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

PDF Solutions (NASDAQ:PDFS) was upgraded by StockNews.com from a “hold” rating to a “buy” rating in a research note issued on Tuesday.

A number of other analysts have also recently issued reports on PDFS. DA Davidson reiterated a “buy” rating and issued a $42.00 target price on shares of PDF Solutions in a research note on Wednesday, August 28th. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a research note on Friday.

PDF Solutions Trading Down 1.3 %

NASDAQ PDFS traded down $0.43 during trading on Tuesday, reaching $32.83. The company’s stock had a trading volume of 305,985 shares, compared to its average volume of 162,019. The stock has a market capitalization of $1.27 billion, a PE ratio of 298.45 and a beta of 1.49. The business has a 50-day moving average price of $29.95 and a 200-day moving average price of $32.56. PDF Solutions has a 1-year low of $27.69 and a 1-year high of $39.70.

Institutional Investors Weigh In On PDF Solutions

Several institutional investors and hedge funds have recently bought and sold shares of PDFS. Louisiana State Employees Retirement System grew its holdings in shares of PDF Solutions by 2.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock worth $564,000 after purchasing an additional 300 shares during the last quarter. Texas Permanent School Fund Corp increased its stake in PDF Solutions by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 26,788 shares of the technology company’s stock worth $902,000 after purchasing an additional 347 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of PDF Solutions by 98.0% during the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock worth $35,000 after acquiring an additional 479 shares in the last quarter. Dana Investment Advisors Inc. grew its stake in shares of PDF Solutions by 0.9% during the 2nd quarter. Dana Investment Advisors Inc. now owns 54,664 shares of the technology company’s stock worth $1,989,000 after acquiring an additional 491 shares in the last quarter. Finally, Nisa Investment Advisors LLC boosted its holdings in shares of PDF Solutions by 34.7% in the 3rd 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 last quarter. Institutional investors own 79.51% of the company’s stock.

About PDF Solutions

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.