PDF Solutions (NASDAQ:PDFS) Given Outperform Rating at Northland Securities

PDF Solutions (NASDAQ:PDFSGet Free Report)‘s stock had its “outperform” rating reiterated by equities researchers at Northland Securities in a research report issued to clients and investors on Tuesday,Benzinga reports. They presently have a $45.00 target price on the technology company’s stock. Northland Securities’ price target points to a potential upside of 57.29% from the stock’s current price.

Several other equities research analysts have also issued reports on PDFS. DA Davidson reaffirmed a “buy” rating and set a $42.00 target price on shares of PDF Solutions in a research report on Wednesday, August 28th. StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a research note on Friday, November 8th.

Read Our Latest Analysis on PDF Solutions

PDF Solutions Stock Up 0.2 %

PDFS stock opened at $28.61 on Tuesday. The firm has a market cap of $1.11 billion, a PE ratio of 260.11 and a beta of 1.51. The business has a 50 day moving average of $30.27 and a 200-day moving average of $31.83. PDF Solutions has a 12-month low of $27.69 and a 12-month high of $39.70.

Insider Buying and Selling at PDF Solutions

In other PDF Solutions news, insider Andrzej Strojwas sold 5,030 shares of the firm’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $30.85, for a total value of $155,175.50. Following the completion of the transaction, the insider now owns 94,717 shares in the company, valued at $2,922,019.45. This trade represents a 5.04 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Nancy Erba sold 2,000 shares of PDF Solutions stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total value of $61,620.00. Following the transaction, the director now directly owns 13,739 shares of the company’s stock, valued at $423,298.59. The trade was a 12.71 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 11.13% of the company’s stock.

Hedge Funds Weigh In On PDF Solutions

Large investors have recently modified their holdings of the company. nVerses Capital LLC purchased a new stake in PDF Solutions in the 2nd quarter worth approximately $25,000. Meeder Asset Management Inc. bought a new position in shares of PDF Solutions in the third quarter worth $37,000. GAMMA Investing LLC raised its position in shares of PDF Solutions by 77.3% in the third quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company’s stock worth $54,000 after buying an additional 748 shares in the last quarter. Nisa Investment Advisors LLC boosted its stake in PDF Solutions by 34.7% during the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after buying an additional 526 shares during the period. Finally, Quest Partners LLC boosted its stake in PDF Solutions by 20,281.5% during the second quarter. Quest Partners LLC now owns 5,503 shares of the technology company’s stock valued at $200,000 after buying an additional 5,476 shares during the period. 79.51% of the stock is currently owned by institutional investors.

PDF Solutions Company Profile

(Get Free Report)

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.

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