Deutsche Bank AG Increases Stock Position in PDF Solutions, Inc. (NASDAQ:PDFS)

Deutsche Bank AG raised its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 9.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 109,920 shares of the technology company’s stock after purchasing an additional 9,241 shares during the quarter. Deutsche Bank AG owned 0.28% of PDF Solutions worth $2,977,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently added to or reduced their stakes in the business. Pitcairn Co. boosted its holdings in PDF Solutions by 3.1% in the 4th quarter. Pitcairn Co. now owns 13,000 shares of the technology company’s stock valued at $352,000 after purchasing an additional 390 shares in the last quarter. KBC Group NV boosted its holdings in PDF Solutions by 91.6% in the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock valued at $54,000 after purchasing an additional 956 shares in the last quarter. Swiss National Bank boosted its holdings in PDF Solutions by 1.7% in the 4th quarter. Swiss National Bank now owns 61,000 shares of the technology company’s stock valued at $1,652,000 after purchasing an additional 1,000 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in PDF Solutions by 6.6% in the 4th quarter. MetLife Investment Management LLC now owns 18,994 shares of the technology company’s stock valued at $514,000 after purchasing an additional 1,173 shares in the last quarter. Finally, LPL Financial LLC boosted its holdings in PDF Solutions by 13.2% in the 4th quarter. LPL Financial LLC now owns 10,101 shares of the technology company’s stock valued at $274,000 after purchasing an additional 1,175 shares in the last quarter. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Price Performance

Shares of NASDAQ:PDFS opened at $18.84 on Thursday. The business’s 50 day simple moving average is $18.91 and its 200-day simple moving average is $24.61. The firm has a market capitalization of $737.38 million, a price-to-earnings ratio of 188.40 and a beta of 1.47. PDF Solutions, Inc. has a 12 month low of $15.91 and a 12 month high of $39.70.

Analysts Set New Price Targets

PDFS has been the subject of a number of research reports. StockNews.com downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a research report on Wednesday, May 14th. DA Davidson decreased their price target on PDF Solutions from $36.00 to $24.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, Rosenblatt Securities decreased their price target on PDF Solutions from $37.00 to $31.00 and set a “buy” rating on the stock in a research note on Monday, May 5th.

Insider Buying and Selling

In other PDF Solutions news, CEO John Kachig Kibarian purchased 34,356 shares of the business’s stock in a transaction on Monday, February 24th. The stock was bought at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the acquisition, the chief executive officer now owns 2,507,112 shares of the company’s stock, valued at approximately $57,162,153.60. The trade was a 1.39% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Michael B. Gustafson purchased 7,500 shares of the business’s stock in a transaction on Tuesday, May 13th. The stock was acquired at an average price of $19.45 per share, with a total value of $145,875.00. Following the completion of the acquisition, the director now directly owns 30,074 shares in the company, valued at $584,939.30. The trade was a 33.22% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 45,856 shares of company stock worth $1,021,432 in the last ninety days. Insiders own 11.09% of the company’s stock.

PDF Solutions Company 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.