DA Davidson Reduces Earnings Estimates for PDF Solutions

PDF Solutions, Inc. (NASDAQ:PDFS) – Equities researchers at DA Davidson lowered their FY2024 earnings per share estimates for PDF Solutions in a research report issued on Friday, January 17th. DA Davidson analyst W. Jellison now anticipates that the technology company will post earnings of $0.29 per share for the year, down from their prior estimate of $0.30. The consensus estimate for PDF Solutions’ current full-year earnings is $0.30 per share. DA Davidson also issued estimates for PDF Solutions’ Q4 2024 earnings at $0.10 EPS and FY2025 earnings at $0.50 EPS.

A number of other equities research analysts have also recently commented on the stock. Rosenblatt Securities restated a “buy” rating and issued a $40.00 price target on shares of PDF Solutions in a report on Friday, November 8th. Northland Securities restated an “outperform” rating and issued a $45.00 target price on shares of PDF Solutions in a research note on Tuesday, December 24th. Finally, StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th.

PDF Solutions Stock Up 1.5 %

Shares of PDFS stock opened at $27.88 on Monday. PDF Solutions has a 52 week low of $26.60 and a 52 week high of $39.70. The firm has a 50 day moving average of $29.58 and a 200-day moving average of $30.89. The company has a market cap of $1.08 billion, a price-to-earnings ratio of 253.48 and a beta of 1.53.

Insiders Place Their Bets

In other PDF Solutions news, Director Nancy Erba sold 2,000 shares of the business’s 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 directly owns 13,739 shares of the company’s stock, valued at approximately $423,298.59. The trade was a 12.71 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Andrzej Strojwas sold 5,030 shares of the stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $30.85, for a total value of $155,175.50. Following the completion of the sale, the insider now directly owns 94,717 shares of the company’s stock, valued at approximately $2,922,019.45. This trade represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 11.13% of the company’s stock.

Institutional Investors Weigh In On PDF Solutions

Several institutional investors have recently bought and sold shares of the stock. Barclays PLC raised its holdings in shares of PDF Solutions by 388.4% in the third quarter. Barclays PLC now owns 55,467 shares of the technology company’s stock valued at $1,757,000 after purchasing an additional 44,111 shares during the last quarter. State Street Corp grew its position in PDF Solutions by 2.1% in the 3rd quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock worth $36,357,000 after purchasing an additional 23,148 shares in the last quarter. Creative Planning purchased a new stake in PDF Solutions in the 3rd quarter valued at about $341,000. Franklin Resources Inc. lifted its position in shares of PDF Solutions by 8.9% during the 3rd quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock worth $394,000 after buying an additional 1,025 shares in the last quarter. Finally, Emerald Advisers LLC boosted its stake 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 worth $28,361,000 after buying an additional 19,673 shares during the last quarter. Institutional investors 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.