PDF Solutions (NASDAQ:PDFS) Share Price Crosses Above 200 Day Moving Average of $31.69

PDF Solutions, Inc. (NASDAQ:PDFS) shares crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $31.69 and traded as high as $32.85. PDF Solutions shares last traded at $32.08, with a volume of 115,428 shares traded.

Analysts Set New Price Targets

A number of analysts have commented on the company. StockNews.com cut PDF Solutions from a “buy” rating to a “hold” rating in a research report on Friday, February 16th. TheStreet raised PDF Solutions from a “d+” rating to a “c-” rating in a research report on Wednesday, December 20th.

PDF Solutions Stock Performance

The stock has a 50 day simple moving average of $33.55 and a two-hundred day simple moving average of $31.69. The firm has a market cap of $1.24 billion, a PE ratio of 458.29 and a beta of 1.46.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, February 15th. The technology company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. PDF Solutions had a return on equity of 6.09% and a net margin of 1.87%. The firm had revenue of $41.13 million during the quarter, compared to analyst estimates of $41.00 million. Equities research analysts forecast that PDF Solutions, Inc. will post 0.36 earnings per share for the current year.

Insider Activity at PDF Solutions

In related news, Director Ye Jane Li sold 1,531 shares of PDF Solutions stock in a transaction dated Friday, February 23rd. The stock was sold at an average price of $34.00, for a total value of $52,054.00. Following the completion of the transaction, the director now owns 21,785 shares in the company, valued at approximately $740,690. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 11.21% of the stock is owned by company insiders.

Hedge Funds Weigh In On PDF Solutions

A number of hedge funds have recently made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in shares of PDF Solutions by 67.0% during the fourth quarter. PNC Financial Services Group Inc. now owns 7,692 shares of the technology company’s stock valued at $247,000 after acquiring an additional 3,085 shares during the last quarter. Vanguard Group Inc. raised its holdings in shares of PDF Solutions by 5.5% during the fourth quarter. Vanguard Group Inc. now owns 3,089,669 shares of the technology company’s stock valued at $99,302,000 after acquiring an additional 160,441 shares during the last quarter. Price T Rowe Associates Inc. MD raised its holdings in shares of PDF Solutions by 9.4% during the fourth quarter. Price T Rowe Associates Inc. MD now owns 7,467 shares of the technology company’s stock valued at $240,000 after acquiring an additional 644 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of PDF Solutions by 1.0% during the fourth quarter. Legal & General Group Plc now owns 87,269 shares of the technology company’s stock valued at $2,805,000 after acquiring an additional 865 shares during the last quarter. Finally, Barclays PLC grew its position in shares of PDF Solutions by 231.1% in the fourth quarter. Barclays PLC now owns 48,149 shares of the technology company’s stock valued at $1,547,000 after purchasing an additional 33,605 shares in the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Company Profile

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.