PDF Solutions (NASDAQ:PDFS) Hits New 1-Year Low – Time to Sell?

PDF Solutions, Inc. (NASDAQ:PDFS)’s share price reached a new 52-week low during trading on Monday . The stock traded as low as $26.48 and last traded at $26.26, with a volume of 45544 shares. The stock had previously closed at $27.55.

Analysts Set New Price Targets

Several analysts recently weighed in on PDFS shares. Northland Securities reiterated an “outperform” rating and issued a $45.00 price objective on shares of PDF Solutions in a research report on Tuesday, December 24th. StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $40.00 price objective on shares of PDF Solutions in a report on Friday, November 8th.

PDF Solutions Price Performance

The firm’s fifty day moving average is $29.06 and its two-hundred day moving average is $30.44. The firm has a market cap of $1.02 billion, a price-to-earnings ratio of 239.84 and a beta of 1.53.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, November 7th. The technology company reported $0.09 earnings per share for the quarter, missing analysts’ consensus estimates of $0.21 by ($0.12). The company had revenue of $46.41 million during the quarter, compared to analyst estimates of $45.90 million. PDF Solutions had a return on equity of 3.24% and a net margin of 2.58%. During the same period in the prior year, the company posted $0.04 earnings per share. On average, equities analysts forecast that PDF Solutions, Inc. will post 0.3 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other PDF Solutions news, insider Andrzej Strojwas sold 5,030 shares of the company’s stock in a transaction on Monday, December 16th. The stock was sold at an average price of $30.85, for a total value of $155,175.50. Following the transaction, the insider now owns 94,717 shares of the company’s stock, valued at approximately $2,922,019.45. This represents a 5.04 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Nancy Erba sold 2,000 shares of the stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total value of $61,620.00. Following the sale, the director now owns 13,739 shares of the company’s stock, valued at $423,298.59. This trade represents a 12.71 % decrease in their position. The disclosure for this sale can be found here. 11.13% of the stock is currently owned by insiders.

Hedge Funds Weigh In On PDF Solutions

A number of institutional investors have recently bought and sold shares of PDFS. Meeder Asset Management Inc. purchased a new stake in shares of PDF Solutions in the third quarter valued at $37,000. GAMMA Investing LLC raised its position in PDF Solutions by 77.3% during the third quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company’s stock valued at $54,000 after buying an additional 748 shares during the period. KBC Group NV lifted its stake in PDF Solutions by 91.6% in the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock worth $54,000 after acquiring an additional 956 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in PDF Solutions by 34.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock worth $65,000 after acquiring an additional 526 shares during the period. Finally, Empowered Funds LLC purchased a new position in PDF Solutions during the 4th quarter valued at about $165,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

About PDF Solutions

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.