Weiss Ratings Reiterates Hold (C-) Rating for PDF Solutions (NASDAQ:PDFS)

Key Points

• Weiss Ratings has reaffirmed a hold (C-) rating for PDF Solutions (NASDAQ:PDFS), while other firms have given it a mix of buy and hold ratings.
• PDF Solutions' stock currently has an average price target of $33.33 and it opened at $26.08 on Wednesday, reflecting a recent increase of 2.6%.
• The company has seen significant institutional investment, with 79.51% of shares owned by institutional investors, including a notable 257.1% increase by Tower Research Capital LLC in the second quarter.

PDF Solutions (NASDAQ:PDFS - Get Free Report)'s stock had its "hold (c-)" rating reaffirmed by analysts at Weiss Ratings in a research note issued to investors on Wednesday,Weiss Ratings reports.

A number of other research firms also recently weighed in on PDFS. DA Davidson reaffirmed a "buy" rating and set a $24.00 price objective on shares of PDF Solutions in a report on Tuesday, September 23rd. Rosenblatt Securities reaffirmed a "buy" rating and set a $31.00 price objective on shares of PDF Solutions in a report on Tuesday, August 5th. Finally, Wall Street Zen downgraded PDF Solutions from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Three research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company. According to MarketBeat, PDF Solutions currently has an average rating of "Moderate Buy" and an average price target of $33.33.

PDF Solutions Stock Up 2.6%

NASDAQ PDFS opened at $26.08 on Wednesday. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.26. The stock's 50 day moving average is $21.69 and its two-hundred day moving average is $20.58. The company has a market capitalization of $1.03 billion, a price-to-earnings ratio of 1,304.65 and a beta of 1.54. PDF Solutions has a 1-year low of $15.91 and a 1-year high of $33.42.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Silverberg Bernstein Capital Management LLC boosted its holdings in shares of PDF Solutions by 9.6% in the 3rd quarter. Silverberg Bernstein Capital Management LLC now owns 458,783 shares of the technology company's stock worth $11,846,000 after acquiring an additional 40,000 shares in the last quarter. Ranger Investment Management L.P. boosted its holdings in shares of PDF Solutions by 19.2% in the 2nd quarter. Ranger Investment Management L.P. now owns 1,045,545 shares of the technology company's stock worth $22,354,000 after acquiring an additional 168,450 shares in the last quarter. State of Wyoming boosted its holdings in shares of PDF Solutions by 4.5% in the 2nd quarter. State of Wyoming now owns 15,447 shares of the technology company's stock worth $330,000 after acquiring an additional 668 shares in the last quarter. Public Sector Pension Investment Board boosted its holdings in shares of PDF Solutions by 8.6% in the 2nd quarter. Public Sector Pension Investment Board now owns 106,778 shares of the technology company's stock worth $2,283,000 after acquiring an additional 8,460 shares in the last quarter. Finally, Tower Research Capital LLC TRC boosted its holdings in shares of PDF Solutions by 257.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company's stock worth $73,000 after acquiring an additional 2,442 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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