Key Points
- PDF Solutions CTO Andrzej Strojwas sold 3,394 shares at an average price of $44.41, generating $150,727.54. He retained 90,965 shares after the transaction, a 3.60% reduction in his ownership.
- PDF Solutions reported quarterly EPS of $0.27, matching analyst estimates, while revenue of $61.53 million exceeded the $61.17 million consensus forecast.
- Analysts remain broadly positive, with a consensus “Moderate Buy” rating and a $63.00 price target; the stock recently opened at $41.79, compared with a 52-week range of $18.93 to $71.68.
PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) CTO Andrzej Strojwas sold 3,394 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $44.41, for a total value of $150,727.54. Following the completion of the sale, the chief technology officer directly owned 90,965 shares of the company's stock, valued at $4,039,755.65. This represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.
PDF Solutions Stock Performance
NASDAQ:PDFS opened at $41.79 on Wednesday. PDF Solutions, Inc. has a 52-week low of $18.93 and a 52-week high of $71.68. The company has a market cap of $1.67 billion, a price-to-earnings ratio of 167.16 and a beta of 1.64. The firm's 50-day moving average is $51.59 and its 200-day moving average is $45.81. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.45 and a current ratio of 3.45.
PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 EPS for the quarter, hitting analysts' consensus estimates of $0.27. The company had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. Equities research analysts anticipate that PDF Solutions, Inc. will post 0.77 earnings per share for the current year.
Institutional Trading of PDF Solutions
Several large investors have recently modified their holdings of PDFS. Quantbot Technologies LP acquired a new stake in shares of PDF Solutions during the 2nd quarter worth approximately $33,000. Hantz Financial Services Inc. raised its stake in shares of PDF Solutions by 122.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company's stock valued at $32,000 after acquiring an additional 615 shares during the last quarter. Meeder Asset Management Inc. bought a new position in PDF Solutions during the 2nd quarter worth $44,000. State of Wyoming lifted its stake in shares of PDF Solutions by 4.5% in the second quarter. State of Wyoming now owns 15,447 shares of the technology company's stock worth $330,000 after acquiring an additional 668 shares during the period. Finally, Bell Investment Advisors Inc bought a new stake in shares of PDF Solutions in the 2nd quarter valued at $49,000. 79.51% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of equities analysts have commented on the stock. Rosenblatt Securities restated a "buy" rating and issued a $63.00 price target on shares of PDF Solutions in a research report on Friday, August 7th. Sanford C. Bernstein assumed coverage on shares of PDF Solutions in a research note on Tuesday, August 11th. They issued an "outperform" rating and a $65.00 price objective on the stock. Wall Street Zen lowered PDF Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, August 8th. DA Davidson set a $74.00 price objective on shares of PDF Solutions in a research report on Monday, August 17th. Finally, Weiss Ratings upgraded shares of PDF Solutions from a "sell (d+)" rating to a "hold (c)" rating in a report on Friday, August 21st. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $63.00.
Check Out Our Latest Report on PDFS
About PDF Solutions
(
Get Free Report)
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.
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