PDF Solutions (NASDAQ:PDFS) Stock Rating Lowered by StockNews.com

PDF Solutions (NASDAQ:PDFS - Get Free Report) was downgraded by StockNews.com from a "buy" rating to a "hold" rating in a research report issued to clients and investors on Wednesday.

A number of other brokerages also recently commented on PDFS. DA Davidson dropped their price objective on shares of PDF Solutions from $36.00 to $24.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Rosenblatt Securities dropped their price objective on shares of PDF Solutions from $37.00 to $31.00 and set a "buy" rating on the stock in a research report on Monday, May 5th.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS traded down $0.79 during trading hours on Wednesday, reaching $19.70. The stock had a trading volume of 263,934 shares, compared to its average volume of 188,945. PDF Solutions has a 1 year low of $15.91 and a 1 year high of $39.70. The firm's 50 day moving average is $19.04 and its 200-day moving average is $24.81. The stock has a market capitalization of $771.04 million, a price-to-earnings ratio of 197.00 and a beta of 1.47.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported $0.08 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 firm had revenue of $50.09 million during the quarter, compared to analysts' expectations of $49.40 million. Analysts forecast that PDF Solutions will post 0.32 EPS for the current year.

Insider Activity at PDF Solutions

In other PDF Solutions news, CEO John Kachig Kibarian purchased 34,356 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average price of $22.80 per share, for a total transaction of $783,316.80. Following the purchase, the chief executive officer now directly owns 2,507,112 shares in the company, valued at approximately $57,162,153.60. This trade represents a 1.39% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael B. Gustafson purchased 4,000 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of $23.06 per share, with a total value of $92,240.00. Following the purchase, the director now owns 22,574 shares in the company, valued at $520,556.44. This trade represents a 21.54% increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders have purchased 45,856 shares of company stock valued at $1,021,432 in the last ninety days. Insiders own 11.09% of the company's stock.

Institutional Trading of PDF Solutions

Large investors have recently bought and sold shares of the business. Signaturefd LLC boosted its stake in PDF Solutions by 124.1% during the 1st quarter. Signaturefd LLC now owns 1,421 shares of the technology company's stock worth $27,000 after purchasing an additional 787 shares during the period. GAMMA Investing LLC boosted its stake in PDF Solutions by 100.8% during the 1st quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock worth $35,000 after purchasing an additional 931 shares during the period. KBC Group NV lifted its stake in shares of 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 during the period. Aquatic Capital Management LLC acquired a new stake in shares of PDF Solutions in the 4th quarter worth $136,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in shares of PDF Solutions in the 4th quarter worth $160,000. Institutional investors and hedge funds own 79.51% of the company's stock.

PDF Solutions Company Profile

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.