DA Davidson reiterated its buy recommendation for shares of PDF Solutions (NASDAQ:PDFS – Free Report) in a report published Wednesday morning, Benzinga reports. DA Davidson currently has a price target of $42.00 on the technology company’s stock.
Separately, Rosenblatt Securities reiterated a buy rating and set a $40.00 price target on shares of PDF Solutions in a research report on Friday, May 10.
Check out our latest analysis on PDF solutions
PDF Solutions shares down 1.5%
PDFS stock opened at $30.89 on Wednesday. PDF Solutions has a twelve month low of $26.12 and a twelve month high of $39.70. The company has a liquidity of 3.48, a quick ratio of 3.48 and a debt-to-equity ratio of 0.01. The company has a market cap of $1.19 billion, a P/E ratio of 617.80 and a beta of 1.52. The company has a 50-day moving average of $34.15 and a 200-day moving average of $33.71.
Insider buying and selling
In related news, Director Shuo Zhang sold 5,500 shares of the company’s stock on Monday, June 3. The shares were sold at an average price of $34.66, for a total transaction of $190,630.00. Following the transaction, the director now directly owns 10,381 shares of the company’s stock, valued at $359,805.46. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 11.21% of the shares are currently owned by company insiders.
Institutional investors comment on PDF Solutions
Several hedge funds have recently added to or reduced their stakes in PDFS. nVerses Capital LLC acquired a new stake in PDF Solutions in the second quarter valued at $25,000. NBC Securities Inc. acquired a new stake in PDF Solutions in the fourth quarter valued at $26,000. GAMMA Investing LLC increased its stake in PDF Solutions by 98.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock valued at $35,000 after purchasing an additional 479 shares in the last quarter. Quest Partners LLC acquired a new stake in PDF Solutions in the fourth quarter valued at $72,000. Finally, ProShare Advisors LLC acquired a new stake in PDF Solutions in the first quarter valued at $210,000. 79.51% of the shares are currently owned by institutional investors.
PDF Solutions Company Profile
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PDF Solutions, Inc. provides proprietary software and physical intellectual property for integrated circuit designs, hardware tools for electrical measurements, best practices and professional services in the United States, China, Japan and worldwide. The company offers Exensio software products such as Manufacturing Analytics, which stores captured data in a common environment with a consistent view to enable product engineers to identify and analyze production yield, performance, reliability and other issues; Process Control, which provides defect detection and classification capabilities to monitor, alert and control manufacturing tool sets; Test Operations, which provides data collection and analysis capabilities; and Assembly Operations, which provides equipment manufacturers the ability to link assembly and packaging data, including manufacturing and characterization data, across the entire product lifecycle.
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