PDF Solutions (NASDAQ:PDFS) Trading Down 7% – Time to Sell?

Shares of PDF Solutions, Inc. (NASDAQ:PDFS) were down 7% on Monday . The stock traded as low as $31.30 and last traded at $31.1050. Approximately 44,107 shares were traded during mid-day trading, a decline of 86% from the average daily volume of 321,034 shares. The stock had previously closed at $33.46.

Analysts Set New Price Targets

PDFS has been the topic of several recent research reports. Rosenblatt Securities reiterated a “buy” rating and set a $34.00 target price on shares of PDF Solutions in a report on Monday, February 9th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of PDF Solutions in a research report on Friday. DA Davidson lifted their price objective on shares of PDF Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a report on Friday, February 27th. Finally, Wall Street Zen raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $37.00.

PDF Solutions Stock Up 3.0%

The business’s fifty day moving average price is $32.74 and its two-hundred day moving average price is $29.57. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.28 and a current ratio of 2.28. The firm has a market capitalization of $1.34 billion, a P/E ratio of -1,662.05 and a beta of 1.55.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, February 12th. The technology company reported $0.30 EPS for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. The company had revenue of $62.40 million during the quarter, compared to analysts’ expectations of $61.95 million. Equities analysts expect that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Invesco Ltd. boosted its holdings in PDF Solutions by 26.6% in the fourth quarter. Invesco Ltd. now owns 136,138 shares of the technology company’s stock worth $3,884,000 after acquiring an additional 28,615 shares in the last quarter. Pillsbury Lake Capital LLC acquired a new position in shares of PDF Solutions during the fourth quarter valued at about $10,729,000. Susquehanna Fundamental Investments LLC raised its position in shares of PDF Solutions by 2.6% in the 4th quarter. Susquehanna Fundamental Investments LLC now owns 32,230 shares of the technology company’s stock valued at $920,000 after purchasing an additional 809 shares during the last quarter. Ophir Asset Management Pty Ltd purchased a new position in shares of PDF Solutions in the 4th quarter valued at approximately $20,631,000. Finally, Janus Henderson Group PLC boosted its stake in PDF Solutions by 16.4% in the 4th quarter. Janus Henderson Group PLC now owns 912,135 shares of the technology company’s stock worth $26,023,000 after purchasing an additional 128,270 shares in the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

PDF Solutions Company Profile

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.