Rhumbline Advisers Sells 45,425 Shares of PDF Solutions, Inc. $PDFS

Rhumbline Advisers decreased its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 34.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 86,918 shares of the technology company’s stock after selling 45,425 shares during the period. Rhumbline Advisers owned approximately 0.22% of PDF Solutions worth $2,244,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the company. Wasatch Advisors LP boosted its stake in PDF Solutions by 3.7% during the second quarter. Wasatch Advisors LP now owns 1,191,373 shares of the technology company’s stock valued at $25,472,000 after buying an additional 41,977 shares during the last quarter. Ranger Investment Management L.P. boosted its position in shares of PDF Solutions by 1.1% during the 3rd quarter. Ranger Investment Management L.P. now owns 1,057,210 shares of the technology company’s stock valued at $27,297,000 after acquiring an additional 11,665 shares during the last quarter. Samjo Management LLC grew its holdings in shares of PDF Solutions by 7.5% in the second quarter. Samjo Management LLC now owns 935,794 shares of the technology company’s stock valued at $20,007,000 after purchasing an additional 65,620 shares in the last quarter. Geode Capital Management LLC increased its position in PDF Solutions by 6.0% in the second quarter. Geode Capital Management LLC now owns 784,701 shares of the technology company’s stock worth $16,779,000 after purchasing an additional 44,641 shares during the last quarter. Finally, Emerald Mutual Fund Advisers Trust raised its stake in PDF Solutions by 2.3% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 594,610 shares of the technology company’s stock valued at $15,353,000 after purchasing an additional 13,200 shares in the last quarter. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

PDF Solutions Stock Down 0.5%

Shares of NASDAQ:PDFS opened at $33.78 on Friday. The firm has a market capitalization of $1.35 billion, a PE ratio of -1,689.00 and a beta of 1.55. The business has a 50 day simple moving average of $31.92 and a two-hundred day simple moving average of $27.40. PDF Solutions, Inc. has a 1 year low of $15.91 and a 1 year high of $36.99. The company has a debt-to-equity ratio of 0.24, a current ratio of 2.28 and a quick ratio of 2.21.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share for the quarter, topping the consensus estimate of $0.24 by $0.06. PDF Solutions had a positive return on equity of 4.86% and a negative net margin of 0.29%.The firm had revenue of $62.40 million for the quarter, compared to the consensus estimate of $61.95 million. On average, equities analysts predict that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have commented on PDFS. Rosenblatt Securities reissued a “buy” rating and issued a $34.00 price objective on shares of PDF Solutions in a research note on Monday, February 9th. Wall Street Zen upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research report on Saturday. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a research report on Monday, December 29th. Finally, DA Davidson raised their price objective on PDF Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Friday. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $37.00.

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.