PDF Solutions (NASDAQ:PDFS) Shares Cross Above 200 Day Moving Average – Time to Sell?

PDF Solutions, Inc. (NASDAQ:PDFS) 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 trading hands.

Wall Street Analyst Weigh In

Several research firms have weighed in on PDFS. Rosenblatt Securities raised their price target on PDF Solutions from $31.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, October 30th. DA Davidson increased their target price on PDF Solutions from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Friday, December 5th. Finally, Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $34.50.

PDF Solutions Price Performance

The company has a debt-to-equity ratio of 0.25, a quick ratio of 2.21 and a current ratio of 2.21. The firm has a fifty day simple moving average of $30.68 and a 200 day simple moving average of $26.15. The company has a market capitalization of $1.26 billion, a PE ratio of -3,185.00 and a beta of 1.57.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, November 6th. The technology company reported $0.25 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.25. The business 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%. Equities analysts anticipate that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the business. Amalgamated Bank grew its stake in shares of PDF Solutions by 4.0% in the third quarter. Amalgamated Bank now owns 9,237 shares of the technology company’s stock worth $238,000 after acquiring an additional 359 shares in the last quarter. Inspire Investing LLC grew its stake in PDF Solutions by 2.9% during the 2nd quarter. Inspire Investing LLC now owns 18,465 shares of the technology company’s stock worth $395,000 after purchasing an additional 525 shares in the last quarter. UMB Bank n.a. grew 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 worth $25,000 after purchasing an additional 553 shares in the last quarter. State of Wyoming increased its holdings in PDF Solutions by 4.5% during the 2nd quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock worth $330,000 after purchasing an additional 668 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in PDF Solutions by 4.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock valued at $353,000 after purchasing an additional 753 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors and hedge funds.

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.