PDF Solutions (NASDAQ:PDFS) Earns Outperform Rating from Northland Securities

PDF Solutions (NASDAQ:PDFS - Get Free Report)'s stock had its "outperform" rating reissued by equities researchers at Northland Securities in a research note issued to investors on Tuesday,Benzinga reports. They currently have a $45.00 price target on the technology company's stock. Northland Securities' price target points to a potential upside of 57.29% from the company's current price.

PDFS has been the topic of a number of other research reports. StockNews.com upgraded PDF Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday, November 12th. Rosenblatt Securities restated a "buy" rating and set a $40.00 price target on shares of PDF Solutions in a report on Friday, November 8th. Finally, DA Davidson reiterated a "buy" rating and set a $42.00 target price on shares of PDF Solutions in a research report on Wednesday, August 28th.

PDF Solutions Trading Up 0.2 %

PDF Solutions stock traded up $0.06 during mid-day trading on Tuesday, reaching $28.61. The company had a trading volume of 38,262 shares, compared to its average volume of 162,416. The business has a fifty day simple moving average of $30.29 and a 200 day simple moving average of $31.87. The company has a market cap of $1.11 billion, a P/E ratio of 260.11 and a beta of 1.51. PDF Solutions has a fifty-two week low of $27.69 and a fifty-two week high of $39.70.

Insider Activity

In other news, Director Nancy Erba sold 2,000 shares of the business's stock in a transaction that occurred on 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 owns 13,739 shares in the company, valued at approximately $423,298.59. The trade was a 12.71 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Andrzej Strojwas sold 5,030 shares of the company's stock in a transaction on Monday, December 16th. The shares were sold at an average price of $30.85, for a total transaction of $155,175.50. Following the completion of the sale, the insider now directly owns 94,717 shares in the company, valued at approximately $2,922,019.45. This represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.13% of the company's stock.

Hedge Funds Weigh In On PDF Solutions

Several hedge funds and other institutional investors have recently bought and sold shares of the company. nVerses Capital LLC bought a new position in shares of PDF Solutions in the 2nd quarter worth about $25,000. Meeder Asset Management Inc. bought a new stake in PDF Solutions in the third quarter worth approximately $37,000. GAMMA Investing LLC grew its position in shares of PDF Solutions by 77.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company's stock worth $54,000 after buying an additional 748 shares during the period. Nisa Investment Advisors LLC increased its stake 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 acquiring an additional 526 shares in the last quarter. Finally, Quest Partners LLC lifted its position in shares of PDF Solutions by 20,281.5% during the 2nd quarter. Quest Partners LLC now owns 5,503 shares of the technology company's stock valued at $200,000 after acquiring an additional 5,476 shares during the period. Institutional investors and hedge funds own 79.51% of the company's stock.

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.