PDF Solutions Inc. (NASDAQ:PDFS) traded down 2.7% on Thursday . The stock traded as low as $15.30 and last traded at $15.38, with a volume of 52,396 shares traded. The stock had previously closed at $15.80.

Separately, Zacks Investment Research lowered shares of PDF Solutions from a “strong-buy” rating to a “hold” rating in a report on Wednesday.

The firm’s 50-day moving average price is $14.32 and its 200-day moving average price is $12.51. The firm has a market capitalization of $486.03 million and a price-to-earnings ratio of 57.42.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, April 28th. The company reported $0.17 earnings per share for the quarter, hitting the Zacks’ consensus estimate of $0.17. The business had revenue of $25.08 million for the quarter, compared to the consensus estimate of $25.14 million. The company’s revenue was down 6.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.26 earnings per share. On average, analysts forecast that PDF Solutions Inc. will post $0.77 EPS for the current year.

In other PDF Solutions news, Director R Stephen Heinrichs bought 6,118 shares of PDF Solutions stock in a transaction on Friday, May 27th. The shares were purchased at an average cost of $14.24 per share, with a total value of $87,120.32. Following the acquisition, 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 document filed with the SEC, which can be accessed through this hyperlink.

An institutional investor recently raised its position in PDF Solutions stock. Royce & Associates LLC boosted its position in shares of PDF Solutions Inc. (NASDAQ:PDFS) by 108.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor 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 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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