Two Sigma Investments LP Takes $332,000 Position in PDF Solutions, Inc. (NASDAQ:PDFS)

Two Sigma Investments LP purchased a new stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 12,254 shares of the technology company’s stock, valued at approximately $332,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Needham Investment Management LLC increased its holdings in PDF Solutions by 3.3% in the 4th quarter. Needham Investment Management LLC now owns 1,817,500 shares of the technology company’s stock worth $49,218,000 after buying an additional 57,950 shares in the last quarter. William Blair Investment Management LLC increased its holdings in PDF Solutions by 17.9% in the 4th quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company’s stock worth $28,802,000 after buying an additional 161,306 shares in the last quarter. Emerald Advisers LLC increased its holdings in PDF Solutions by 3.3% in the 4th quarter. Emerald Advisers LLC now owns 924,345 shares of the technology company’s stock worth $25,031,000 after buying an additional 29,097 shares in the last quarter. Dimensional Fund Advisors LP increased its holdings in PDF Solutions by 3.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 910,314 shares of the technology company’s stock worth $24,652,000 after buying an additional 34,575 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in PDF Solutions by 14.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 418,693 shares of the technology company’s stock worth $11,338,000 after buying an additional 53,037 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, Director Michael B. Gustafson acquired 7,500 shares of the stock in a transaction dated Tuesday, May 13th. The shares were purchased at an average cost of $19.45 per share, with a total value of $145,875.00. Following the transaction, the director now directly owns 30,074 shares in the company, valued at approximately $584,939.30. This represents a 33.22% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 11.09% of the company’s stock.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS opened at $20.20 on Wednesday. The stock has a market capitalization of $790.61 million, a price-to-earnings ratio of 202.00 and a beta of 1.43. The stock’s 50-day simple moving average is $18.47 and its two-hundred day simple moving average is $23.36. PDF Solutions, Inc. has a 52-week low of $15.91 and a 52-week high of $39.70.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the company. Wall Street Zen downgraded PDF Solutions from a “buy” rating to a “hold” rating in a report on Wednesday, May 14th. Rosenblatt Securities reduced their price objective on PDF Solutions from $37.00 to $31.00 and set a “buy” rating for the company in a report on Monday, May 5th. Finally, DA Davidson reduced their price objective on PDF Solutions from $36.00 to $24.00 and set a “buy” rating for the company in a report on Monday, April 14th.

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.