Northland Securities Reiterates Outperform Rating for PDF Solutions (NASDAQ:PDFS)

PDF Solutions (NASDAQ:PDFS)‘s stock had its “outperform” rating reissued by investment analysts at Northland Securities in a research report issued to clients and investors on Tuesday,Benzinga reports. They currently have a $45.00 target price on the technology company’s stock. Northland Securities’ target price points to a potential upside of 57.29% from the company’s current price.

Several other equities analysts have also recently weighed in on PDFS. Rosenblatt Securities reaffirmed a “buy” rating and set a $40.00 price target on shares of PDF Solutions in a research note on Friday, November 8th. StockNews.com raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Finally, DA Davidson restated a “buy” rating and issued a $42.00 price objective on shares of PDF Solutions in a report on Wednesday, August 28th.

PDF Solutions Price Performance

Shares of PDF Solutions stock opened at $28.61 on Tuesday. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 260.11 and a beta of 1.51. The stock’s 50-day moving average is $30.27 and its 200-day moving average is $31.83. PDF Solutions has a one year low of $27.69 and a one year high of $39.70.

Insiders Place Their Bets

In other news, insider Andrzej Strojwas sold 5,030 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $30.85, for a total transaction of $155,175.50. Following the completion of the sale, the insider now owns 94,717 shares in the company, valued at approximately $2,922,019.45. This trade represents a 5.04 % decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Nancy Erba sold 2,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total transaction of $61,620.00. Following the completion of the transaction, the director now owns 13,739 shares in the company, valued at approximately $423,298.59. This trade represents a 12.71 % decrease in their position. The disclosure for this sale can be found here. Insiders own 11.13% of the company’s stock.

Institutional Investors Weigh In On PDF Solutions

A number of institutional investors have recently made changes to their positions in the company. Franklin Resources Inc. increased its stake in shares of PDF Solutions by 8.9% during the third quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock worth $394,000 after purchasing an additional 1,025 shares during the period. Barclays PLC boosted its stake in shares of PDF Solutions by 388.4% in the 3rd quarter. Barclays PLC now owns 55,467 shares of the technology company’s stock valued at $1,757,000 after purchasing an additional 44,111 shares during the last quarter. Geode Capital Management LLC grew its holdings in PDF Solutions by 1.2% during the 3rd quarter. Geode Capital Management LLC now owns 740,179 shares of the technology company’s stock worth $23,453,000 after acquiring an additional 9,098 shares during the period. Jane Street Group LLC lifted its stake in PDF Solutions by 13.3% in the third quarter. Jane Street Group LLC now owns 36,455 shares of the technology company’s stock valued at $1,155,000 after buying an additional 4,271 shares during the period. Finally, State Street Corp boosted its stake in PDF Solutions by 2.1% during the third quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock worth $36,357,000 after acquiring an additional 23,148 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.