PDF Solutions, Inc. (NASDAQ:PDFS) Insider Sells $155,175.50 in Stock

PDF Solutions, Inc. (NASDAQ:PDFS) insider Andrzej Strojwas sold 5,030 shares of the company’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $30.85, for a total transaction of $155,175.50. Following the sale, the insider now directly owns 94,717 shares in the company, valued at $2,922,019.45. This represents a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link.

PDF Solutions Stock Down 1.0 %

Shares of PDFS opened at $30.44 on Wednesday. PDF Solutions, Inc. has a twelve month low of $27.69 and a twelve month high of $39.70. The stock has a market capitalization of $1.18 billion, a P/E ratio of 276.75 and a beta of 1.51. The company has a 50 day moving average of $30.47 and a 200-day moving average of $32.05.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in PDFS. Needham Investment Management LLC lifted its position in PDF Solutions by 32.3% during the 3rd quarter. Needham Investment Management LLC now owns 1,759,550 shares of the technology company’s stock worth $55,743,000 after buying an additional 429,550 shares in the last quarter. Janus Henderson Group PLC boosted its position in PDF Solutions by 16.7% during the third quarter. Janus Henderson Group PLC now owns 658,547 shares of the technology company’s stock valued at $20,863,000 after purchasing an additional 94,154 shares during the last quarter. William Blair Investment Management LLC grew its stake in PDF Solutions by 13.9% in the second quarter. William Blair Investment Management LLC now owns 743,635 shares of the technology company’s stock valued at $27,053,000 after purchasing an additional 90,789 shares in the last quarter. Herald Investment Management Ltd acquired a new position in shares of PDF Solutions during the 2nd quarter worth approximately $2,725,000. Finally, Divisar Capital Management LLC raised its stake in shares of PDF Solutions by 9.1% during the 2nd quarter. Divisar Capital Management LLC now owns 595,583 shares of the technology company’s stock worth $21,667,000 after purchasing an additional 49,762 shares in the last quarter. Institutional investors own 79.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on PDFS. DA Davidson reiterated a “buy” rating and set a $42.00 target price on shares of PDF Solutions in a research report on Wednesday, August 28th. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 price objective on shares of PDF Solutions in a research report on Friday, November 8th. Finally, StockNews.com upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th.

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.