PDF Solutions Inc. (NASDAQ:PDFS) shares were up 1.6% during trading on Wednesday . The stock traded as high as $16.82 and last traded at $16.82, with a volume of 50,121 shares changing hands. The stock had previously closed at $16.56.

Several research analysts have commented on PDFS shares. Zacks Investment Research raised shares of PDF Solutions from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a report on Thursday, June 30th. Craig Hallum downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating and set a $17.00 price target for the company. in a report on Friday, July 29th.

The company’s 50-day moving average is $15.53 and its 200 day moving average is $13.45. The stock has a market capitalization of $524.33 million and a PE ratio of 62.19.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, July 28th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.01. During the same quarter in the previous year, the company posted $0.18 EPS. The firm had revenue of $26.70 million for the quarter, compared to analysts’ expectations of $25.66 million. The business’s quarterly revenue was up 15.1% on a year-over-year basis. On average, analysts anticipate that PDF Solutions Inc. will post $0.71 earnings per share for the current year.

In related news, CFO Gregory C. Walker sold 2,382 shares of the stock in a transaction that occurred on Tuesday, August 9th. The shares were sold at an average price of $17.00, for a total transaction of $40,494.00. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, VP Cornelis Hartgring sold 15,631 shares of the stock in a transaction that occurred on Wednesday, August 3rd. The shares were sold at an average price of $16.66, for a total transaction of $260,412.46. The disclosure for this sale can be found here.

A hedge fund recently raised its stake in PDF Solutions stock. Royce & Associates LLC boosted its position in PDF Solutions Inc. (NASDAQ:PDFS) by 108.0% during the fourth quarter, according to its most recent Form 13F filing 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 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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