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

PDF Solutions (NASDAQ:PDFS)‘s stock had its “outperform” rating restated by equities researchers at Northland Securities in a report issued on Tuesday,Benzinga reports. They currently have a $45.00 price target on the technology company’s stock. Northland Securities’ target price would suggest a potential upside of 57.29% from the stock’s previous close.

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

PDF Solutions Trading Up 0.2 %

PDFS traded up $0.06 on Tuesday, hitting $28.61. 38,262 shares of the company were exchanged, compared to its average volume of 162,340. The firm has a 50-day moving average price of $30.34 and a two-hundred day moving average price of $31.91. PDF Solutions has a twelve month low of $27.69 and a twelve month high of $39.70. The company has a market cap of $1.11 billion, a price-to-earnings ratio of 260.11 and a beta of 1.51.

Insider Activity at PDF Solutions

In other PDF Solutions news, Director Nancy Erba sold 2,000 shares of the firm’s stock in a transaction 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 approximately $423,298.59. This trade represents a 12.71 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, insider Andrzej Strojwas sold 5,030 shares of PDF Solutions stock in a transaction 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 completion of the transaction, 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 disclosure for this sale can be found here. Insiders own 11.13% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Needham Investment Management LLC boosted its stake in shares of PDF Solutions by 32.3% in the third quarter. Needham Investment Management LLC now owns 1,759,550 shares of the technology company’s stock valued at $55,743,000 after buying an additional 429,550 shares in the last quarter. Janus Henderson Group PLC boosted its position in shares of PDF Solutions by 16.7% during the 3rd quarter. Janus Henderson Group PLC now owns 658,547 shares of the technology company’s stock worth $20,863,000 after purchasing an additional 94,154 shares in the last quarter. William Blair Investment Management LLC grew its stake in shares of PDF Solutions by 13.9% during the 2nd quarter. William Blair Investment Management LLC now owns 743,635 shares of the technology company’s stock worth $27,053,000 after purchasing an additional 90,789 shares during the period. Herald Investment Management Ltd purchased a new position in shares of PDF Solutions in the 2nd quarter valued at about $2,725,000. Finally, Divisar Capital Management LLC boosted its holdings in PDF Solutions by 9.1% during the second quarter. Divisar Capital Management LLC now owns 595,583 shares of the technology company’s stock worth $21,667,000 after buying an additional 49,762 shares in the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

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.