PDF Solutions’ (PDFS) “Hold (C-)” Rating Reaffirmed at Weiss Ratings

PDF Solutions (NASDAQ:PDFS)‘s stock had its “hold (c-)” rating reiterated by analysts at Weiss Ratings in a research note issued to investors on Saturday,Weiss Ratings reports.

PDFS has been the topic of several other research reports. DA Davidson reiterated a “buy” rating and issued a $24.00 price target on shares of PDF Solutions in a report on Tuesday, September 23rd. Wall Street Zen cut PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Finally, Rosenblatt Securities restated a “buy” rating and set a $31.00 target price on shares of PDF Solutions in a report on Tuesday, August 5th. Three equities research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, PDF Solutions presently has an average rating of “Moderate Buy” and an average price target of $33.33.

PDF Solutions Price Performance

PDF Solutions stock opened at $28.11 on Friday. The business’s 50-day simple moving average is $23.21 and its 200 day simple moving average is $21.30. The stock has a market cap of $1.11 billion, a price-to-earnings ratio of 1,406.20 and a beta of 1.54. PDF Solutions has a 12-month low of $15.91 and a 12-month high of $33.42. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.26.

Hedge Funds Weigh In On PDF Solutions

Several institutional investors have recently modified their holdings of PDFS. GAMMA Investing LLC lifted its stake in PDF Solutions by 100.8% in the 1st quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company’s stock valued at $35,000 after acquiring an additional 931 shares in the last quarter. Acadian Asset Management LLC lifted its stake in PDF Solutions by 328.7% in the 1st quarter. Acadian Asset Management LLC now owns 169,068 shares of the technology company’s stock valued at $3,221,000 after acquiring an additional 129,629 shares in the last quarter. New York State Common Retirement Fund lifted its stake in PDF Solutions by 206.0% in the 1st quarter. New York State Common Retirement Fund now owns 27,111 shares of the technology company’s stock valued at $518,000 after acquiring an additional 18,250 shares in the last quarter. Legato Capital Management LLC bought a new stake in PDF Solutions in the 1st quarter valued at approximately $361,000. Finally, Herald Investment Management Ltd lifted its stake in PDF Solutions by 166.7% in the 1st quarter. Herald Investment Management Ltd now owns 200,000 shares of the technology company’s stock valued at $3,822,000 after acquiring an additional 125,000 shares in the last quarter. Institutional investors own 79.51% of the company’s stock.

About PDF Solutions

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.