PDF Solutions, Inc. $PDFS Shares Acquired by Wasatch Advisors LP

Wasatch Advisors LP lifted its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 171.9% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,380,739 shares of the technology company’s stock after buying an additional 873,002 shares during the quarter. Wasatch Advisors LP owned 3.46% of PDF Solutions worth $97,743,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Royal Bank of Canada boosted its holdings in PDF Solutions by 40.9% in the 1st quarter. Royal Bank of Canada now owns 19,092 shares of the technology company’s stock worth $365,000 after acquiring an additional 5,540 shares during the period. Amundi raised its stake in shares of PDF Solutions by 117,205.9% during the first quarter. Amundi now owns 19,942 shares of the technology company’s stock valued at $381,000 after purchasing an additional 19,925 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of PDF Solutions by 4.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock worth $353,000 after purchasing an additional 753 shares in the last quarter. Jane Street Group LLC boosted its stake in shares of PDF Solutions by 113.6% in the first quarter. Jane Street Group LLC now owns 60,883 shares of the technology company’s stock valued at $1,163,000 after purchasing an additional 32,383 shares during the period. Finally, Strs Ohio purchased a new position in shares of PDF Solutions in the first quarter valued at $105,000. 79.51% of the stock is owned by institutional investors and hedge funds.

PDF Solutions Trading Up 3.2%

PDFS opened at $49.15 on Wednesday. PDF Solutions, Inc. has a 12-month low of $18.56 and a 12-month high of $71.68. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.45 and a quick ratio of 3.45. The stock has a market capitalization of $1.96 billion, a PE ratio of 196.60 and a beta of 1.67. The firm’s fifty day moving average price is $55.74 and its 200 day moving average price is $44.22.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. The company had revenue of $61.53 million during the quarter, compared to analyst estimates of $61.17 million. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. As a group, research analysts expect that PDF Solutions, Inc. will post 0.69 EPS for the current fiscal year.

Analyst Ratings Changes

PDFS has been the topic of several analyst reports. DA Davidson reaffirmed a “buy” rating and set a $56.00 price target on shares of PDF Solutions in a research note on Monday, May 18th. Wall Street Zen cut shares of PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday. Sanford C. Bernstein started coverage on PDF Solutions in a research note on Tuesday. They set an “outperform” rating and a $65.00 target price for the company. Rosenblatt Securities reaffirmed a “buy” rating and set a $63.00 target price on shares of PDF Solutions in a research report on Friday, August 7th. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of PDF Solutions in a research note on Friday. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $58.50.

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.