Panagora Asset Management Inc. Lowers Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Panagora Asset Management Inc. lowered its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 2.4% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 74,856 shares of the technology company’s stock after selling 1,813 shares during the period. Panagora Asset Management Inc. owned about 0.19% of PDF Solutions worth $2,723,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of PDFS. Yousif Capital Management LLC grew its holdings in PDF Solutions by 6.2% during the fourth quarter. Yousif Capital Management LLC now owns 16,114 shares of the technology company’s stock worth $518,000 after acquiring an additional 939 shares during the period. Russell Investments Group Ltd. increased its holdings in PDF Solutions by 4.6% in the 4th quarter. Russell Investments Group Ltd. now owns 245,012 shares of the technology company’s stock worth $7,875,000 after acquiring an additional 10,835 shares in the last quarter. Victory Capital Management Inc. raised its holdings in shares of PDF Solutions by 9.7% during the fourth quarter. Victory Capital Management Inc. now owns 40,106 shares of the technology company’s stock valued at $1,289,000 after acquiring an additional 3,562 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of PDF Solutions by 2.9% in the fourth 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 during the last quarter. Finally, BNP Paribas Financial Markets raised its stake in PDF Solutions by 8.6% in the 4th quarter. BNP Paribas Financial Markets now owns 54,742 shares of the technology company’s stock valued at $1,759,000 after purchasing an additional 4,348 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

Insider Activity

In related news, Director Shuo Zhang sold 5,500 shares of the stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $34.66, for a total transaction of $190,630.00. Following the transaction, the director now owns 10,381 shares of the company’s stock, valued at approximately $359,805.46. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 11.21% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on PDFS. DA Davidson reiterated a “buy” rating and issued a $42.00 price objective on shares of PDF Solutions in a report on Wednesday. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a report on Friday, May 10th.

PDF Solutions Trading Up 0.9 %

NASDAQ PDFS opened at $31.55 on Friday. PDF Solutions, Inc. has a 12 month low of $26.12 and a 12 month high of $39.70. The stock has a market capitalization of $1.21 billion, a P/E ratio of 631.00 and a beta of 1.52. The firm’s 50-day moving average is $33.98 and its two-hundred day moving average is $33.68. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.48 and a quick ratio of 3.48.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, August 8th. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03. PDF Solutions had a negative net margin of 1.67% and a positive return on equity of 2.78%. The firm had revenue of $41.66 million for the quarter, compared to analyst estimates of $41.60 million. On average, sell-side analysts anticipate that PDF Solutions, Inc. will post 0.36 earnings per share for the current year.

PDF Solutions Profile

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.