Stock Worth Mentioning: What’s Propelling PDF Solutions, Inc. to Reach 52-Week High?

Stock Worth Mentioning: What's Propelling PDF Solutions, Inc. to Reach 52 Week High?

The stock of PDF Solutions, Inc. (NASDAQ:PDFS) hit a new 52-week high and has $35.68 target or 60.00% above today’s $22.30 share price. The 7 months bullish chart indicates low risk for the $769.98M company. The 1-year high was reported on Nov, 21 by Barchart.com. If the $35.68 price target is reached, the company will be worth $461.99 million more.
The 52-week high event is an important milestone for every stock because it shows very positive momentum and is time when buyers come in. During such notable technical setup, fundamental investors usually stay away and are careful shorting or selling the stock. About 109,257 shares traded hands. PDF Solutions, Inc. (NASDAQ:PDFS) has risen 65.31% since April 19, 2016 and is uptrending. It has outperformed by 61.45% the S&P500.

PDF Solutions, Inc. (NASDAQ:PDFS) Ratings Coverage

Out of 2 analysts covering PDF Solutions Inc (NASDAQ:PDFS), 1 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 50% are positive. PDF Solutions Inc has been the topic of 4 analyst reports since November 18, 2015 according to StockzIntelligence Inc. The stock of PDF Solutions, Inc. (NASDAQ:PDFS) has “Buy” rating given on Tuesday, February 23 by Craig Hallum. The company was downgraded on Friday, July 29 by Craig Hallum. As per Thursday, October 13, the company rating was maintained by DA Davidson.

According to Zacks Investment Research, “PDF Solutions, Inc.’s comprehensive technologies and services enable semiconductor companies to improve yield and performance of manufactured integrated circuits by providing infrastructure to integrate the design and manufacturing processes. They believe that their solutions can significantly improve a semiconductor company’s time to market, the rate at which yield improves and product profitability.”

Insitutional Activity: The institutional sentiment decreased to 0.94 in Q2 2016. Its down 0.34, from 1.28 in 2016Q1. The ratio dropped, as 7 funds sold all PDF Solutions, Inc. shares owned while 33 reduced positions. 15 funds bought stakes while 36 increased positions. They now own 22.29 million shares or 5.08% less from 23.49 million shares in 2016Q1.
Needham Investment Mngmt Ltd Liability Co reported 640,000 shares or 2.47% of all its holdings. Moreover, Swiss Retail Bank has 0% invested in PDF Solutions, Inc. (NASDAQ:PDFS) for 43,600 shares. Bank & Trust Of America Corporation De holds 0% or 852 shares in its portfolio. Falcon Point Capital Llc holds 1.8% or 745,381 shares in its portfolio. Vanguard Group Inc holds 1.03 million shares or 0% of its portfolio. Blackrock Llc last reported 0% of its portfolio in the stock. Menta Cap Ltd Liability Corp, a California-based fund reported 76,332 shares. Moreover, Zurcher Kantonalbank (Zurich Cantonalbank) has 0% invested in PDF Solutions, Inc. (NASDAQ:PDFS) for 1,465 shares. Sei Invests owns 4,465 shares or 0% of their US portfolio. Aqr Cap Mgmt Limited Liability Com holds 0% or 34,723 shares in its portfolio. Driehaus Limited Liability holds 20,616 shares or 0.01% of its portfolio. Great West Life Assurance Com Can, a Manitoba – Canada-based fund reported 2,624 shares. Tortoise Inv Mngmt Limited Liability last reported 0% of its portfolio in the stock. Moreover, State Street has 0% invested in PDF Solutions, Inc. (NASDAQ:PDFS) for 460,839 shares. Tower Research Cap (Trc) accumulated 1,681 shares or 0% of the stock.

Insider Transactions: Since May 27, 2016, the stock had 1 buying transaction, and 4 sales for $379,902 net activity. $87,095 worth of PDF Solutions, Inc. (NASDAQ:PDFS) was bought by HEINRICHS R STEPHEN. On Tuesday, November 8 the insider WALKER GREGORY C sold $123,646. HARTGRING CORNELIS sold $260,475 worth of stock or 15,631 shares.

PDFS Company Profile

PDF Solutions, Inc., incorporated on July 19, 2000, is a well-known provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers. The Company’s solutions combine software, test chips, an electrical wafer test system, methodologies and professional services. The Firm has developed solutions for yield simulation, analysis, loss detection, and improvement. The Company’s characterization vehicle infrastructure (CVi) enables clients to electrically characterize the manufacturing process, and establish fail-rate information needed to calibrate manufacturing yield models and prioritize yield improvement activities. The Company’s CVi includes Characterization Vehicle test chips, including creates of experiments and layout designs, and a parallel electrical functional and parametric-test system, which consists of hardware and software designed to provide an order-of-magnitude reduction in the time required to test the Company’s Characterization Vehicle test chips.

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