PDF Solutions (NASDAQ:PDFS) Reaches New 1-Year Low – Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS) reached a new 52-week low during trading on Thursday . The stock traded as low as $21.69 and last traded at $22.01, with a volume of 358871 shares traded. The stock had previously closed at $22.02.

Analyst Upgrades and Downgrades

PDFS has been the subject of several recent analyst reports. Northland Securities reiterated an “outperform” rating and set a $45.00 price objective on shares of PDF Solutions in a research note on Tuesday, December 24th. StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Finally, Rosenblatt Securities reduced their price objective on shares of PDF Solutions from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, February 14th.

PDF Solutions Stock Performance

The firm has a market cap of $853.33 million, a price-to-earnings ratio of 220.10 and a beta of 1.52. The stock’s 50 day simple moving average is $27.59 and its 200-day simple moving average is $29.45.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.15). PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. The company had revenue of $50.09 million for the quarter, compared to analyst estimates of $49.40 million. On average, analysts expect that PDF Solutions, Inc. will post 0.38 EPS for the current fiscal year.

Insider Buying and Selling at PDF Solutions

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

Institutional Trading of PDF Solutions

A number of hedge funds have recently added to or reduced their stakes in PDFS. Meeder Asset Management Inc. purchased a new stake in PDF Solutions during the third quarter worth $37,000. KBC Group NV raised its position in PDF Solutions by 91.6% during the fourth quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock worth $54,000 after acquiring an additional 956 shares during the period. Nisa Investment Advisors LLC raised its position in PDF Solutions by 34.7% during the third 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. Aquatic Capital Management LLC acquired a new position in PDF Solutions during the fourth quarter worth $136,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of PDF Solutions in the fourth quarter valued at about $160,000. 79.51% of the stock is owned by hedge funds and other institutional investors.

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.