PDF Solutions (NASDAQ:PDFS) Stock Rating Lowered by Wall Street Zen

Wall Street Zen cut shares of PDF Solutions (NASDAQ:PDFS) from a buy rating to a hold rating in a report published on Saturday.

A number of other analysts have also commented on the company. DA Davidson raised PDF Solutions to a “strong-buy” rating in a research note on Tuesday, July 22nd. Rosenblatt Securities decreased their price objective on shares of PDF Solutions from $37.00 to $31.00 and set a “buy” rating for the company in a report on Monday, May 5th.

PDF Solutions Price Performance

Shares of PDFS stock opened at $24.25 on Friday. The company has a debt-to-equity ratio of 0.27, a quick ratio of 2.19 and a current ratio of 2.19. PDF Solutions has a fifty-two week low of $15.91 and a fifty-two week high of $36.25. The firm has a market cap of $949.15 million, a P/E ratio of 808.60 and a beta of 1.46. The business’s 50 day moving average price is $21.02 and its 200-day moving average price is $21.57.

Insider Buying and Selling at PDF Solutions

In other news, Director Michael B. Gustafson bought 7,500 shares of the firm’s stock in a transaction dated Tuesday, May 13th. The stock was purchased at an average price of $19.45 per share, with a total value of $145,875.00. Following the transaction, the director owned 30,074 shares of the company’s stock, valued at approximately $584,939.30. The trade was a 33.22% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 11.09% of the company’s stock.

Institutional Investors Weigh In On PDF Solutions

Several hedge funds have recently made changes to their positions in PDFS. Signaturefd LLC grew its stake in PDF Solutions by 124.1% in the first quarter. Signaturefd LLC now owns 1,421 shares of the technology company’s stock worth $27,000 after purchasing an additional 787 shares during the period. GAMMA Investing LLC grew its position in shares of PDF Solutions by 100.8% in the 1st quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company’s stock worth $35,000 after buying an additional 931 shares during the period. CWM LLC grew its position in shares of PDF Solutions by 94.4% in the 2nd 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. Strs Ohio bought a new position in shares of PDF Solutions in the 1st quarter worth about $105,000. Finally, Aquatic Capital Management LLC purchased a new position in PDF Solutions during the 4th quarter valued at about $136,000. 79.51% of the stock is currently owned by institutional investors.

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.