Northland Securities Reiterates “Outperform” Rating for PDF Solutions (NASDAQ:PDFS)

PDF Solutions (NASDAQ:PDFS)‘s stock had its “outperform” rating reissued by equities researchers at Northland Securities in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $45.00 price target on the technology company’s stock. Northland Securities’ price target suggests a potential upside of 57.29% from the company’s current price.

PDFS has been the topic of several other research reports. DA Davidson reaffirmed a “buy” rating and issued a $42.00 price target on shares of PDF Solutions in a report on Wednesday, August 28th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a research note on Friday, November 8th. Finally, StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th.

PDF Solutions Trading Up 0.2 %

Shares of PDFS stock traded up $0.06 during mid-day trading on Tuesday, reaching $28.61. The stock had a trading volume of 38,262 shares, compared to its average volume of 162,340. PDF Solutions has a 12-month low of $27.69 and a 12-month high of $39.70. The business has a 50-day simple moving average of $30.34 and a 200 day simple moving average of $31.91. The company has a market cap of $1.11 billion, a P/E ratio of 260.11 and a beta of 1.51.

Insider Activity at PDF Solutions

In other 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 transaction of $155,175.50. Following the completion of the transaction, the insider now owns 94,717 shares of the company’s stock, valued at $2,922,019.45. This represents a 5.04 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Nancy Erba sold 2,000 shares of the stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total transaction 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 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

Institutional investors and hedge funds have recently bought and sold shares of the stock. nVerses Capital LLC acquired a new stake in shares of PDF Solutions during the 2nd quarter worth $25,000. Meeder Asset Management Inc. acquired a new stake in PDF Solutions during the third quarter worth about $37,000. GAMMA Investing LLC raised its holdings in shares of PDF Solutions by 77.3% in the 3rd quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company’s stock worth $54,000 after purchasing an additional 748 shares during the period. Nisa Investment Advisors LLC raised its holdings 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 worth $65,000 after purchasing an additional 526 shares during the period. Finally, Quest Partners LLC lifted its stake in shares of PDF Solutions by 20,281.5% in the 2nd quarter. Quest Partners LLC now owns 5,503 shares of the technology company’s stock valued at $200,000 after purchasing an additional 5,476 shares in the last quarter. 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.