PDF Solutions (NASDAQ:PDFS) Shares Pass Above Two Hundred Day Moving Average – Here’s Why

PDF Solutions, Inc. (NASDAQ:PDFS)’s stock price crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $26.15 and traded as high as $33.97. PDF Solutions shares last traded at $31.85, with a volume of 403,512 shares traded.

Wall Street Analyst Weigh In

PDFS has been the subject of several analyst reports. Rosenblatt Securities increased 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. DA Davidson increased their target price on shares of PDF Solutions from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Friday, December 5th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of PDF Solutions in a report on Monday, December 29th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $34.50.

PDF Solutions Trading Down 6.4%

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 company has a market capitalization of $1.26 billion, a PE ratio of -3,185.00 and a beta of 1.57. The stock’s fifty day moving average price is $30.68 and its two-hundred day moving average price is $26.15.

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

Institutional Trading of PDF Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of PDFS. M&T Bank Corp grew its position in shares of PDF Solutions by 28.8% during the fourth quarter. M&T Bank Corp now owns 20,165 shares of the technology company’s stock worth $575,000 after purchasing an additional 4,508 shares in the last quarter. Clarus Group Inc. boosted its stake in PDF Solutions by 22.1% in the 4th quarter. Clarus Group Inc. now owns 10,553 shares of the technology company’s stock worth $301,000 after purchasing an additional 1,910 shares during the period. CVA Family Office LLC purchased a new stake in PDF Solutions during the 4th quarter valued at approximately $507,000. Silverberg Bernstein Capital Management LLC raised its position in shares of PDF Solutions by 3.3% during the fourth quarter. Silverberg Bernstein Capital Management LLC now owns 473,883 shares of the technology company’s stock valued at $13,520,000 after buying an additional 15,100 shares during the last quarter. Finally, SG Americas Securities LLC lifted its holdings in shares of PDF Solutions by 36.1% in the fourth quarter. SG Americas Securities LLC now owns 18,959 shares of the technology company’s stock worth $541,000 after buying an additional 5,026 shares in the last quarter. Hedge funds and other institutional investors own 79.51% of the company’s stock.

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.