Rhumbline Advisers Sells 18,867 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Rhumbline Advisers lessened its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 18.1% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 85,435 shares of the technology company’s stock after selling 18,867 shares during the period. Rhumbline Advisers owned about 0.22% of PDF Solutions worth $1,633,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Pitcairn Co. increased its stake in shares of PDF Solutions by 3.1% during the fourth quarter. Pitcairn Co. now owns 13,000 shares of the technology company’s stock valued at $352,000 after buying an additional 390 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in PDF Solutions by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,712 shares of the technology company’s stock valued at $480,000 after acquiring an additional 642 shares in the last quarter. Swiss National Bank increased its position in PDF Solutions by 1.7% during 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 during the period. MetLife Investment Management LLC raised 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 worth $514,000 after purchasing an additional 1,173 shares in the last quarter. Finally, LPL Financial LLC lifted its position in shares of PDF Solutions by 13.2% in the 4th quarter. LPL Financial LLC now owns 10,101 shares of the technology company’s stock worth $274,000 after purchasing an additional 1,175 shares during the period. Institutional investors own 79.51% of the company’s stock.

Insider Buying and Selling at PDF Solutions

In related news, Director Michael B. Gustafson bought 7,500 shares of the company’s stock in a transaction on Tuesday, May 13th. The shares were acquired at an average cost of $19.45 per share, with a total value of $145,875.00. Following the completion of the acquisition, the director now owns 30,074 shares of the company’s stock, valued at $584,939.30. The trade was a 33.22% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 11.09% of the company’s stock.

PDF Solutions Trading Down 0.1%

Shares of NASDAQ PDFS opened at $20.17 on Wednesday. PDF Solutions, Inc. has a 1 year low of $15.91 and a 1 year high of $39.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.19 and a quick ratio of 2.19. The firm has a 50-day moving average of $18.76 and a 200 day moving average of $22.99. The stock has a market cap of $789.45 million, a P/E ratio of 672.56 and a beta of 1.43.

Analyst Ratings Changes

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

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.