PDF Solutions (NASDAQ:PDFS) Receives Buy Rating from Rosenblatt Securities

Rosenblatt Securities reissued their buy rating on shares of PDF Solutions (NASDAQ:PDFS) in a research note issued to investors on Monday,Benzinga reports. The brokerage currently has a $34.00 price target on the technology company’s stock.

A number of other equities research analysts have also issued reports on the stock. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 29th. DA Davidson boosted their price objective on PDF Solutions from $34.00 to $36.00 and gave the company a “buy” rating in a report on Friday, December 5th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $35.00.

PDF Solutions Stock Up 5.4%

PDFS stock opened at $30.64 on Monday. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.25. The firm has a 50 day simple moving average of $30.97 and a 200-day simple moving average of $26.42. The company has a market capitalization of $1.21 billion, a P/E ratio of -3,064.00 and a beta of 1.55. PDF Solutions has a twelve month low of $15.91 and a twelve month high of $36.99.

Hedge Funds Weigh In On PDF Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. UMB Bank n.a. lifted its holdings in shares of PDF Solutions by 138.9% in the 3rd quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock worth $25,000 after purchasing an additional 553 shares during the last quarter. Hantz Financial Services Inc. grew its stake in PDF Solutions by 122.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after buying an additional 615 shares during the last quarter. CWM LLC increased its position in PDF Solutions by 94.4% in the second quarter. CWM LLC now owns 1,835 shares of the technology company’s stock worth $39,000 after buying an additional 891 shares during the period. Tower Research Capital LLC TRC lifted its stake in PDF Solutions by 257.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after buying an additional 2,442 shares during the last quarter. Finally, Johnson Financial Group Inc. acquired a new position in shares of PDF Solutions during the third quarter valued at $83,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

PDF Solutions Company Profile

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.