Allspring Global Investments Holdings LLC Has $2.16 Million Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Allspring Global Investments Holdings LLC reduced its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 22.5% during the 4th quarter, Holdings Channel reports. The fund owned 67,198 shares of the technology company’s stock after selling 19,479 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in PDF Solutions were worth $2,160,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of PDFS. Wasatch Advisors Inc. acquired a new position in shares of PDF Solutions in the 1st quarter worth approximately $28,198,000. Vanguard Group Inc. lifted its holdings in PDF Solutions by 13.7% during the 3rd quarter. Vanguard Group Inc. now owns 2,929,228 shares of the technology company’s stock worth $94,907,000 after buying an additional 353,236 shares in the last quarter. Silverberg Bernstein Capital Management LLC acquired a new position in PDF Solutions during the 4th quarter worth $9,854,000. Millennium Management LLC lifted its holdings in PDF Solutions by 678.5% during the 4th quarter. Millennium Management LLC now owns 343,955 shares of the technology company’s stock worth $9,810,000 after buying an additional 299,776 shares in the last quarter. Finally, Assenagon Asset Management S.A. lifted its holdings in PDF Solutions by 76.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 517,479 shares of the technology company’s stock worth $16,632,000 after buying an additional 223,376 shares in the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

PDF Solutions Stock Performance

NASDAQ:PDFS opened at $29.56 on Monday. The stock’s fifty day moving average price is $33.38 and its two-hundred day moving average price is $31.65. PDF Solutions, Inc. has a 52-week low of $26.12 and a 52-week high of $48.02. The company has a market cap of $1.14 billion, a price-to-earnings ratio of 422.29 and a beta of 1.46.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, February 15th. The technology company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. The firm had revenue of $41.13 million for the quarter, compared to the consensus estimate of $41.00 million. PDF Solutions had a return on equity of 6.09% and a net margin of 1.87%. On average, equities analysts predict that PDF Solutions, Inc. will post 0.36 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, StockNews.com downgraded PDF Solutions from a “buy” rating to a “hold” rating in a report on Friday, February 16th.

Insider Activity

In other news, Director Ye Jane Li sold 9,653 shares of the stock in a transaction on Monday, February 26th. The stock was sold at an average price of $33.27, for a total value of $321,155.31. Following the transaction, the director now owns 12,132 shares of the company’s stock, valued at approximately $403,631.64. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 11.21% of the stock is currently owned by company insiders.

About PDF Solutions

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