PDF Solutions, Inc. (NASDAQ:PDFS – Get Free Report)’s share price hit a new 52-week high on Monday . The stock traded as high as $67.24 and last traded at $65.7140, with a volume of 3398 shares trading hands. The stock had previously closed at $64.14.
Analyst Ratings Changes
Several analysts have recently weighed in on the company. Weiss Ratings upgraded PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Rosenblatt Securities reissued a “buy” rating and set a $52.00 price target on shares of PDF Solutions in a research report on Tuesday, May 19th. Wall Street Zen lowered PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, DA Davidson reaffirmed a “buy” rating and issued a $56.00 target price on shares of PDF Solutions in a research report on Monday, May 18th. Two equities research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, PDF Solutions presently has an average rating of “Hold” and an average price target of $54.00.
Read Our Latest Research Report on PDF Solutions
PDF Solutions Price Performance
PDF Solutions (NASDAQ:PDFS – Get Free Report) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.31 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. PDF Solutions had a return on equity of 6.48% and a net margin of 3.10%.The company had revenue of $60.13 million during the quarter, compared to the consensus estimate of $59.71 million. As a group, equities research analysts expect that PDF Solutions, Inc. will post 0.67 EPS for the current year.
Institutional Trading of PDF Solutions
A number of hedge funds have recently modified their holdings of PDFS. Arete Wealth Advisors LLC bought a new position in shares of PDF Solutions during the 1st quarter worth approximately $985,000. Bank of America Corp DE raised its position in PDF Solutions by 7.4% in the 1st quarter. Bank of America Corp DE now owns 85,776 shares of the technology company’s stock valued at $2,806,000 after purchasing an additional 5,903 shares during the last quarter. Janus Henderson Group PLC raised its position in PDF Solutions by 13.5% in the 1st quarter. Janus Henderson Group PLC now owns 1,035,666 shares of the technology company’s stock valued at $33,877,000 after purchasing an additional 123,531 shares during the last quarter. Ranger Investment Management L.P. raised its position in PDF Solutions by 9.4% in the 1st quarter. Ranger Investment Management L.P. now owns 1,279,630 shares of the technology company’s stock valued at $41,857,000 after purchasing an additional 109,616 shares during the last quarter. Finally, The Manufacturers Life Insurance Company raised its position in shares of PDF Solutions by 44.9% during the first quarter. The Manufacturers Life Insurance Company now owns 14,197 shares of the technology company’s stock worth $464,000 after acquiring an additional 4,398 shares during the last quarter. Institutional investors 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.
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