Squarepoint Ops LLC Sells 34,412 Shares of PDF Solutions, Inc. $PDFS

Squarepoint Ops LLC decreased its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 39.3% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 53,174 shares of the technology company’s stock after selling 34,412 shares during the period. Squarepoint Ops LLC owned about 0.13% of PDF Solutions worth $1,137,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Inspire Investing LLC lifted its stake in PDF Solutions by 2.9% during the 2nd quarter. Inspire Investing LLC now owns 18,465 shares of the technology company’s stock valued at $395,000 after acquiring an additional 525 shares in the last quarter. State of Wyoming grew its stake in shares of PDF Solutions by 4.5% in the 2nd quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock worth $330,000 after acquiring an additional 668 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of PDF Solutions by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock valued at $353,000 after purchasing an additional 753 shares during the last quarter. The Manufacturers Life Insurance Company lifted its position in shares of PDF Solutions by 5.3% during the second quarter. The Manufacturers Life Insurance Company now owns 16,883 shares of the technology company’s stock valued at $361,000 after purchasing an additional 844 shares in the last quarter. Finally, CWM LLC boosted its holdings in PDF Solutions by 94.4% during the second quarter. CWM LLC now owns 1,835 shares of the technology company’s stock worth $39,000 after purchasing an additional 891 shares during the last quarter. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Performance

Shares of PDFS opened at $27.95 on Friday. PDF Solutions, Inc. has a 1 year low of $15.91 and a 1 year high of $32.31. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.21 and a quick ratio of 2.21. The stock’s fifty day moving average price is $27.72 and its two-hundred day moving average price is $23.90. The firm has a market cap of $1.10 billion, a PE ratio of -2,795.00 and a beta of 1.56.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.25 earnings per share for the quarter, hitting the consensus estimate of $0.25. PDF Solutions had a positive return on equity of 4.28% and a negative net margin of 0.03%.The company had revenue of $57.12 million during the quarter, compared to the consensus estimate of $56.69 million. On average, equities research analysts forecast that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts have commented on PDFS shares. DA Davidson increased their price objective on shares of PDF Solutions from $34.00 to $36.00 and gave the company a “buy” rating in a research note on Friday, December 5th. Rosenblatt Securities upped their price objective on PDF Solutions from $31.00 to $33.00 and gave the company a “buy” rating in a research note on Thursday, October 30th. Finally, Weiss Ratings reiterated a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 15th. Three research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $38.00.

PDF Solutions Profile

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.