2,246 Shares in PDF Solutions, Inc. (NASDAQ:PDFS) Acquired by Quest Partners LLC

Quest Partners LLC purchased a new position in PDF Solutions, Inc. (NASDAQ:PDFSFree Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 2,246 shares of the technology company’s stock, valued at approximately $72,000.

A number of other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. lifted its holdings in PDF Solutions by 13.7% in the 3rd quarter. Vanguard Group Inc. now owns 2,929,228 shares of the technology company’s stock worth $94,907,000 after purchasing an additional 353,236 shares in the last quarter. Assenagon Asset Management S.A. lifted its holdings in PDF Solutions by 76.0% in the 4th quarter. Assenagon Asset Management S.A. now owns 517,479 shares of the technology company’s stock worth $16,632,000 after purchasing an additional 223,376 shares in the last quarter. Ranger Investment Management L.P. lifted its holdings in PDF Solutions by 59.9% in the 3rd quarter. Ranger Investment Management L.P. now owns 516,257 shares of the technology company’s stock worth $16,727,000 after purchasing an additional 193,319 shares in the last quarter. Silverberg Bernstein Capital Management LLC purchased a new stake in shares of PDF Solutions during the 4th quarter worth approximately $9,854,000. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of PDF Solutions by 2.9% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 247,961 shares of the technology company’s stock worth $7,969,000 after acquiring an additional 6,999 shares in the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, CFO Adnan Raza sold 9,647 shares of the company’s stock in a transaction on Friday, May 17th. The shares were sold at an average price of $33.95, for a total value of $327,515.65. Following the sale, the chief financial officer now directly owns 48,218 shares of the company’s stock, valued at approximately $1,637,001.10. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 11.21% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PDFS. StockNews.com lowered PDF Solutions from a “buy” rating to a “hold” rating in a report on Friday, February 16th. Rosenblatt Securities reaffirmed a “buy” rating and set a $40.00 price objective on shares of PDF Solutions in a research note on Friday, May 10th. Finally, DA Davidson lifted their price target on shares of PDF Solutions from $40.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday.

Get Our Latest Analysis on PDFS

PDF Solutions Stock Up 0.0 %

NASDAQ PDFS opened at $35.89 on Thursday. The firm has a market cap of $1.38 billion, a PE ratio of 717.80 and a beta of 1.48. The company has a 50 day moving average price of $32.82 and a 200 day moving average price of $32.38. PDF Solutions, Inc. has a 52 week low of $26.12 and a 52 week high of $48.02.

PDF Solutions (NASDAQ:PDFSGet Free Report) last released its earnings results on Thursday, May 9th. The technology company reported $0.01 earnings per share for the quarter, missing the consensus estimate of $0.15 by ($0.14). The company had revenue of $41.31 million for the quarter, compared to analysts’ expectations of $41.20 million. PDF Solutions had a return on equity of 4.83% and a net margin of 1.42%. During the same period in the prior year, the firm posted $0.08 EPS. On average, equities research analysts anticipate that PDF Solutions, Inc. will post 0.34 earnings per share for the current fiscal year.

PDF Solutions Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for PDF Solutions (NASDAQ:PDFS)

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