PDF Solutions (NASDAQ:PDFS) Shares Gap Down to $35.78

PDF Solutions, Inc. (NASDAQ:PDFS) gapped down prior to trading on Tuesday . The stock had previously closed at $35.78, but opened at $34.98. PDF Solutions shares last traded at $34.89, with a volume of 1,687 shares traded.

Analyst Ratings Changes

Several research analysts have recently commented on the company. DA Davidson raised their price objective on PDF Solutions from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 price objective on shares of PDF Solutions in a research note on Friday, May 10th.

PDF Solutions Trading Up 0.7 %

The firm has a 50 day moving average of $33.55 and a 200-day moving average of $32.97. The company has a market cap of $1.38 billion, a P/E ratio of 716.80 and a beta of 1.51.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, May 9th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.14). The business had revenue of $41.31 million for the quarter, compared to the consensus estimate of $41.20 million. PDF Solutions had a net margin of 1.42% and a return on equity of 4.83%. During the same period last year, the business posted $0.08 EPS. Equities analysts predict that PDF Solutions, Inc. will post 0.34 EPS for the current fiscal year.

Insider Activity at PDF Solutions

In related news, CFO Adnan Raza sold 1,343 shares of PDF Solutions stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $34.52, for a total transaction of $46,360.36. Following the sale, the chief financial officer now owns 74,369 shares of the company’s stock, valued at approximately $2,567,217.88. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In other PDF Solutions news, CFO Adnan Raza sold 1,343 shares of PDF Solutions stock in a transaction that occurred on Wednesday, May 15th. The stock was sold at an average price of $34.52, for a total value of $46,360.36. Following the sale, the chief financial officer now owns 74,369 shares of the company’s stock, valued at approximately $2,567,217.88. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Shuo Zhang sold 5,500 shares of PDF Solutions stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $34.66, for a total value of $190,630.00. Following the completion of the sale, the director now directly owns 10,381 shares in the company, valued at approximately $359,805.46. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 16,490 shares of company stock valued at $564,506. 11.21% of the stock is owned by company insiders.

Institutional Trading of PDF Solutions

A number of large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings in shares of PDF Solutions by 13.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,929,228 shares of the technology company’s stock worth $94,907,000 after purchasing an additional 353,236 shares during the period. Silverberg Bernstein Capital Management LLC purchased a new position in shares of PDF Solutions in the 4th quarter worth approximately $9,854,000. Ranger Investment Management L.P. boosted its holdings in shares of PDF Solutions by 49.1% in the 4th quarter. Ranger Investment Management L.P. now owns 769,650 shares of the technology company’s stock worth $24,737,000 after purchasing an additional 253,393 shares during the period. Assenagon Asset Management S.A. boosted its holdings in shares of PDF Solutions by 76.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 517,479 shares of the technology company’s stock worth $16,632,000 after purchasing an additional 223,376 shares during the period. Finally, Wasatch Advisors LP boosted its holdings in shares of PDF Solutions by 12.4% in the 4th quarter. Wasatch Advisors LP now owns 1,287,236 shares of the technology company’s stock worth $41,372,000 after purchasing an additional 141,752 shares during the period. Institutional investors own 79.51% of the company’s stock.

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.