PDF Solutions’ (PDFS) “Outperform” Rating Reaffirmed at Northland Securities

Northland Securities reaffirmed their outperform rating on shares of PDF Solutions (NASDAQ:PDFS) in a report published on Tuesday,Benzinga reports. The firm currently has a $45.00 price target on the technology company’s stock.

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

PDF Solutions stock opened at $28.61 on Tuesday. PDF Solutions has a 12 month low of $27.69 and a 12 month high of $39.70. The stock has a market capitalization of $1.11 billion, a PE ratio of 260.11 and a beta of 1.51. The business has a 50 day simple moving average of $30.29 and a 200-day simple moving average of $31.87.

Insider Activity

In related news, insider Andrzej Strojwas sold 5,030 shares of the business’s stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $30.85, for a total value of $155,175.50. Following the completion of the sale, the insider now directly owns 94,717 shares of the company’s stock, valued at $2,922,019.45. The trade was a 5.04 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, Director Nancy Erba sold 2,000 shares of the stock in a transaction on Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total transaction of $61,620.00. Following the sale, the director now directly owns 13,739 shares in the company, valued at $423,298.59. This trade represents a 12.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 11.13% of the company’s stock.

Institutional Investors Weigh In On PDF Solutions

Large investors have recently made changes to their positions in the company. Franklin Resources Inc. boosted its stake in PDF Solutions by 8.9% during the third quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock valued at $394,000 after buying an additional 1,025 shares in the last quarter. Barclays PLC grew its stake in PDF Solutions by 388.4% during the 3rd quarter. Barclays PLC now owns 55,467 shares of the technology company’s stock valued at $1,757,000 after acquiring an additional 44,111 shares in the last quarter. Geode Capital Management LLC lifted its position in PDF Solutions by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 740,179 shares of the technology company’s stock worth $23,453,000 after buying an additional 9,098 shares in the last quarter. Jane Street Group LLC boosted its position in PDF Solutions by 13.3% during the third quarter. Jane Street Group LLC now owns 36,455 shares of the technology company’s stock valued at $1,155,000 after purchasing an additional 4,271 shares during the last quarter. Finally, State Street Corp increased its holdings in PDF Solutions by 2.1% in the third quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock worth $36,357,000 after buying an additional 23,148 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

About PDF Solutions

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.