Swiss National Bank Decreases Stake in PDF Solutions, Inc. $PDFS

Swiss National Bank lowered its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 1.5% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 60,100 shares of the technology company’s stock after selling 900 shares during the quarter. Swiss National Bank owned approximately 0.15% of PDF Solutions worth $1,149,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in PDFS. Signaturefd LLC raised its holdings in PDF Solutions by 124.1% during the first quarter. Signaturefd LLC now owns 1,421 shares of the technology company’s stock worth $27,000 after purchasing an additional 787 shares in the last quarter. GAMMA Investing LLC raised its holdings in PDF Solutions by 100.8% during the first quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company’s stock worth $35,000 after purchasing an additional 931 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in PDF Solutions during the fourth quarter worth approximately $136,000. ProShare Advisors LLC raised its holdings in PDF Solutions by 44.5% during the fourth quarter. ProShare Advisors LLC now owns 9,377 shares of the technology company’s stock worth $254,000 after purchasing an additional 2,887 shares in the last quarter. Finally, LPL Financial LLC raised its holdings in PDF Solutions by 13.2% during the fourth 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 in the last quarter. Hedge funds and other institutional investors own 79.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on PDFS. DA Davidson raised shares of PDF Solutions to a “hold” rating in a report on Monday, August 18th. Wall Street Zen cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, July 26th. Finally, Rosenblatt Securities restated a “buy” rating and set a $31.00 target price on shares of PDF Solutions in a research report on Tuesday, August 5th. Two research analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $33.33.

PDF Solutions Stock Down 1.9%

PDFS opened at $19.89 on Tuesday. The firm has a 50 day moving average price of $21.75 and a 200 day moving average price of $20.64. The company has a market cap of $785.46 million, a PE ratio of 995.00 and a beta of 1.40. PDF Solutions, Inc. has a 1 year low of $15.91 and a 1 year high of $33.42. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.37 and a current ratio of 2.37.

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.