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

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

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

PDF Solutions Stock Performance

Shares of PDFS stock traded down $0.43 during midday trading on Tuesday, reaching $32.83. 305,985 shares of the company were exchanged, compared to its average volume of 162,019. PDF Solutions has a 12 month low of $27.69 and a 12 month high of $39.70. The company has a market cap of $1.27 billion, a P/E ratio of 298.45 and a beta of 1.49. The company’s 50 day moving average price is $29.95 and its two-hundred day moving average price is $32.56.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. nVerses Capital LLC purchased a new position in shares of PDF Solutions in the second quarter worth approximately $25,000. GAMMA Investing LLC increased its position in shares of PDF Solutions by 98.0% in the second 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. Meeder Asset Management Inc. purchased a new position in shares of PDF Solutions in the third quarter worth approximately $37,000. Nisa Investment Advisors LLC increased its position in shares of PDF Solutions by 34.7% in the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock worth $65,000 after acquiring an additional 526 shares in the last quarter. Finally, Quest Partners LLC boosted its holdings in shares of 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.

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.