Kings Path Partners LLC Reduces Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Kings Path Partners LLC decreased its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 22.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 27,770 shares of the technology company’s stock after selling 7,820 shares during the quarter. Kings Path Partners LLC owned approximately 0.07% of PDF Solutions worth $752,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of PDFS. Barclays PLC increased its stake in shares of PDF Solutions by 388.4% in the 3rd quarter. Barclays PLC now owns 55,467 shares of the technology company’s stock worth $1,757,000 after purchasing an additional 44,111 shares in the last quarter. State Street Corp lifted its stake in PDF Solutions by 2.1% in the third quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock worth $36,357,000 after purchasing an additional 23,148 shares during the last quarter. Creative Planning purchased a new position in PDF Solutions in the 3rd quarter worth about $341,000. Emerald Advisers LLC increased its holdings in PDF Solutions by 2.2% during the 3rd quarter. Emerald Advisers LLC now owns 895,248 shares of the technology company’s stock worth $28,361,000 after purchasing an additional 19,673 shares during the period. Finally, Geode Capital Management LLC lifted its stake in PDF Solutions by 1.2% in the third quarter. Geode Capital Management LLC now owns 740,179 shares of the technology company’s stock worth $23,453,000 after acquiring an additional 9,098 shares during the period. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Performance

PDFS stock traded up $0.94 during midday trading on Monday, reaching $29.15. The stock had a trading volume of 44,643 shares, compared to its average volume of 83,349. PDF Solutions, Inc. has a 52-week low of $26.94 and a 52-week high of $39.70. The stock has a market cap of $1.13 billion, a PE ratio of 265.02 and a beta of 1.53. The firm has a fifty day simple moving average of $30.03 and a two-hundred day simple moving average of $31.45.

Analyst Ratings Changes

Several equities research analysts have recently commented on the stock. Northland Securities restated an “outperform” rating and issued a $45.00 price target on shares of PDF Solutions in a report on Tuesday, December 24th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 price objective on shares of PDF Solutions in a research report on Friday, November 8th. Finally, StockNews.com upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th.

Insider Buying and Selling at PDF Solutions

In other PDF Solutions news, Director Nancy Erba sold 2,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total value of $61,620.00. Following the completion of the transaction, the director now owns 13,739 shares in the company, valued at approximately $423,298.59. This represents a 12.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Andrzej Strojwas sold 5,030 shares of the firm’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $30.85, for a total value of $155,175.50. Following the sale, the insider now owns 94,717 shares in the company, valued at $2,922,019.45. This trade represents a 5.04 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 11.13% of the company’s stock.

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.