PDF Solutions, Inc. (NASDAQ:PDFS) Stake Increased by Fmr LLC

Fmr LLC increased its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 2.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 119,153 shares of the technology company’s stock after acquiring an additional 2,360 shares during the period. Fmr LLC owned about 0.31% of PDF Solutions worth $3,775,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. nVerses Capital LLC acquired a new position in PDF Solutions during the second quarter worth $25,000. Meeder Asset Management Inc. acquired a new position in PDF Solutions during the third quarter worth $37,000. GAMMA Investing LLC increased its position in PDF Solutions by 77.3% during the third quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company’s stock worth $54,000 after buying an additional 748 shares during the last quarter. Nisa Investment Advisors LLC increased its position in PDF Solutions by 34.7% during the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock worth $65,000 after buying an additional 526 shares during the last quarter. Finally, Quest Partners LLC increased its position in PDF Solutions by 20,281.5% during the second quarter. Quest Partners LLC now owns 5,503 shares of the technology company’s stock worth $200,000 after buying an additional 5,476 shares during the last quarter. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

PDF Solutions Price Performance

PDFS stock opened at $30.18 on Friday. The company has a 50 day moving average price of $30.47 and a 200 day moving average price of $32.21. PDF Solutions, Inc. has a fifty-two week low of $27.69 and a fifty-two week high of $39.70. The stock has a market capitalization of $1.17 billion, a PE ratio of 276.12 and a beta of 1.51.

Insiders Place Their Bets

In other news, Director Nancy Erba sold 2,000 shares of the business’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total value of $61,620.00. Following the completion of the transaction, the director now owns 13,739 shares of the company’s stock, valued at $423,298.59. The trade was a 12.71 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 11.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on the company. StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 price target on shares of PDF Solutions in a research report on Friday, November 8th. Finally, DA Davidson reaffirmed a “buy” rating and issued a $42.00 price target on shares of PDF Solutions in a research report on Wednesday, August 28th.

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.