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 Wednesday.

PDFS has been the topic of several other reports. Northland Securities reaffirmed an “outperform” rating and set a $45.00 price objective on shares of PDF Solutions in a research report on Tuesday, December 24th. Rosenblatt Securities decreased their target price on shares of PDF Solutions from $40.00 to $37.00 and set a “buy” rating for the company in a report on Friday, February 14th. Finally, DA Davidson dropped their price objective on PDF Solutions from $36.00 to $24.00 and set a “buy” rating on the stock in a research report on Monday, April 14th.

PDF Solutions Stock Performance

PDFS opened at $18.76 on Wednesday. The firm has a 50-day moving average of $19.98 and a 200 day moving average of $25.92. PDF Solutions has a fifty-two week low of $15.91 and a fifty-two week high of $39.70. The firm has a market cap of $733.78 million, a P/E ratio of 187.60 and a beta of 1.62.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.15). The firm had revenue of $50.09 million during the quarter, compared to analysts’ expectations of $49.40 million. PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. Equities research analysts predict that PDF Solutions will post 0.32 earnings per share for the current fiscal year.

Insider Buying and Selling at PDF Solutions

In other PDF Solutions news, Director Michael B. Gustafson bought 4,000 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were purchased at an average price of $23.06 per share, with a total value of $92,240.00. Following the completion of the purchase, the director now owns 22,574 shares in the company, valued at $520,556.44. This represents a 21.54 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CEO John Kachig Kibarian acquired 34,356 shares of the firm’s stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average price of $22.80 per share, with a total value of $783,316.80. Following the acquisition, the chief executive officer now directly owns 2,507,112 shares in the company, valued at $57,162,153.60. This represents a 1.39 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.13% of the stock is owned by company insiders.

Institutional Trading of PDF Solutions

Institutional investors have recently made changes to their positions in the business. Pitcairn Co. raised its holdings in shares of PDF Solutions by 3.1% during the fourth quarter. Pitcairn Co. now owns 13,000 shares of the technology company’s stock worth $352,000 after purchasing an additional 390 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of PDF Solutions by 3.8% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,712 shares of the technology company’s stock valued at $480,000 after acquiring an additional 642 shares during the last quarter. GAMMA Investing LLC boosted its stake in PDF Solutions by 100.8% during the 1st quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company’s stock worth $35,000 after purchasing an additional 931 shares during the last quarter. KBC Group NV grew its stake in PDF Solutions by 91.6% during the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock valued at $54,000 after acquiring an additional 956 shares in the last quarter. Finally, Swiss National Bank increased its holdings in shares of PDF Solutions by 1.7% in the fourth quarter. Swiss National Bank now owns 61,000 shares of the technology company’s stock valued at $1,652,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

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.