PDF Solutions (NASDAQ:PDFS) Upgraded at StockNews.com

StockNews.com upgraded shares of PDF Solutions (NASDAQ:PDFS) from a hold rating to a buy rating in a research report sent to investors on Tuesday morning.

Other equities research analysts have also recently issued reports about the company. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 price objective on shares of PDF Solutions in a research note on Friday, November 8th. 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.

PDF Solutions Stock Down 3.0 %

PDFS stock traded down $0.94 during mid-day trading on Tuesday, hitting $30.15. 58,676 shares of the company were exchanged, compared to its average volume of 162,650. PDF Solutions has a 12-month low of $27.69 and a 12-month high of $39.70. The firm has a market capitalization of $1.17 billion, a P/E ratio of 282.66 and a beta of 1.49. The business has a fifty day simple moving average of $30.07 and a 200-day simple moving average of $32.57.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of PDFS. Janus Henderson Group PLC increased its position in shares of PDF Solutions by 20.9% in the 1st quarter. Janus Henderson Group PLC now owns 562,326 shares of the technology company’s stock valued at $18,934,000 after purchasing an additional 97,060 shares during the last quarter. William Blair Investment Management LLC raised its position in shares of PDF Solutions by 13.9% during the 2nd quarter. William Blair Investment Management LLC now owns 743,635 shares of the technology company’s stock worth $27,053,000 after acquiring an additional 90,789 shares in the last quarter. Vanguard Group Inc. boosted its holdings in shares of PDF Solutions by 2.5% in the 1st quarter. Vanguard Group Inc. now owns 3,168,212 shares of the technology company’s stock valued at $106,674,000 after buying an additional 78,543 shares in the last quarter. Herald Investment Management Ltd purchased a new position in shares of PDF Solutions during the second quarter worth about $2,725,000. Finally, Roubaix Capital LLC boosted its position in shares of PDF Solutions by 111.9% in the 1st quarter. Roubaix Capital LLC now owns 98,118 shares of the technology company’s stock valued at $3,304,000 after purchasing an additional 51,812 shares during the period. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

PDF Solutions Company Profile

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.