PDF Solutions (NASDAQ:PDFS) Reaches New 12-Month Low - Time to Sell?

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) reached a new 52-week low on Monday . The stock traded as low as $26.60 and last traded at $26.85, with a volume of 7350 shares trading hands. The stock had previously closed at $27.36.

Analyst Ratings Changes

Several brokerages recently issued reports on PDFS. Northland Securities restated an "outperform" rating and set a $45.00 price target on shares of PDF Solutions in a research note on Tuesday, December 24th. Rosenblatt Securities restated a "buy" rating and issued a $40.00 target price on shares of PDF Solutions in a research note on Friday, November 8th. Finally, StockNews.com raised PDF Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, November 12th.

PDF Solutions Stock Down 2.0 %

The company has a market capitalization of $1.04 billion, a price-to-earnings ratio of 243.75 and a beta of 1.53. The business has a fifty day simple moving average of $29.91 and a two-hundred day simple moving average of $31.14.

Insider Activity at PDF Solutions

In other PDF Solutions news, insider Andrzej Strojwas sold 5,030 shares of the company's stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $30.85, for a total transaction of $155,175.50. Following the sale, the insider now directly owns 94,717 shares of the company's stock, valued at approximately $2,922,019.45. This represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Nancy Erba sold 2,000 shares of PDF Solutions stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total transaction of $61,620.00. Following the completion of the transaction, the director now owns 13,739 shares of the company's stock, valued at $423,298.59. This trade represents a 12.71 % decrease in their position. The disclosure for this sale can be found here. 11.13% of the stock is owned by insiders.

Institutional Trading of PDF Solutions

Hedge funds and other institutional investors have recently made changes to their positions in the business. Meeder Asset Management Inc. bought a new stake in PDF Solutions during the 3rd quarter worth about $37,000. GAMMA Investing LLC grew its stake in shares of PDF Solutions by 77.3% during the third quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company's stock valued at $54,000 after purchasing an additional 748 shares during the last quarter. Nisa Investment Advisors LLC increased its holdings in shares of PDF Solutions by 34.7% in the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company's stock valued at $65,000 after purchasing an additional 526 shares in the last quarter. Quest Partners LLC raised its position in PDF Solutions by 20,281.5% in the 2nd quarter. Quest Partners LLC now owns 5,503 shares of the technology company's stock worth $200,000 after purchasing an additional 5,476 shares during the last quarter. Finally, Olympiad Research LP acquired a new position in PDF Solutions during the 3rd quarter worth $253,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

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.