PDF Solutions (NASDAQ:PDFS) Upgraded at DA Davidson

PDF Solutions (NASDAQ:PDFS - Get Free Report) was upgraded by analysts at DA Davidson to a "strong-buy" rating in a research note issued to investors on Tuesday,Zacks.com reports.

A number of other equities research analysts have also commented on PDFS. Wall Street Zen lowered PDF Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Rosenblatt Securities dropped their price target on PDF Solutions from $37.00 to $31.00 and set a "buy" rating on the stock in a research report on Monday, May 5th.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS opened at $23.72 on Tuesday. The stock has a market capitalization of $928.40 million, a P/E ratio of 790.93 and a beta of 1.46. PDF Solutions has a 1-year low of $15.91 and a 1-year high of $37.80. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.27. The business has a 50-day moving average price of $20.51 and a two-hundred day moving average price of $21.76.

Insiders Place Their Bets

In related news, Director Michael B. Gustafson bought 7,500 shares of the business's stock in a transaction on Tuesday, May 13th. The shares were purchased at an average cost of $19.45 per share, with a total value of $145,875.00. Following the acquisition, the director owned 30,074 shares of the company's stock, valued at $584,939.30. This represents a 33.22% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 11.09% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Pitcairn Co. grew its holdings in shares of PDF Solutions by 3.1% in the fourth quarter. Pitcairn Co. now owns 13,000 shares of the technology company's stock valued at $352,000 after acquiring an additional 390 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of PDF Solutions by 3.8% in 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 in the last quarter. Signaturefd LLC grew its holdings in shares of PDF Solutions by 124.1% in the first quarter. Signaturefd LLC now owns 1,421 shares of the technology company's stock valued at $27,000 after acquiring an additional 787 shares in the last quarter. GAMMA Investing LLC grew its holdings in shares of PDF Solutions by 100.8% in the first quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock valued at $35,000 after acquiring an additional 931 shares in the last quarter. Finally, Swiss National Bank grew 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 acquiring an additional 1,000 shares in the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

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.

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