SANTA CLARA, CA—Andrzej Strojwas, Chief Technology Officer of PDF Solutions Inc. (NASDAQ:PDFS), a $1.18 billion market cap technology company with a strong financial health rating according to InvestingPro, has reported the sale of 5,030 shares of the company's common stock, according to a recent SEC filing. The shares were sold at an average price of $30.85, amounting to a total transaction value of approximately $155,193. Following this transaction, Strojwas retains ownership of 94,717 shares in the company. The stock, which has shown notable volatility, currently trades at a significant P/E ratio of 266x, with the price sitting between its 52-week range of $27.69 to $39.70. Get deeper insights into PDFS's valuation metrics and 10 key investment tips with InvestingPro's comprehensive research report.
In other recent news, PDF Solutions has reported a successful third quarter, highlighting an 11% increase in total revenue from the previous quarter, amounting to $46.4 million. This figure also represents a 10% rise year-over-year. The company's growth is largely attributed to strong bookings for its Exensio and Cimetrix software, as well as a significant revenue boost from a large cloud customer. Additionally, PDF Solutions is targeting a 20% rise in revenue for the fourth quarter. Despite noting some macroeconomic weaknesses, particularly in China, the company is optimistic about future growth, driven by strategic partnerships and technological advancements. These recent developments underscore PDF Solutions' positive market outlook and its commitment to leveraging AI applications in semiconductor manufacturing.
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