M&T Bank Corp Has $257,000 Stake in PDF Solutions, Inc. (NASDAQ:PDFS)

M&T Bank Corp decreased its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 70.1% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 13,479 shares of the technology company’s stock after selling 31,539 shares during the quarter. M&T Bank Corp’s holdings in PDF Solutions were worth $257,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. GAMMA Investing LLC increased its holdings in shares of PDF Solutions by 100.8% during the 1st quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company’s stock worth $35,000 after purchasing an additional 931 shares during the period. Bank of America Corp DE increased its holdings in shares of PDF Solutions by 50.7% during the 4th quarter. Bank of America Corp DE now owns 90,851 shares of the technology company’s stock worth $2,460,000 after purchasing an additional 30,548 shares during the period. SG Americas Securities LLC increased its holdings in shares of PDF Solutions by 391.4% during the 1st quarter. SG Americas Securities LLC now owns 20,287 shares of the technology company’s stock worth $388,000 after purchasing an additional 16,159 shares during the period. Bridge City Capital LLC bought a new position in shares of PDF Solutions during the 1st quarter worth about $1,527,000. Finally, Emerald Advisers LLC increased its holdings in shares of PDF Solutions by 3.3% during the 4th quarter. Emerald Advisers LLC now owns 924,345 shares of the technology company’s stock worth $25,031,000 after purchasing an additional 29,097 shares during the period. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Up 0.3%

Shares of PDFS opened at $23.58 on Friday. The stock has a market cap of $922.92 million, a price-to-earnings ratio of 786.26 and a beta of 1.46. The company has a quick ratio of 2.19, a current ratio of 2.19 and a debt-to-equity ratio of 0.27. PDF Solutions, Inc. has a 12 month low of $15.91 and a 12 month high of $37.80. The company has a 50-day moving average price of $20.51 and a two-hundred day moving average price of $21.83.

Analyst Ratings Changes

Several research analysts have recently issued reports on PDFS shares. Rosenblatt Securities dropped their price objective on shares of PDF Solutions from $37.00 to $31.00 and set a “buy” rating on the stock in a report on Monday, May 5th. DA Davidson cut their price target on shares of 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 cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Wednesday, May 14th.

Insider Buying and Selling

In other news, Director Michael B. Gustafson acquired 7,500 shares of the firm’s stock in a transaction on 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 completion of the purchase, the director owned 30,074 shares of the company’s stock, valued at $584,939.30. This represents a 33.22% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 11.09% of the stock is currently owned by corporate insiders.

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.