Insider Selling: PDF Solutions, Inc. (NASDAQ:PDFS) Director Sells 2,000 Shares of Stock

PDF Solutions, Inc. (NASDAQ:PDFS) Director Nancy Erba sold 2,000 shares of PDF Solutions stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total transaction of $61,620.00. Following the completion of the sale, the director now owns 13,739 shares of the company’s stock, valued at $423,298.59. This trade represents a 12.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

PDF Solutions Trading Down 0.7 %

Shares of NASDAQ:PDFS opened at $30.18 on Friday. PDF Solutions, Inc. has a twelve month low of $27.69 and a twelve month high of $39.70. The company has a market cap of $1.17 billion, a PE ratio of 274.39 and a beta of 1.51. The company’s 50 day moving average is $30.46 and its 200 day moving average is $32.17.

Wall Street Analysts Forecast Growth

PDFS has been the subject of a number of research analyst reports. DA Davidson reaffirmed a “buy” rating and issued a $42.00 price target on shares of PDF Solutions in a report on Wednesday, August 28th. StockNews.com upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $40.00 price target on shares of PDF Solutions in a research report on Friday, November 8th.

Institutional Trading of PDF Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Assenagon Asset Management S.A. lifted its position in PDF Solutions by 9.9% during the second quarter. Assenagon Asset Management S.A. now owns 231,915 shares of the technology company’s stock valued at $8,437,000 after purchasing an additional 20,885 shares during the period. Creative Planning purchased a new position in shares of PDF Solutions during the 3rd quarter valued at about $341,000. Emerald Advisers LLC lifted its holdings in shares of PDF Solutions by 2.2% in the 3rd quarter. Emerald Advisers LLC now owns 895,248 shares of the technology company’s stock valued at $28,361,000 after buying an additional 19,673 shares during the period. Dimensional Fund Advisors LP boosted its stake in shares of PDF Solutions by 1.9% in the second quarter. Dimensional Fund Advisors LP now owns 917,627 shares of the technology company’s stock worth $33,383,000 after buying an additional 16,853 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new stake in PDF Solutions during the second quarter worth about $689,000. Institutional investors and hedge funds own 79.51% of the company’s stock.

About PDF Solutions

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.