Insider Selling: PDF Solutions VP Sells 21,320 Shares of Stock (PDFS)
PDF Solutions (NASDAQ:PDFS) VP Cornelis Hartgring sold 21,320 shares of the company’s stock in a transaction dated Wednesday, September 11th. The shares were sold at an average price of $21.84, for a total transaction of $465,628.80. Following the completion of the transaction, the vice president now directly owns 25,626 shares of the company’s stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Separately, analysts at Zacks downgraded shares of PDF Solutions (NASDAQ:PDFS) from an “outperform” rating to a “neutral” rating in a research note to investors on Tuesday, June 25th. They now have a $20.30 price target on the stock.
PDF Solutions (NASDAQ:PDFS) traded up 0.18% during mid-day trading on Wednesday, hitting $21.91. The stock had a trading volume of 191,610 shares. PDF Solutions has a 1-year low of $12.72 and a 1-year high of $22.20. The stock’s 50-day moving average is $20.75 and its 200-day moving average is $18.24. The company has a market cap of $656.3 million and a P/E ratio of 17.48.
PDF Solutions (NASDAQ:PDFS) last released its earnings data on Wednesday, July 24th. The company reported $0.25 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.24 by $0.01. The company had revenue of $24.80 million for the quarter, compared to the consensus estimate of $25.00 million. Analysts expect that PDF Solutions will post $1.05 EPS for the current fiscal year.
PDF Solutions, Inc is a provider of infrastructure technologies and services to the integrated circuit (NASDAQ:PDFS) design and manufacturing, improve time to market, and improve profitability by addressing design and manufacturing interactions from product design to initial process ramps to mature manufacturing operations.
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