Rosenblatt Securities Reaffirms Buy Rating for PDF Solutions (NASDAQ:PDFS)

Rosenblatt Securities restated their buy rating on shares of PDF Solutions (NASDAQ:PDFS) in a research report report published on Friday,Benzinga reports. Rosenblatt Securities currently has a $40.00 price target on the technology company’s stock.

Separately, DA Davidson restated a “buy” rating and issued a $42.00 price target on shares of PDF Solutions in a research report on Wednesday, August 28th.

PDF Solutions Price Performance

PDF Solutions stock opened at $33.26 on Friday. The stock has a market cap of $1.29 billion, a P/E ratio of 300.94 and a beta of 1.49. PDF Solutions has a 1 year low of $27.69 and a 1 year high of $39.70. The firm’s 50 day moving average price is $29.91 and its 200-day moving average price is $32.54.

Institutional Trading of PDF Solutions

A number of hedge funds have recently added to or reduced their stakes in the business. Louisiana State Employees Retirement System raised its holdings in PDF Solutions by 2.0% in the second 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. Texas Permanent School Fund Corp raised its holdings in PDF Solutions by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 26,788 shares of the technology company’s stock worth $902,000 after purchasing an additional 347 shares in the last quarter. GAMMA Investing LLC raised its holdings in PDF Solutions by 98.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock worth $35,000 after purchasing an additional 479 shares in the last quarter. Dana Investment Advisors Inc. raised its holdings in PDF Solutions by 0.9% in 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 in the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in PDF Solutions by 34.7% in the third 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 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.