PDF Solutions’ (PDFS) Outperform Rating Reiterated at Northland Securities

Northland Securities reiterated their outperform rating on shares of PDF Solutions (NASDAQ:PDFS) in a research note published on Tuesday morning,Benzinga reports. They currently have a $45.00 target price on the technology company’s stock.

Other equities analysts have also recently issued reports about the company. Rosenblatt Securities reissued a “buy” rating and set a $40.00 target price on shares of PDF Solutions in a research note on Friday, November 8th. StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Finally, DA Davidson reaffirmed a “buy” rating and set a $42.00 target price on shares of PDF Solutions in a research note on Wednesday, August 28th.

PDF Solutions Price Performance

NASDAQ PDFS opened at $28.76 on Tuesday. PDF Solutions has a 1 year low of $27.69 and a 1 year high of $39.70. The stock has a market capitalization of $1.12 billion, a PE ratio of 261.48 and a beta of 1.51. The business’s 50-day moving average is $30.25 and its 200 day moving average is $31.81.

Insider Buying and Selling

In other PDF Solutions news, insider Andrzej Strojwas sold 5,030 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $30.85, for a total value of $155,175.50. Following the sale, the insider now 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Nancy Erba sold 2,000 shares of the firm’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 transaction of $61,620.00. Following the transaction, the director now directly owns 13,739 shares of the company’s stock, valued at $423,298.59. This represents a 12.71 % decrease in their position. The disclosure for this sale can be found here. 11.13% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in the stock. Louisiana State Employees Retirement System increased its holdings in shares of PDF Solutions by 2.0% during the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock valued at $564,000 after acquiring an additional 300 shares in the last quarter. Bank of New York Mellon Corp increased its stake in PDF Solutions by 2.4% during the 2nd quarter. Bank of New York Mellon Corp now owns 241,651 shares of the technology company’s stock valued at $8,791,000 after purchasing an additional 5,640 shares in the last quarter. Kings Path Partners LLC purchased a new position in PDF Solutions in the second quarter worth about $1,295,000. nVerses Capital LLC bought a new position in shares of PDF Solutions in the second quarter worth approximately $25,000. Finally, Roubaix Capital LLC grew its holdings in shares of PDF Solutions by 3.9% during the second quarter. Roubaix Capital LLC now owns 101,983 shares of the technology company’s stock valued at $3,710,000 after buying an additional 3,865 shares during the last quarter. Hedge funds and other institutional investors 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.