following the completion of the purchase, the director now directly owns 22,574 shares in the company, valued at $520,556.44. This represents a 21.54 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 11.13% of the company's stock.

Institutional Trading of PDF Solutions

Institutional investors have recently bought and sold shares of the business. Meeder Asset Management Inc. purchased a new stake in PDF Solutions during the 3rd quarter worth about $37,000. KBC Group NV lifted its holdings in shares of PDF Solutions by 91.6% in the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company's stock valued at $54,000 after purchasing an additional 956 shares during the last quarter. Aquatic Capital Management LLC purchased a new stake in shares of PDF Solutions in the 4th quarter valued at 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 purchased a new stake in shares of PDF Solutions in the 4th quarter valued at about $165,000. 79.51% of the stock is owned by hedge funds and other institutional investors.

About PDF Solutions

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.