PDF Solutions, Inc. (NASDAQ:PDFS) Stock Rated “Moderate Buy” by Wall Street Analysts

Shares of PDF Solutions, Inc. (NASDAQ:PDFS) have earned a consensus recommendation of “Moderate Buy” from the nine analysts that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $54.00.

PDFS has been the topic of several research analyst reports. Wells Fargo & Company initiated coverage on shares of PDF Solutions in a research note on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 price target on the stock. Morgan Stanley began coverage on PDF Solutions in a report on Tuesday, September 8th. They set an “overweight” rating and a $62.00 price objective on the stock. Rosenblatt Securities reiterated a “buy” rating and issued a $63.00 price objective on shares of PDF Solutions in a research report on Friday, August 7th. Weiss Ratings raised PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Finally, Wall Street Zen downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS opened at $54.44 on Wednesday. PDF Solutions has a twelve month low of $23.55 and a twelve month high of $71.68. The firm has a market cap of $2.17 billion, a PE ratio of 217.76 and a beta of 1.66. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.45 and a current ratio of 3.45. The business has a fifty day moving average of $47.32 and a 200-day moving average of $48.39.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.27. The business had revenue of $61.53 million for the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. On average, equities research analysts predict that PDF Solutions will post 0.78 EPS for the current fiscal year.

Insider Activity at PDF Solutions

In other news, Director Shuo Zhang sold 1,501 shares of the firm’s stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total value of $77,256.47. Following the transaction, the director directly owned 23,380 shares in the company, valued at $1,203,368.60. This trade represents a 6.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CTO Andrzej Strojwas sold 3,394 shares of the company’s stock in a transaction dated Monday, August 31st. The shares were sold at an average price of $44.41, for a total value of $150,727.54. Following the completion of the sale, the chief technology officer owned 90,965 shares of the company’s stock, valued at $4,039,755.65. This represents a 3.60% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 11.08% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Central Pacific Bank Trust Division increased its stake in PDF Solutions by 11.2% in the third quarter. Central Pacific Bank Trust Division now owns 14,089 shares of the technology company’s stock valued at $719,000 after purchasing an additional 1,418 shares in the last quarter. Sequoia Financial Advisors LLC acquired a new position in shares of PDF Solutions in the 2nd quarter valued at $254,000. Tidal Investments LLC bought a new stake in shares of PDF Solutions in the 2nd quarter valued at $1,179,000. Amundi increased its position in shares of PDF Solutions by 27.4% in the 2nd quarter. Amundi now owns 14,861 shares of the technology company’s stock valued at $1,052,000 after buying an additional 3,200 shares in the last quarter. Finally, Comprehensive Financial Planning Inc. PA acquired a new stake in PDF Solutions during the 2nd quarter worth $421,000. Institutional investors own 79.51% of the company’s stock.

About PDF Solutions

PDF Solutions, Inc provides software, services and engineering solutions that help semiconductor manufacturers improve production processes, product quality and manufacturing yields. Its offerings are designed to collect, integrate and analyze data from semiconductor design, fabrication, assembly and testing operations.

The company’s Exensio platform supports applications such as yield management, manufacturing intelligence, fault detection and classification, process control, test-data analysis and supply-chain visibility.