PDF Solutions (NASDAQ:PDFS) Shares Gap Down - Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) shares gapped down before the market opened on Friday . The stock had previously closed at $32.12, but opened at $30.00. PDF Solutions shares last traded at $30.40, with a volume of 20,164 shares trading hands.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on PDFS shares. DA Davidson restated a "buy" rating and set a $42.00 price target on shares of PDF Solutions in a research report on Wednesday, August 28th. Rosenblatt Securities restated a "buy" rating and set a $40.00 price target on shares of PDF Solutions in a research report on Friday.

PDF Solutions Stock Up 3.2 %

The company has a market capitalization of $1.28 billion, a P/E ratio of -414.50 and a beta of 1.49. The company has a 50-day moving average of $29.91 and a two-hundred day moving average of $32.50.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last released its earnings results on Thursday, August 8th. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03. PDF Solutions had a positive return on equity of 2.78% and a negative net margin of 1.67%. The business had revenue of $41.66 million for the quarter, compared to the consensus estimate of $41.60 million. As a group, equities analysts expect that PDF Solutions, Inc. will post 0.36 EPS for the current fiscal year.

Institutional Investors Weigh In On PDF Solutions

Several hedge funds have recently added to or reduced their stakes in PDFS. Janus Henderson Group PLC boosted its holdings in PDF Solutions by 20.9% in the first quarter. Janus Henderson Group PLC now owns 562,326 shares of the technology company's stock worth $18,934,000 after acquiring an additional 97,060 shares in the last quarter. William Blair Investment Management LLC boosted its holdings in PDF Solutions by 13.9% in the second quarter. William Blair Investment Management LLC now owns 743,635 shares of the technology company's stock worth $27,053,000 after acquiring an additional 90,789 shares in the last quarter. Vanguard Group Inc. boosted its holdings in PDF Solutions by 2.5% in the first quarter. Vanguard Group Inc. now owns 3,168,212 shares of the technology company's stock worth $106,674,000 after acquiring an additional 78,543 shares in the last quarter. Herald Investment Management Ltd bought a new stake in PDF Solutions in the second quarter worth $2,725,000. Finally, Roubaix Capital LLC lifted its holdings in shares of PDF Solutions by 111.9% during the first quarter. Roubaix Capital LLC now owns 98,118 shares of the technology company's stock valued at $3,304,000 after purchasing an additional 51,812 shares in the last quarter. 79.51% of the stock is owned by institutional investors.

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.