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

PDF Solutions, Inc. (NASDAQ:PDFS) shares passed 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.

Analysts Set New Price Targets

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

PDF Solutions Stock Performance

The stock has a fifty day moving average price of $30.68 and a 200 day moving average price of $26.17. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.25. The firm has a market cap of $1.26 billion, a price-to-earnings ratio of -3,185.00 and a beta of 1.57.

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

Institutional Investors Weigh In On PDF Solutions

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

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.