Russell Investments Group Ltd. Boosts Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Russell Investments Group Ltd. raised its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 4.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 245,012 shares of the technology company’s stock after buying an additional 10,835 shares during the period. Russell Investments Group Ltd.’s holdings in PDF Solutions were worth $7,875,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in PDFS. Zurcher Kantonalbank Zurich Cantonalbank increased its holdings in PDF Solutions by 27.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,732 shares of the technology company’s stock worth $218,000 after acquiring an additional 1,453 shares in the last quarter. Advisor Partners II LLC boosted its position in shares of PDF Solutions by 33.0% in the third quarter. Advisor Partners II LLC now owns 6,953 shares of the technology company’s stock worth $225,000 after purchasing an additional 1,727 shares during the period. Inspire Investing LLC purchased a new stake in shares of PDF Solutions in the third quarter worth $308,000. Emerald Mutual Fund Advisers Trust raised its position in shares of PDF Solutions by 9.8% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 453,840 shares of the technology company’s stock valued at $14,704,000 after purchasing an additional 40,625 shares during the period. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of PDF Solutions by 4,998.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 86,677 shares of the technology company’s stock valued at $2,808,000 after buying an additional 84,977 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors.

PDF Solutions Price Performance

PDF Solutions stock opened at $32.34 on Wednesday. The firm’s 50 day moving average price is $32.59 and its 200-day moving average price is $31.63. PDF Solutions, Inc. has a 1 year low of $26.12 and a 1 year high of $48.02. The stock has a market cap of $1.24 billion, a P/E ratio of 462.00 and a beta of 1.48.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, February 15th. The technology company reported $0.04 EPS for the quarter, hitting the consensus estimate of $0.04. PDF Solutions had a net margin of 1.87% and a return on equity of 6.09%. The business had revenue of $41.13 million for the quarter, compared to analysts’ expectations of $41.00 million. As a group, equities analysts expect that PDF Solutions, Inc. will post 0.36 EPS for the current year.

Insider Buying and Selling

In other PDF Solutions news, Director Ye Jane Li sold 9,653 shares of the firm’s stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $33.27, for a total transaction of $321,155.31. Following the completion of the transaction, the director now owns 12,132 shares in the company, valued at approximately $403,631.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 11.21% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

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

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.