Shares of PDF Solutions Inc. (NASDAQ:PDFS) fell 2.3% during trading on Thursday . The company traded as low as $16.15 and last traded at $16.37, with a volume of 185,294 shares trading hands. The stock had previously closed at $16.75.

A number of research firms have commented on PDFS. Craig Hallum downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating and set a $17.00 price objective for the company. in a report on Friday, July 29th. Zacks Investment Research downgraded shares of PDF Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 20th.

The stock has a 50 day moving average price of $16.45 and a 200 day moving average price of $14.01. The stock has a market capitalization of $518.07 million and a price-to-earnings ratio of 61.45.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, July 28th. The company reported $0.17 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.18 by $0.01. During the same quarter last year, the business posted $0.18 EPS. The firm had revenue of $26.70 million for the quarter, compared to analyst estimates of $25.66 million. The firm’s revenue for the quarter was up 15.1% on a year-over-year basis. Analysts forecast that PDF Solutions Inc. will post $0.68 earnings per share for the current fiscal year.

In other news, VP Cornelis Hartgring sold 14,031 shares of the business’s stock in a transaction dated Tuesday, August 2nd. The shares were sold at an average price of $16.66, for a total transaction of $233,756.46. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CFO Gregory C. Walker sold 2,382 shares of the business’s stock in a transaction dated Tuesday, August 9th. The stock was sold at an average price of $17.00, for a total transaction of $40,494.00. The disclosure for this sale can be found here.

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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