PDF Solutions (NASDAQ:PDFS) Given Outperform Rating at Northland Securities

Northland Securities reiterated their outperform rating on shares of PDF Solutions (NASDAQ:PDFS) in a research note issued to investors on Tuesday,Benzinga reports. The firm currently has a $45.00 price objective on the technology company’s stock.

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

PDF Solutions Stock Performance

PDFS opened at $28.61 on Tuesday. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 260.11 and a beta of 1.51. PDF Solutions has a twelve month low of $27.69 and a twelve month high of $39.70. The firm’s 50-day simple moving average is $30.29 and its 200-day simple moving average is $31.87.

Insiders Place Their Bets

In related news, insider Andrzej Strojwas sold 5,030 shares of PDF Solutions stock in a transaction that occurred 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 sale, the insider now directly owns 94,717 shares in the company, valued at $2,922,019.45. This trade represents a 5.04 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Nancy Erba sold 2,000 shares of the firm’s stock in a transaction dated Wednesday, December 11th. The stock was 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 of the company’s stock, 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. Corporate insiders own 11.13% of the company’s stock.

Hedge Funds Weigh In On PDF Solutions

Large investors have recently modified their holdings of the company. Louisiana State Employees Retirement System grew its position in PDF Solutions by 2.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock worth $564,000 after purchasing an additional 300 shares in the last quarter. Dana Investment Advisors Inc. boosted its position in PDF Solutions by 0.9% during the second quarter. Dana Investment Advisors Inc. now owns 54,664 shares of the technology company’s stock worth $1,989,000 after purchasing an additional 491 shares during the period. Nisa Investment Advisors LLC grew its stake in 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 buying an additional 526 shares in the last quarter. nVerses Capital LLC bought a new stake in shares of PDF Solutions during the 2nd quarter valued at $25,000. Finally, The Manufacturers Life Insurance Company boosted its position in shares of PDF Solutions by 4.5% in the second quarter. The Manufacturers Life Insurance Company now owns 16,433 shares of the technology company’s stock valued at $598,000 after acquiring an additional 707 shares during the period. 79.51% of the stock is currently owned by 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.