Shares of PDF Solutions Inc. (NASDAQ:PDFS) saw unusually-strong trading volume on Thursday . Approximately 174,613 shares changed hands during mid-day trading, an increase of 57% from the previous session’s volume of 111,239 shares.The stock last traded at $14.64 and had previously closed at $14.56.

Separately, Zacks Investment Research upgraded PDF Solutions from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Thursday, June 30th.

The firm has a 50 day moving average of $14.22 and a 200-day moving average of $12.40. The firm has a market capitalization of $457.30 million and a price-to-earnings ratio of 54.02.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings results on Thursday, April 28th. The company reported $0.17 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.17. The company earned $25.08 million during the quarter, compared to analyst estimates of $25.14 million. PDF Solutions’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same period in the prior year, the business earned $0.26 EPS. Analysts predict that PDF Solutions Inc. will post $0.77 EPS for the current year.

In related news, Director R Stephen Heinrichs purchased 6,118 shares of PDF Solutions stock in a transaction on Friday, May 27th. The shares were bought at an average price of $14.24 per share, with a total value of $87,120.32. Following the transaction, the director now directly owns 19,187 shares of the company’s stock, valued at $273,222.88. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.

An institutional investor recently raised its position in PDF Solutions stock. Russell Frank Co increased its position in shares of PDF Solutions Inc. (NASDAQ:PDFS) by 9.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 668,980 shares of the company’s stock after buying an additional 57,987 shares during the period. Russell Frank Co owned 2.13% of PDF Solutions worth $7,473,000 as of its most recent filing with the SEC.

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

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