PDF Solutions (NASDAQ:PDFS) Reaches New 52-Week Low - Time to Sell?

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) shares hit a new 52-week low during mid-day trading on Friday . The stock traded as low as $20.25 and last traded at $20.50, with a volume of 75521 shares traded. The stock had previously closed at $20.96.

Analyst Upgrades and Downgrades

Several research firms have weighed in on PDFS. Rosenblatt Securities lowered 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 note on Friday, February 14th. Northland Securities reaffirmed an "outperform" rating and set a $45.00 price objective on shares of PDF Solutions in a research report on Tuesday, December 24th.

PDF Solutions Stock Down 1.0 %

The company has a market capitalization of $826.09 million, a P/E ratio of 211.20 and a beta of 1.59. The business has a 50 day simple moving average of $24.43 and a 200-day simple moving average of $27.93.

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 the consensus estimate 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 the consensus estimate of $49.40 million. Equities analysts forecast that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

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Insider Transactions at PDF Solutions

In related news, CEO John Kachig Kibarian acquired 34,356 shares of the business's stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the completion of the purchase, the chief executive officer now directly owns 2,507,112 shares in the company, valued at $57,162,153.60. This trade represents a 1.39 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Michael B. Gustafson bought 4,000 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The stock was bought 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 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 Investors Weigh In On PDF Solutions

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PDFS. KBC Group NV increased its position in shares of PDF Solutions by 91.6% during 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 period. Aquatic Capital Management LLC acquired a new position in PDF Solutions during the fourth quarter worth about $136,000. KLP Kapitalforvaltning AS acquired a new position in PDF Solutions during the fourth quarter worth about $160,000. Empowered Funds LLC bought a new stake in PDF Solutions in the fourth quarter worth about $165,000. Finally, Dynamic Technology Lab Private Ltd acquired a new stake in PDF Solutions in the 4th quarter valued at about $232,000. Institutional investors own 79.51% of the company's stock.

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.