PDF Solutions (NASDAQ:PDFS) Given “Buy” Rating at DA Davidson

DA Davidson reaffirmed their buy rating on shares of PDF Solutions (NASDAQ:PDFS) in a research note published on Tuesday morning,Benzinga reports. They currently have a $36.00 price objective on the technology company’s stock.

PDFS has been the topic of several other reports. Weiss Ratings reiterated a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 29th. Rosenblatt Securities reaffirmed a “buy” rating and set a $34.00 price target on shares of PDF Solutions in a report on Monday. Two analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $35.00.

PDF Solutions Trading Up 0.2%

NASDAQ PDFS opened at $30.71 on Tuesday. The firm’s fifty day moving average price is $31.02 and its 200 day moving average price is $26.47. PDF Solutions has a 12 month low of $15.91 and a 12 month high of $36.99. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.21 and a quick ratio of 2.21. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of -3,071.00 and a beta of 1.55.

Institutional Investors Weigh In On PDF Solutions

A number of large investors have recently bought and sold shares of the stock. ArrowMark Colorado Holdings LLC raised its position in shares of PDF Solutions by 595.1% in the third quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company’s stock valued at $11,665,000 after buying an additional 386,788 shares during the last quarter. Cannell Capital LLC acquired a new position in shares of PDF Solutions in the 3rd quarter valued at $8,709,000. Roubaix Capital LLC acquired a new position in PDF Solutions in the third quarter valued at $5,328,000. Squarepoint Ops LLC increased its stake in PDF Solutions by 378.6% during the third quarter. Squarepoint Ops LLC now owns 254,511 shares of the technology company’s stock worth $6,571,000 after acquiring an additional 201,337 shares during the last quarter. Finally, Ranger Investment Management L.P. lifted its stake in shares of PDF Solutions by 19.2% in the 2nd quarter. Ranger Investment Management L.P. now owns 1,045,545 shares of the technology company’s stock valued at $22,354,000 after purchasing an additional 168,450 shares in the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

About PDF Solutions

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.