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

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

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

PDF Solutions Price Performance

Shares of PDFS opened at $33.26 on Friday. The stock has a 50-day moving average of $29.91 and a 200-day moving average of $32.54. The company has a market cap of $1.29 billion, a PE ratio of 300.94 and a beta of 1.49. PDF Solutions has a one year low of $27.69 and a one year high of $39.70.

Institutional Investors Weigh In On PDF Solutions

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Louisiana State Employees Retirement System grew its position in shares of PDF Solutions by 2.0% during the 2nd quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock valued at $564,000 after purchasing an additional 300 shares in the last quarter. Texas Permanent School Fund Corp grew its position in shares of PDF Solutions by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 26,788 shares of the technology company’s stock valued at $902,000 after purchasing an additional 347 shares in the last quarter. GAMMA Investing LLC grew its position in shares of PDF Solutions by 98.0% during the 2nd 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. Dana Investment Advisors Inc. grew its position in shares of PDF Solutions by 0.9% during the 2nd quarter. Dana Investment Advisors Inc. now owns 54,664 shares of the technology company’s stock valued at $1,989,000 after purchasing an additional 491 shares in the last quarter. Finally, Nisa Investment Advisors LLC grew its position in shares of PDF Solutions by 34.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after purchasing an additional 526 shares in the last quarter. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Company Profile

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.