Shuo Zhang Sells 1,501 Shares of PDF Solutions (NASDAQ:PDFS) Stock

PDF Solutions, Inc. (NASDAQ:PDFS) Director Shuo Zhang sold 1,501 shares of the business’s stock in a transaction dated Wednesday, August 12th. The shares were sold at an average price of $51.47, for a total value of $77,256.47. Following the sale, the director owned 23,380 shares in the company, valued at approximately $1,203,368.60. The trade was a 6.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS traded up $2.62 during trading on Wednesday, hitting $51.77. The stock had a trading volume of 619,200 shares, compared to its average volume of 517,866. PDF Solutions, Inc. has a 12-month low of $18.56 and a 12-month high of $71.68. The stock has a market capitalization of $2.07 billion, a price-to-earnings ratio of 207.08 and a beta of 1.67. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.17. The stock has a 50-day simple moving average of $55.67 and a two-hundred day simple moving average of $44.34.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, August 6th. The technology company reported $0.27 EPS for the quarter, meeting analysts’ consensus estimates of $0.27. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%.The firm had revenue of $61.53 million for the quarter, compared to analyst estimates of $61.17 million. On average, equities research analysts expect that PDF Solutions, Inc. will post 0.69 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the stock. Quantbot Technologies LP purchased a new position in PDF Solutions in the 2nd quarter valued at about $33,000. TRB Wealth Management LLC acquired a new position in shares of PDF Solutions during the second quarter valued at approximately $259,000. William Blair Investment Management LLC purchased a new position in shares of PDF Solutions in the second quarter valued at approximately $39,234,000. Callan Family Office LLC acquired a new stake in shares of PDF Solutions in the second quarter worth approximately $347,000. Finally, B. Metzler seel. Sohn & Co. AG acquired a new stake in shares of PDF Solutions in the second quarter worth approximately $904,000. Institutional investors and hedge funds own 79.51% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Wells Fargo & Company initiated coverage on shares of PDF Solutions in a research note on Tuesday, August 4th. They issued an “equal weight” rating and a $50.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of PDF Solutions in a research report on Friday, August 7th. Wall Street Zen lowered PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday. DA Davidson reissued a “buy” rating and issued a $56.00 price objective on shares of PDF Solutions in a report on Monday, May 18th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $63.00 target price on shares of PDF Solutions in a report on Friday, August 7th. Three investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $58.50.

About PDF Solutions

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.