Nancy Erba Sells 2,000 Shares of PDF Solutions, Inc. (NASDAQ:PDFS) Stock

PDF Solutions, Inc. (NASDAQ:PDFS) Director Nancy Erba sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total value 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 $423,298.59. This represents a 12.71 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

PDF Solutions Price Performance

Shares of PDFS stock opened at $30.18 on Friday. The stock has a market cap of $1.17 billion, a P/E ratio of 274.39 and a beta of 1.51. PDF Solutions, Inc. has a one year low of $27.69 and a one year high of $39.70. The stock has a fifty day moving average price of $30.47 and a 200 day moving average price of $32.21.

Analyst Ratings Changes

Several research firms have recently weighed in on PDFS. Rosenblatt Securities reissued a “buy” rating and issued a $40.00 price objective on shares of PDF Solutions in a research report on Friday, November 8th. StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $42.00 target price on shares of PDF Solutions in a research report on Wednesday, August 28th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of PDFS. Needham Investment Management LLC raised its stake in PDF Solutions by 32.3% during the third quarter. Needham Investment Management LLC now owns 1,759,550 shares of the technology company’s stock worth $55,743,000 after acquiring an additional 429,550 shares in the last quarter. State Street Corp increased its stake in shares of PDF Solutions by 2.1% in the third quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock valued at $36,357,000 after buying an additional 23,148 shares in the last quarter. Dimensional Fund Advisors LP increased 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 valued at $33,383,000 after buying an additional 16,853 shares in the last quarter. Emerald Advisers LLC increased its stake in shares of PDF Solutions by 2.2% in the third 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 in the last quarter. Finally, William Blair Investment Management LLC increased its position 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 worth $27,053,000 after purchasing an additional 90,789 shares during the period. 79.51% of the stock is owned by institutional investors.

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.