PDF Solutions, Inc. (NASDAQ:PDFS) has earned a consensus recommendation of “Hold” from the six brokerages that are covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating on the company. The average 12 month target price among brokerages that have covered the stock in the last year is $23.33.

Several analysts have issued reports on PDFS shares. Craig Hallum raised PDF Solutions from a “hold” rating to a “buy” rating and set a $22.00 target price for the company in a research note on Wednesday, July 12th. Northland Securities set a $22.00 target price on PDF Solutions and gave the stock a “hold” rating in a research note on Sunday, July 30th. BidaskClub raised PDF Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, July 8th. Finally, ValuEngine lowered PDF Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, May 31st.

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Shares of PDF Solutions (NASDAQ PDFS) opened at 14.46 on Friday. The firm has a market capitalization of $467.54 million, a P/E ratio of 85.56 and a beta of 1.43. The company’s 50-day moving average is $15.24 and its 200 day moving average is $18.16. PDF Solutions has a 52-week low of $14.11 and a 52-week high of $24.44.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, July 27th. The technology company reported $0.08 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.06. The business had revenue of $24.30 million during the quarter, compared to analyst estimates of $26.58 million. PDF Solutions had a return on equity of 2.78% and a net margin of 5.29%. PDF Solutions’s revenue for the quarter was down 9.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.16 earnings per share. Analysts expect that PDF Solutions will post $0.43 EPS for the current fiscal year.

In other news, Director Lucio Lanza sold 60,000 shares of the stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $15.00, for a total transaction of $900,000.00. Following the completion of the sale, the director now owns 318,967 shares of the company’s stock, valued at $4,784,505. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 16.20% of the company’s stock.

Several large investors have recently added to or reduced their stakes in the company. FMR LLC boosted its stake in shares of PDF Solutions by 154.7% during the second quarter. FMR LLC now owns 1,648,594 shares of the technology company’s stock valued at $27,119,000 after purchasing an additional 1,001,408 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of PDF Solutions by 5.1% during the second quarter. Dimensional Fund Advisors LP now owns 1,283,017 shares of the technology company’s stock valued at $21,106,000 after purchasing an additional 62,264 shares during the period. Vanguard Group Inc. boosted its stake in shares of PDF Solutions by 4.8% during the second quarter. Vanguard Group Inc. now owns 1,176,585 shares of the technology company’s stock valued at $19,356,000 after purchasing an additional 54,358 shares during the period. Cowen Prime Services LLC boosted its stake in shares of PDF Solutions by 5.5% during the second quarter. Cowen Prime Services LLC now owns 1,118,183 shares of the technology company’s stock valued at $18,394,000 after purchasing an additional 58,228 shares during the period. Finally, Divisar Capital Management LLC boosted its stake in shares of PDF Solutions by 97.9% during the second quarter. Divisar Capital Management LLC now owns 821,968 shares of the technology company’s stock valued at $13,521,000 after purchasing an additional 406,621 shares during the period. 82.45% of the stock is owned by hedge funds and other institutional investors.

About PDF Solutions

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

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