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Tuesday, September 26, 2023

Is PDF Solutions Inc. (NASDAQ: PDFS) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for PDF Solutions Inc. (PDFS) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.31, or 0.85%, to $36.76. The PDF Solutions Inc. has recorded 24,035 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted PDF Solutions To Participate In The Battery Show with Strategic Partner, Voltaiq.

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Stocks Info

This NASDAQ-listed company operates within the Software – Application industry segment, falling under the Technology sector. The current market capitalization of PDF Solutions Inc. is $1.39B. A total of 0.11 million shares were traded on the day, compared to an average of 159.97K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, PDFS has seen 7 BUY and 6 SELL insider trades, representing the acquisition of 29,270 and the disposition of 13,930 shares. Over the last 12 months, there were 8 BUYs and 25 SELLs from insiders. Insiders purchased 49,270 shares during that period but sold 111,496.

In the most recent transaction, Zhang Shuo sold 3,047 shares of PDFS for 33.75 per share on Aug 18. After the transaction, the Director now owns 15,881 company shares. In a previous transaction on Mar 08, Strojwas Andrzej sold 2,520 shares at 38.45 per share. PDFS shares that CTO owns now total 87,139.

Among the insiders who sold shares, Raza Adnan disposed of 15,547 shares on Mar 03 at a per-share price of $37.64. This resulted in the EVP, FINANCE AND CFO holding 75,000 shares of PDFS after the transaction. In another insider transaction, GUSTAFSON MICHAEL B sold 13,316 shares at $37.26 per share on Feb 28. Company shares held by the Director now total 16,588.

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Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for PDFS in the last 3 months, the mean price target is $46.50 with high estimates of $50.00 and low estimates of $44.00. In terms of 52-week highs and lows, PDFS has a high of $48.02 and a low of $21.36.

As of this writing, PDFS has an earnings estimate of $0.15 per share for the current quarter. EPS was calculated based on a consensus of 4 estimates, with a high estimate of $0.16 per share and a lower estimate of $0.14. The company reported an EPS of $0.19 in the last quarter, which was 35.70% higher than expectations of $0.14.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. PDFS’s latest balance sheet shows that the firm has $140.23M in Cash & Short Term Investments as of fiscal 2021. There were $7.02M in debt and $43.83M in liabilities at the time. Its Book Value Per Share was $5.92, while its Total Shareholder’s Equity was $219.59M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for PDFS is Buy with a score of 5.00.

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