Shares of PDF Solutions Inc. (NASDAQ:PDFS) saw strong trading volume on Thursday . 174,613 shares traded hands during 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 cut PDF Solutions from a “hold” rating to a “sell” rating in a research note on Friday, May 6th.

The company’s 50 day moving average is $14.24 and its 200 day moving average is $12.42. The company has a market capitalization of $461.98 million and a price-to-earnings ratio of 54.58.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, April 28th. The company reported $0.17 EPS for the quarter, hitting analysts’ consensus estimates of $0.17. The company had revenue of $25.08 million for the quarter, compared to analyst estimates of $25.14 million. The firm’s revenue for the quarter was down 6.5% on a year-over-year basis. During the same period last year, the firm earned $0.26 earnings per share. On average, analysts anticipate that PDF Solutions Inc. will post $0.77 EPS for the current year.

In related news, Director R Stephen Heinrichs acquired 6,118 shares of the firm’s stock in a transaction that occurred on Friday, May 27th. The stock was acquired at an average cost of $14.24 per share, with a total value of $87,120.32. Following the completion of the purchase, the director now directly owns 19,187 shares in the company, valued at $273,222.88. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

A hedge fund recently raised its stake in PDF Solutions stock. Royce & Associates LLC increased its position in PDF Solutions Inc. (NASDAQ:PDFS) by 108.0% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 457,700 shares of the company’s stock after buying an additional 237,700 shares during the period. Royce & Associates LLC owned about 1.46% of PDF Solutions worth $4,961,000 at the end of the most recent reporting period.

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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