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 note published on Tuesday.

Several other analysts have also recently commented on PDFS. DA Davidson reissued a “buy” rating and issued a $42.00 price target on shares of PDF Solutions in a report on Wednesday, August 28th. Rosenblatt Securities reissued a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a report on Friday, November 8th.

PDF Solutions Price Performance

Shares of PDFS stock traded down $0.94 during midday trading on Tuesday, hitting $30.15. The company had a trading volume of 58,676 shares, compared to its average volume of 162,650. The stock has a market cap of $1.17 billion, a price-to-earnings ratio of 282.66 and a beta of 1.49. The company’s 50 day simple moving average is $30.07 and its 200 day simple moving average is $32.57. PDF Solutions has a 52-week low of $27.69 and a 52-week high of $39.70.

Institutional Trading of PDF Solutions

Hedge funds and other institutional investors have recently bought and sold shares of the company. nVerses Capital LLC acquired a new stake in PDF Solutions in the 2nd quarter worth about $25,000. GAMMA Investing LLC grew its holdings in PDF Solutions by 98.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock valued at $35,000 after purchasing an additional 479 shares during the period. Meeder Asset Management Inc. acquired a new position in PDF Solutions during the third quarter worth approximately $37,000. Nisa Investment Advisors LLC increased its position 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 worth $65,000 after purchasing an additional 526 shares during the last quarter. Finally, Quest Partners LLC raised 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 worth $200,000 after purchasing an additional 5,476 shares during the period. 79.51% of the stock is owned by hedge funds and other institutional investors.

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.