PDF Solutions’ (PDFS) Buy Rating Reiterated at Rosenblatt Securities

Rosenblatt Securities reaffirmed their buy rating on shares of PDF Solutions (NASDAQ:PDFS) in a research note released on Monday,Benzinga reports. The brokerage currently has a $34.00 price objective on the technology company’s stock.

A number of other research firms have also recently issued reports on PDFS. DA Davidson lifted their target price on shares of PDF Solutions from $34.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a report on Monday, December 29th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $35.00.

PDF Solutions Price Performance

PDFS opened at $32.52 on Monday. The stock has a fifty day moving average price of $31.09 and a 200 day moving average price of $26.51. The company has a current ratio of 2.21, a quick ratio of 2.21 and a debt-to-equity ratio of 0.25. PDF Solutions has a 1 year low of $15.91 and a 1 year high of $36.99. The stock has a market cap of $1.28 billion, a price-to-earnings ratio of -3,252.00 and a beta of 1.55.

Institutional Inflows and Outflows

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

PDF Solutions Company Profile

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.