PDF Solutions, Inc. $PDFS Shares Sold by Deutsche Bank AG

Deutsche Bank AG lessened its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 2.4% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 107,257 shares of the technology company’s stock after selling 2,663 shares during the period. Deutsche Bank AG owned approximately 0.27% of PDF Solutions worth $2,050,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Charles Schwab Investment Management Inc. grew its holdings in PDF Solutions by 4.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 282,752 shares of the technology company’s stock valued at $5,403,000 after purchasing an additional 11,920 shares during the last quarter. Federated Hermes Inc. acquired a new stake in PDF Solutions in the first quarter valued at $290,000. Legato Capital Management LLC acquired a new stake in PDF Solutions in the first quarter valued at $361,000. Signaturefd LLC grew its holdings in PDF Solutions by 124.1% in the first quarter. Signaturefd LLC now owns 1,421 shares of the technology company’s stock valued at $27,000 after purchasing an additional 787 shares during the last quarter. Finally, New York State Common Retirement Fund grew its holdings in PDF Solutions by 206.0% in the first quarter. New York State Common Retirement Fund now owns 27,111 shares of the technology company’s stock valued at $518,000 after purchasing an additional 18,250 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Stock Performance

NASDAQ PDFS opened at $19.26 on Thursday. The business’s 50-day moving average price is $21.75 and its 200 day moving average price is $20.90. PDF Solutions, Inc. has a twelve month low of $15.91 and a twelve month high of $33.42. The company has a market capitalization of $760.64 million, a PE ratio of 963.48 and a beta of 1.40. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.26.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on PDFS shares. Wall Street Zen downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, July 26th. Rosenblatt Securities restated a “buy” rating and issued a $31.00 price objective on shares of PDF Solutions in a research report on Tuesday, August 5th. Finally, DA Davidson upgraded PDF Solutions to a “hold” rating in a research report on Monday. Two investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $33.33.

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.