PDF Solutions, Inc. (NASDAQ:PDFS)’s share price traded up 5.4% on Friday . The company traded as high as $18.17 and last traded at $16.72. 1,528,200 shares changed hands during mid-day trading, an increase of 733% from the average session volume of 183,406 shares. The stock had previously closed at $15.86.

A number of equities analysts have weighed in on the company. BidaskClub lowered PDF Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Zacks Investment Research lowered PDF Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, November 1st. Craig Hallum lowered PDF Solutions from a “buy” rating to a “hold” rating and decreased their target price for the stock from $22.00 to $18.00 in a research note on Friday, July 28th. Finally, Northland Securities set a $22.00 target price on PDF Solutions and gave the stock a “hold” rating in a research note on Sunday, July 30th. Three investment analysts have rated the stock with a sell rating, one has assigned a hold rating and one has issued a buy rating to the company’s stock. PDF Solutions has an average rating of “Hold” and an average price target of $20.00.

The firm has a market cap of $534.16, a PE ratio of 119.43, a P/E/G ratio of 26.13 and a beta of 1.38.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, October 26th. The technology company reported $0.11 earnings per share for the quarter, missing the consensus estimate of $0.12 by ($0.01). The business had revenue of $26.50 million during the quarter, compared to analysts’ expectations of $26.67 million. PDF Solutions had a return on equity of 2.10% and a net margin of 4.08%. The company’s quarterly revenue was down 2.9% compared to the same quarter last year. During the same quarter last year, the business posted $0.17 EPS. equities research analysts expect that PDF Solutions, Inc. will post 0.04 earnings per share for the current year.

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. FMR LLC increased its holdings in shares of PDF Solutions by 154.7% in the 2nd quarter. FMR LLC now owns 1,648,594 shares of the technology company’s stock worth $27,119,000 after purchasing an additional 1,001,408 shares in the last quarter. Divisar Capital Management LLC grew its holdings in shares of PDF Solutions by 97.9% in the second quarter. Divisar Capital Management LLC now owns 821,968 shares of the technology company’s stock worth $13,521,000 after acquiring an additional 406,621 shares during the period. Cowen Prime Services LLC grew its holdings in shares of PDF Solutions by 15.9% in the third quarter. Cowen Prime Services LLC now owns 1,295,900 shares of the technology company’s stock worth $20,073,000 after acquiring an additional 177,717 shares during the period. Bamco Inc. NY bought a new stake in shares of PDF Solutions in the third quarter worth $2,564,000. Finally, State of Wisconsin Investment Board grew its holdings in shares of PDF Solutions by 266.2% in the second quarter. State of Wisconsin Investment Board now owns 227,478 shares of the technology company’s stock worth $3,742,000 after acquiring an additional 165,357 shares during the period. Institutional investors own 83.24% of the company’s stock.

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About PDF Solutions

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

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