StockNews.com Downgrades PDF Solutions (NASDAQ:PDFS) to Hold

PDF Solutions (NASDAQ:PDFS - Get Free Report) was downgraded by equities research analysts at StockNews.com from a "buy" rating to a "hold" rating in a research report issued on Monday.

A number of other analysts have also recently commented on the stock. Northland Securities restated an "outperform" rating and set a $45.00 target price on shares of PDF Solutions in a report on Tuesday, December 24th. DA Davidson lowered their price target on PDF Solutions from $36.00 to $24.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Rosenblatt Securities decreased their price target on PDF Solutions from $40.00 to $37.00 and set a "buy" rating for the company in a report on Friday, February 14th.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS traded down $0.34 during mid-day trading on Monday, hitting $17.08. The stock had a trading volume of 196,918 shares, compared to its average volume of 182,717. The company's 50 day moving average is $20.66 and its 200-day moving average is $26.32. PDF Solutions has a 12-month low of $15.91 and a 12-month high of $39.70. The company has a market cap of $668.07 million, a PE ratio of 170.80 and a beta of 1.62.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its quarterly earnings data 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). The company had revenue of $50.09 million for the quarter, compared to the consensus estimate of $49.40 million. PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. On average, equities research analysts predict that PDF Solutions will post 0.32 EPS for the current fiscal year.

Insider Buying and Selling at PDF Solutions

In other PDF Solutions news, CEO John Kachig Kibarian acquired 34,356 shares of the business's stock in a transaction dated Monday, February 24th. The stock was purchased at an average price of $22.80 per share, with a total value of $783,316.80. Following the transaction, the chief executive officer now directly owns 2,507,112 shares in the company, valued at approximately $57,162,153.60. The trade was a 1.39 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Michael B. Gustafson purchased 4,000 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was bought at an average price of $23.06 per share, with a total value of $92,240.00. Following the completion of the transaction, the director now owns 22,574 shares of the company's stock, valued at $520,556.44. The trade was a 21.54 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders own 11.13% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. GAMMA Investing LLC raised its position in shares of PDF Solutions by 100.8% in the first quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock valued at $35,000 after buying an additional 931 shares during the last quarter. KBC Group NV raised its holdings in PDF Solutions by 91.6% in the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company's stock valued at $54,000 after acquiring an additional 956 shares in the last quarter. Aquatic Capital Management LLC bought a new stake in PDF Solutions during the 4th quarter worth about $136,000. KLP Kapitalforvaltning AS acquired a new position in shares of PDF Solutions in the 4th quarter valued at $160,000. Finally, Empowered Funds LLC acquired a new position in PDF Solutions during the fourth quarter worth $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.