PDF Solutions (NASDAQ:PDFS) CTO Sells $150,727.54 in Stock

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 worth approximately $4.04 million, a 3.60% reduction in his holdings.
• PDF Solutions shares fell 6.5% to $41.60, below their 50-day moving average of $51.97 but above the 12-month low of $18.93. The company has a $1.66 billion market capitalization and a P/E ratio of 166.40.
• The company met quarterly EPS expectations at $0.27 and slightly exceeded revenue estimates with $61.53 million. Analysts maintain a “Moderate Buy” consensus, with an average price target of $63.00.

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) CTO Andrzej Strojwas sold 3,394 shares of the business's stock in a transaction on Monday, August 31st. The stock was 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 in the company, valued at $4,039,755.65. This trade represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.

PDF Solutions Stock Down 6.5%

PDF Solutions stock traded down $2.88 during trading hours on Tuesday, hitting $41.60. The stock had a trading volume of 289,158 shares, compared to its average volume of 561,692. The stock's 50-day moving average price is $51.97 and its 200-day moving average price is $45.74. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.17. PDF Solutions, Inc. has a 12-month low of $18.93 and a 12-month high of $71.68. The stock has a market capitalization of $1.66 billion, a P/E ratio of 166.40 and a beta of 1.67.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its quarterly earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, meeting analysts' consensus estimates of $0.27. The firm had revenue of $61.53 million for 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 EPS for the current fiscal year.

Institutional Investors Weigh In On PDF Solutions

Several hedge funds and other institutional investors have recently modified their holdings of PDFS. Quantbot Technologies LP bought a new stake in PDF Solutions in the second quarter valued at $33,000. Hantz Financial Services Inc. grew its stake in shares of PDF Solutions by 122.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company's stock valued at $32,000 after buying an additional 615 shares in the last quarter. Meeder Asset Management Inc. bought a new position in shares of PDF Solutions in the 2nd quarter valued at approximately $44,000. State of Wyoming grew its holdings in PDF Solutions by 4.5% in the 2nd quarter. State of Wyoming now owns 15,447 shares of the technology company's stock valued at $330,000 after buying an additional 668 shares during the last quarter. Finally, Bell Investment Advisors Inc bought a new position in shares of PDF Solutions during the 2nd quarter worth about $49,000. Institutional investors own 79.51% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on PDFS. Weiss Ratings raised shares of PDF Solutions from a "sell (d+)" rating to a "hold (c)" rating in a report on Friday, August 21st. Sanford C. Bernstein began coverage on shares of PDF Solutions in a research report on Tuesday, August 11th. They issued an "outperform" rating and a $65.00 price objective for the company. DA Davidson set a $74.00 price target on PDF Solutions in a research note on Monday, August 17th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $63.00 target price on shares of PDF Solutions in a report on Friday, August 7th. Finally, Wall Street Zen cut shares of PDF Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, August 8th. Three analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $63.00.

About PDF Solutions

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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