Does This Provide a Reason to Sell PDF Solutions, Inc. (PDFS)? The Stock Has Formed Multiple Bottom Pattern

November 7, 2017 - By Adrian Erickson

Investors sentiment increased to 1.36 in 2017 Q2. Its up 0.19, from 1.17 in 2017Q1. It is positive, as 15 investors sold PDF Solutions, Inc. shares while 24 reduced holdings. 10 funds opened positions while 43 raised stakes. 24.97 million shares or 4.88% more from 23.81 million shares in 2017Q1 were reported.
Utd Services Automobile Association holds 112,800 shares. Susquehanna Group Limited Liability Partnership has 116,602 shares for 0% of their portfolio. Td Asset Mgmt Inc invested in 41,095 shares or 0% of the stock. Ameritas has 0% invested in PDF Solutions, Inc. (NASDAQ:PDFS) for 2,083 shares. Illinois-based Citadel Advsrs Ltd Liability Corp has invested 0% in PDF Solutions, Inc. (NASDAQ:PDFS). Alphaone Inv Limited Liability Corp invested in 79,300 shares or 0.35% of the stock. Aqr Cap Mngmt Limited Liability Corporation owns 0% invested in PDF Solutions, Inc. (NASDAQ:PDFS) for 30,394 shares. California State Teachers Retirement System owns 49,480 shares. Northern Corporation holds 0% in PDF Solutions, Inc. (NASDAQ:PDFS) or 375,563 shares. Geode Mngmt holds 229,297 shares. 17,315 were accumulated by Amer Gp Inc. Vanguard Gp Inc, Pennsylvania-based fund reported 1.18 million shares. Sei accumulated 11,469 shares. Renaissance Limited Liability Corporation holds 83,400 shares. Deutsche Commercial Bank Ag owns 122,778 shares or 0% of their US portfolio.

Since May 18, 2017, it had 0 insider purchases, and 3 selling transactions for $1.53 million activity.

The stock of PDF Solutions, Inc. (PDFS) shows a multiple bottoms pattern with $14.22 target or 9.00 % below today’s $15.63 share price. The 6 months chart pattern indicates high risk for the $505.37 million company. It was reported on Nov, 7 by If the $14.22 price target is reached, the company will be worth $45.48M less.
Multiple bottoms are very good trading chart patterns. These patterns have a low break even failure rate and decent average rise in a bull market, giving them a solid performance rank. Back-tests of such patterns show that the break even failure rate is 4%, the average rise: 37%, the throwback rate: 64% and the percentage of stocks meeting their price targets: 64%.

About 34,950 shares traded. PDF Solutions, Inc. (NASDAQ:PDFS) has risen 32.21% since November 7, 2016 and is uptrending. It has outperformed by 15.51% the S&P500.

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

Among 3 analysts covering PDF Solutions Inc (NASDAQ:PDFS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. PDF Solutions Inc has $30 highest and $17 lowest target. $23’s average target is 47.15% above currents $15.63 stock price. PDF Solutions Inc had 9 analyst reports since November 18, 2015 according to SRatingsIntel. The rating was downgraded by Craig Hallum on Friday, July 28 to “Hold”. Northland Capital upgraded the stock to “Outperform” rating in Tuesday, October 3 report. The stock of PDF Solutions, Inc. (NASDAQ:PDFS) has “Buy” rating given on Wednesday, July 12 by Craig Hallum. The stock of PDF Solutions, Inc. (NASDAQ:PDFS) earned “Buy” rating by Craig Hallum on Tuesday, February 23. The stock of PDF Solutions, Inc. (NASDAQ:PDFS) has “Hold” rating given on Friday, July 28 by Northland Capital. The firm earned “Buy” rating on Thursday, October 13 by DA Davidson. The firm has “Hold” rating by Craig Hallum given on Friday, July 29.

Another recent and important PDF Solutions, Inc. (NASDAQ:PDFS) news was published by which published an article titled: “PDF Solutions® Announces Third Fiscal Quarter 2017 Financial Results Release Date” on October 17, 2017.

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