PDF Solutions (NASDAQ:PDFS) Sets New 52-Week Low - Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report)'s stock price reached a new 52-week low on Thursday . The stock traded as low as $20.10 and last traded at $20.42, with a volume of 8490 shares changing hands. The stock had previously closed at $20.47.

Wall Street Analyst Weigh In

PDFS has been the topic of a number of recent analyst reports. Northland Securities restated an "outperform" rating and set a $45.00 target price on shares of PDF Solutions in a report on Tuesday, December 24th. Rosenblatt Securities decreased 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.

PDF Solutions Stock Down 1.2 %

The company has a fifty day simple moving average of $23.97 and a two-hundred day simple moving average of $27.75. The stock has a market capitalization of $744.77 million, a P/E ratio of 189.37 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 (EPS) 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 business had revenue of $50.09 million during the quarter, compared to analyst estimates of $49.40 million. As a group, equities analysts forecast that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

Insider Activity at PDF Solutions

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

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Barclays PLC raised its stake in shares of PDF Solutions by 388.4% during the 3rd quarter. Barclays PLC now owns 55,467 shares of the technology company's stock worth $1,757,000 after purchasing an additional 44,111 shares in the last quarter. State Street Corp increased its holdings in PDF Solutions by 2.1% during the third quarter. State Street Corp now owns 1,147,622 shares of the technology company's stock worth $36,357,000 after buying an additional 23,148 shares during the last quarter. JPMorgan Chase & Co. raised its position in PDF Solutions by 41.9% during the third quarter. JPMorgan Chase & Co. now owns 74,075 shares of the technology company's stock worth $2,347,000 after acquiring an additional 21,877 shares in the last quarter. William Blair Investment Management LLC lifted its stake in PDF Solutions by 17.9% in the fourth quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company's stock valued at $28,802,000 after acquiring an additional 161,306 shares during the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of PDF Solutions by 8.9% during the 3rd quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company's stock worth $394,000 after purchasing an additional 1,025 shares during the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

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.