BidaskClub upgraded shares of PDF Solutions (NASDAQ:PDFS) from a strong sell rating to a sell rating in a research report released on Friday morning.

Several other equities research analysts have also recently issued reports on PDFS. ValuEngine cut shares of PDF Solutions from a sell rating to a strong sell rating in a research report on Tuesday, July 24th. DA Davidson reiterated a buy rating on shares of PDF Solutions in a research report on Friday, August 3rd. Zacks Investment Research cut shares of PDF Solutions from a hold rating to a strong sell rating in a research report on Thursday, August 9th. Finally, TheStreet cut shares of PDF Solutions from a c- rating to a d+ rating in a research report on Thursday, September 6th. Three analysts have rated the stock with a sell rating and one has given a hold rating to the stock. PDF Solutions presently has a consensus rating of Sell and a consensus price target of $13.00.

Shares of PDF Solutions stock traded up $0.03 on Friday, hitting $8.52. 361,938 shares of the company traded hands, compared to its average volume of 227,426. The stock has a market cap of $290.23 million, a P/E ratio of -213.00 and a beta of 1.10. PDF Solutions has a 52 week low of $8.10 and a 52 week high of $18.48.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, August 2nd. The technology company reported $0.02 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.04). The company had revenue of $21.12 million for the quarter, compared to the consensus estimate of $22.95 million. PDF Solutions had a negative net margin of 4.60% and a negative return on equity of 2.28%. The company’s quarterly revenue was down 13.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.08 EPS. Sell-side analysts expect that PDF Solutions will post -0.2 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the company. Swiss National Bank increased its position in PDF Solutions by 12.8% in the first quarter. Swiss National Bank now owns 49,200 shares of the technology company’s stock worth $574,000 after purchasing an additional 5,600 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in PDF Solutions by 11.0% in the first quarter. Schwab Charles Investment Management Inc. now owns 141,028 shares of the technology company’s stock worth $1,645,000 after purchasing an additional 14,014 shares during the last quarter. Northern Trust Corp increased its position in PDF Solutions by 3.5% in the first quarter. Northern Trust Corp now owns 380,210 shares of the technology company’s stock worth $4,434,000 after purchasing an additional 12,983 shares during the last quarter. BlackRock Inc. increased its position in PDF Solutions by 2.2% in the first quarter. BlackRock Inc. now owns 3,619,808 shares of the technology company’s stock worth $42,204,000 after purchasing an additional 78,620 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position in PDF Solutions by 8.1% in the first quarter. Dimensional Fund Advisors LP now owns 1,556,983 shares of the technology company’s stock worth $18,154,000 after purchasing an additional 116,602 shares during the last quarter. Hedge funds and other institutional investors own 87.30% of the company’s stock.

About PDF Solutions

PDF Solutions, Inc provides infrastructure technologies and services to enhance yield and optimize performance of integrated circuits (IC) in the United States, Germany, Taiwan, China, and internationally. It offers manufacturing process solutions; volume manufacturing solutions; design-for-inspection (DFI) solutions; and design-for-manufacturability (DFM) solutions.

Recommended Story: What is a Call Option?

Receive News & Ratings for PDF Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDF Solutions and related companies with MarketBeat.com's FREE daily email newsletter.