PDF Solutions (NASDAQ:PDFS) Stock Price Passes Above 200-Day Moving Average – Should You Sell?

PDF Solutions, Inc. (NASDAQ:PDFS)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $24.66 and traded as high as $31.20. PDF Solutions shares last traded at $30.97, with a volume of 234,194 shares changing hands.

Analyst Ratings Changes

Several brokerages recently weighed in on PDFS. Weiss Ratings reissued a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 29th. DA Davidson lifted their price target on shares of PDF Solutions from $34.00 to $36.00 and gave the stock a “buy” rating in a report on Friday, December 5th. Finally, Rosenblatt Securities upped their price objective on shares of PDF Solutions from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat, PDF Solutions currently has an average rating of “Hold” and a consensus price target of $34.50.

PDF Solutions Trading Up 4.8%

The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.25. The business’s fifty day moving average is $28.06 and its 200-day moving average is $24.66. The stock has a market capitalization of $1.22 billion, a PE ratio of -3,097.00 and a beta of 1.57.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, November 6th. The technology company reported $0.25 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.25. The company had revenue of $57.12 million for the quarter, compared to analyst estimates of $56.69 million. PDF Solutions had a negative net margin of 0.03% and a positive return on equity of 4.28%. As a group, analysts anticipate that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

Institutional Investors Weigh In On PDF Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the company. UMB Bank n.a. raised its holdings in PDF Solutions by 138.9% in the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after buying an additional 553 shares during the period. CWM LLC lifted its holdings in shares of PDF Solutions by 94.4% during the 2nd quarter. CWM LLC now owns 1,835 shares of the technology company’s stock valued at $39,000 after acquiring an additional 891 shares in the last quarter. Johnson Financial Group Inc. acquired a new position in shares of PDF Solutions during the 3rd quarter valued at $83,000. Tower Research Capital LLC TRC boosted its position in PDF Solutions by 257.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock worth $73,000 after purchasing an additional 2,442 shares during the period. Finally, iSAM Funds UK Ltd acquired a new stake in shares of PDF Solutions in the third quarter valued at about $100,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

PDF Solutions Company Profile

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.