PDF Solutions (NASDAQ:PDFS) Director Shuo Zhang Sells 1,501 Shares

Key Points

• Director Shuo Zhang sold 1,501 PDF Solutions shares at an average price of $51.47, generating $77,256.47. The sale reduced his ownership by 6.03% to 23,380 shares.
• PDF Solutions shares rose 5.3% to $51.77 during trading. The company’s latest quarterly results met EPS expectations at $0.27 and slightly exceeded revenue estimates with $61.53 million.
• Analyst sentiment is mixed, with a consensus “Hold” rating and an average price target of $58.50; institutional investors own 79.51% of the stock.

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) Director Shuo Zhang sold 1,501 shares of PDF Solutions stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total value of $77,256.47. Following the sale, the director owned 23,380 shares of the company's stock, valued at approximately $1,203,368.60. This trade represents a 6.03% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

PDF Solutions Trading Up 5.3%

Shares of NASDAQ PDFS traded up $2.62 during mid-day trading on Wednesday, reaching $51.77. The company had a trading volume of 619,200 shares, compared to its average volume of 517,866. The stock has a market cap of $2.07 billion, a price-to-earnings ratio of 207.08 and a beta of 1.67. PDF Solutions, Inc. has a 52 week low of $18.56 and a 52 week high of $71.68. The business's 50-day moving average is $55.67 and its 200-day moving average is $44.34. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.17.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $61.53 million during the quarter, compared to analysts' expectations of $61.17 million. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. Equities analysts expect that PDF Solutions, Inc. will post 0.69 earnings per share for the current year.

Institutional Investors Weigh In On PDF Solutions

Several institutional investors have recently bought and sold shares of PDFS. Quantbot Technologies LP purchased a new stake in shares of PDF Solutions during the second quarter worth about $33,000. TRB Wealth Management LLC purchased a new stake in PDF Solutions during the 2nd quarter worth approximately $259,000. William Blair Investment Management LLC acquired a new position in PDF Solutions during the 2nd quarter valued at approximately $39,234,000. Callan Family Office LLC acquired a new position in PDF Solutions during the 2nd quarter valued at approximately $347,000. Finally, B. Metzler seel. Sohn & Co. AG purchased a new position in shares of PDF Solutions in the second quarter worth $904,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have recently commented on PDFS. DA Davidson restated a "buy" rating and set a $56.00 price target on shares of PDF Solutions in a research note on Monday, May 18th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $63.00 price objective on shares of PDF Solutions in a research note on Friday, August 7th. Weiss Ratings reiterated a "sell (d+)" rating on shares of PDF Solutions in a report on Friday, August 7th. Sanford C. Bernstein initiated coverage on shares of PDF Solutions in a research report on Tuesday. They set an "outperform" rating and a $65.00 target price on the stock. Finally, Wells Fargo & Company initiated coverage on shares of PDF Solutions in a report on Tuesday, August 4th. They issued an "equal weight" rating and a $50.00 price target for the company. Three equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus target price of $58.50.

PDF Solutions Company Profile

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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