Shares of PDF Solutions Inc. (NASDAQ:PDFS) hit a new 52-week high during trading on Monday . The stock traded as high as $16.76 and last traded at $16.60, with a volume of 145,583 shares. The stock had previously closed at $16.50.

PDFS has been the topic of several research analyst reports. Zacks Investment Research raised PDF Solutions from a “hold” rating to a “buy” rating and set a $15.00 price objective on the stock in a research note on Thursday, June 30th. Craig Hallum downgraded PDF Solutions from a “buy” rating to a “hold” rating and set a $17.00 price objective on the stock. in a research note on Friday.

The stock has a market cap of $529.17 million and a PE ratio of 62.90. The stock’s 50 day moving average is $14.58 and its 200-day moving average is $12.80.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, July 28th. The company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.18 by $0.01. The firm had revenue of $26.70 million for the quarter, compared to the consensus estimate of $25.66 million. During the same period in the previous year, the business earned $0.18 EPS. The business’s quarterly revenue was up 15.1% on a year-over-year basis. On average, analysts forecast that PDF Solutions Inc. will post $0.74 earnings per share for the current fiscal year.

In related news, Director R Stephen Heinrichs purchased 6,118 shares of the stock in a transaction dated Friday, May 27th. The stock was bought at an average cost of $14.24 per share, for a total transaction of $87,120.32. Following the completion of the acquisition, the director now owns 19,187 shares of the company’s stock, valued at $273,222.88. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link.

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

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.