PDF Solutions Inc. (NASDAQ:PDFS) shares saw an uptick in trading volume on Friday . 319,107 shares were traded during trading, an increase of 87% from the previous session’s volume of 170,846 shares.The stock last traded at $16.41 and had previously closed at $16.03.

A number of research firms recently issued reports on PDFS. Craig Hallum lowered PDF Solutions from a “buy” rating to a “hold” rating in a report on Friday. Zacks Investment Research lowered PDF Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 20th.

The stock has a market cap of $516.04 million and a PE ratio of 61.34. The stock has a 50-day moving average price of $14.58 and a 200-day moving average price of $12.80.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.17 earnings per share for the quarter, missing analysts’ consensus estimates of $0.18 by $0.01. During the same quarter last year, the business earned $0.18 EPS. The business earned $26.70 million during the quarter, compared to analysts’ expectations of $25.66 million. PDF Solutions’s revenue for the quarter was up 15.1% on a year-over-year basis. On average, equities research analysts anticipate that PDF Solutions Inc. will post $0.74 EPS for the current year.

In related news, Director R Stephen Heinrichs purchased 6,118 shares of the stock in a transaction on Friday, May 27th. The shares were purchased at an average cost of $14.24 per share, for a total transaction of $87,120.32. Following the completion of the transaction, the director now directly owns 19,187 shares of the company’s stock, valued at approximately $273,222.88. The acquisition was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

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

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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