PDF Solutions, Inc. $PDFS Shares Sold by Vanguard Group Inc.

Vanguard Group Inc. reduced its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 0.9% during the third quarter, HoldingsChannel reports. The firm owned 3,154,619 shares of the technology company’s stock after selling 29,081 shares during the quarter. Vanguard Group Inc. owned about 0.08% of PDF Solutions worth $81,452,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Acadian Asset Management LLC lifted its holdings in PDF Solutions by 24.9% in the 2nd quarter. Acadian Asset Management LLC now owns 211,161 shares of the technology company’s stock worth $4,500,000 after buying an additional 42,093 shares in the last quarter. Samjo Management LLC lifted its position in shares of PDF Solutions by 7.5% in the 2nd quarter. Samjo Management LLC now owns 935,794 shares of the technology company’s stock worth $20,007,000 after buying an additional 65,620 shares during the last quarter. Walleye Capital LLC acquired a new position in PDF Solutions in the second quarter valued at approximately $996,000. Rice Hall James & Associates LLC boosted its position in PDF Solutions by 74.8% during the 3rd quarter. Rice Hall James & Associates LLC now owns 160,263 shares of the technology company’s stock valued at $4,138,000 after purchasing an additional 68,574 shares during the period. Finally, Silverberg Bernstein Capital Management LLC increased its position in PDF Solutions by 9.6% in the third quarter. Silverberg Bernstein Capital Management LLC now owns 458,783 shares of the technology company’s stock worth $11,846,000 after buying an additional 40,000 shares during the period. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the company. DA Davidson increased their price objective on PDF Solutions from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Friday, February 27th. Weiss Ratings reiterated a “sell (d)” rating on shares of PDF Solutions in a report on Monday, December 29th. Rosenblatt Securities reissued a “buy” rating and set a $34.00 target price on shares of PDF Solutions in a report on Monday, February 9th. Finally, Wall Street Zen upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research report on Saturday, February 28th. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $37.00.

PDF Solutions Trading Down 1.9%

Shares of NASDAQ PDFS opened at $32.47 on Friday. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.24. PDF Solutions, Inc. has a 12 month low of $15.91 and a 12 month high of $36.99. The company has a market cap of $1.30 billion, a price-to-earnings ratio of -1,623.50 and a beta of 1.55. The business has a fifty day simple moving average of $32.26 and a 200-day simple moving average of $27.77.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, February 12th. The technology company reported $0.30 earnings per share (EPS) 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. Sell-side analysts predict that PDF Solutions, Inc. will post 0.32 EPS for the current year.

PDF Solutions Company 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.