PDF Solutions Inc. (NASDAQ:PDFS)’s share price reached a new 52-week high during trading on Monday . The stock traded as high as $16.06 and last traded at $15.93, with a volume of 79,525 shares traded. The stock had previously closed at $15.79.

Separately, Zacks Investment Research upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research note on Thursday, June 30th.

The firm has a market capitalization of $496.03 million and a price-to-earnings ratio of 58.60. The company has a 50-day moving average of $14.35 and a 200-day moving average of $12.57.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings results on Thursday, April 28th. The company reported $0.17 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.17. During the same period last year, the firm posted $0.26 earnings per share. The business earned $25.08 million during the quarter, compared to analyst estimates of $25.14 million. The company’s quarterly revenue was down 6.5% on a year-over-year basis. Analysts forecast that PDF Solutions Inc. will post $0.77 EPS for the current year.

In other PDF Solutions news, Director R Stephen Heinrichs purchased 6,118 shares of the firm’s stock in a transaction dated Friday, May 27th. The stock was acquired at an average cost of $14.24 per share, with a total value of $87,120.32. Following the acquisition, the director now owns 19,187 shares of the company’s stock, valued at approximately $273,222.88. The purchase was disclosed in a filing with the SEC, which is accessible through this link.

A hedge fund recently raised its stake in PDF Solutions stock. Royce & Associates LLC boosted its stake in shares of PDF Solutions Inc. (NASDAQ:PDFS) by 108.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 457,700 shares of the company’s stock after buying an additional 237,700 shares during the period. Royce & Associates LLC owned 1.46% of PDF Solutions worth $4,961,000 at the end of the most recent quarter.

PDF Solutions, Inc is a 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.

Get Analysts' Upgrades and Downgrades Daily - Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.