ArrowMark Colorado Holdings LLC lifted its holdings in PDF Solutions, Inc. (NASDAQ:PDFS – Free Report) by 595.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 451,788 shares of the technology company’s stock after acquiring an additional 386,788 shares during the quarter. ArrowMark Colorado Holdings LLC owned approximately 1.14% of PDF Solutions worth $11,665,000 at the end of the most recent reporting period.
Other large investors have also bought and sold shares of the company. UMB Bank n.a. raised its position in PDF Solutions by 138.9% in the 3rd quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after purchasing an additional 553 shares during the last quarter. Tower Research Capital LLC TRC grew its holdings in shares of PDF Solutions by 257.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock worth $73,000 after purchasing an additional 2,442 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of PDF Solutions during the third quarter worth $83,000. iSAM Funds UK Ltd acquired a new stake in shares of PDF Solutions in the third quarter valued at $100,000. Finally, Strs Ohio acquired a new stake in shares of PDF Solutions in the first quarter valued at $105,000. 79.51% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
Several research analysts recently issued reports on PDFS shares. Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a research report on Monday, December 29th. DA Davidson boosted their target price on shares of PDF Solutions from $38.00 to $40.00 and gave the stock a “buy” rating in a research note on Friday, February 27th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $34.00 target price on shares of PDF Solutions in a research report on Monday, February 9th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, PDF Solutions currently has an average rating of “Hold” and an average price target of $37.00.
PDF Solutions Stock Down 0.6%
NASDAQ PDFS opened at $31.77 on Monday. The stock has a market capitalization of $1.27 billion, a P/E ratio of -1,588.50 and a beta of 1.55. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $36.99. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.28 and a current ratio of 2.28. The stock has a fifty day moving average of $32.64 and a 200-day moving average of $28.42.
PDF Solutions (NASDAQ:PDFS – Get Free Report) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.06. The business had revenue of $62.40 million for the quarter, compared to analyst estimates of $61.95 million. PDF Solutions had a positive return on equity of 4.86% and a negative net margin of 0.29%. On average, equities research analysts forecast that PDF Solutions, Inc. will post 0.32 EPS for the current year.
About PDF Solutions
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.
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