PDF Solutions (NASDAQ:PDFS) Stock Price Passes Above 200-Day Moving Average of $24.60

PDF Solutions, Inc. (NASDAQ:PDFSGet Rating) passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $24.60 and traded as high as $25.24. PDF Solutions shares last traded at $24.70, with a volume of 81,411 shares traded.

Analysts Set New Price Targets

Separately, StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, May 24th.

PDF Solutions Stock Performance

The business’s 50 day moving average price is $25.98 and its two-hundred day moving average price is $24.60. The company has a market capitalization of $920.74 million, a price-to-earnings ratio of -63.33 and a beta of 1.47.

Institutional Trading of PDF Solutions

A number of institutional investors have recently made changes to their positions in the stock. Comerica Bank lifted its stake in PDF Solutions by 1.5% during the second quarter. Comerica Bank now owns 25,192 shares of the technology company’s stock valued at $585,000 after purchasing an additional 370 shares during the last quarter. Public Sector Pension Investment Board lifted its stake in PDF Solutions by 0.7% during the fourth quarter. Public Sector Pension Investment Board now owns 60,852 shares of the technology company’s stock valued at $1,934,000 after purchasing an additional 430 shares during the last quarter. Hsbc Holdings PLC lifted its stake in PDF Solutions by 6.8% during the first quarter. Hsbc Holdings PLC now owns 8,711 shares of the technology company’s stock valued at $245,000 after purchasing an additional 556 shares during the last quarter. Legal & General Group Plc lifted its stake in PDF Solutions by 1.3% during the second quarter. Legal & General Group Plc now owns 73,301 shares of the technology company’s stock valued at $1,575,000 after purchasing an additional 926 shares during the last quarter. Finally, Captrust Financial Advisors lifted its stake in PDF Solutions by 73.7% during the first quarter. Captrust Financial Advisors now owns 2,217 shares of the technology company’s stock valued at $62,000 after purchasing an additional 941 shares during the last quarter. 69.98% of the stock is owned by institutional investors and hedge funds.

About PDF Solutions

(Get Rating)

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, Taiwan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that stores 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 offers data collection and analysis capabilities; and Assembly Operations that provides device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.

Recommended Stories

Receive News & Ratings for PDF Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDF Solutions and related companies with MarketBeat.com's FREE daily email newsletter.