Crown Advisors Management Inc. purchased a new stake in PDF Solutions, Inc. (NASDAQ:PDFS – Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 40,000 shares of the technology company’s stock, valued at approximately $2,832,000. PDF Solutions accounts for about 1.6% of Crown Advisors Management Inc.’s holdings, making the stock its 23rd biggest position. Crown Advisors Management Inc. owned 0.10% of PDF Solutions as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Hantz Financial Services Inc. raised its position in PDF Solutions by 122.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after purchasing an additional 615 shares in the last quarter. Bell Investment Advisors Inc bought a new stake in shares of PDF Solutions in the 2nd quarter valued at approximately $49,000. Tower Research Capital LLC TRC raised its holdings in shares of PDF Solutions by 257.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock worth $73,000 after buying an additional 2,442 shares in the last quarter. Kestra Advisory Services LLC bought a new position in shares of PDF Solutions during the 4th quarter worth approximately $82,000. Finally, Johnson Financial Group Inc. acquired a new stake in PDF Solutions in the 3rd quarter valued at $83,000. 79.51% of the stock is owned by institutional investors.
Insider Buying and Selling at PDF Solutions
In related news, Director Shuo Zhang sold 1,501 shares of PDF Solutions stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total value of $77,256.47. Following the completion of the transaction, the director directly owned 23,380 shares of the company’s stock, valued at $1,203,368.60. The trade was a 6.03% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Company insiders own 11.08% of the company’s stock.
PDF Solutions Price Performance
PDF Solutions (NASDAQ:PDFS – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The firm had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. As a group, sell-side analysts forecast that PDF Solutions, Inc. will post 0.7 earnings per share for the current fiscal year.
Analyst Ratings Changes
PDFS has been the topic of a number of analyst reports. Rosenblatt Securities reiterated a “buy” rating and issued a $63.00 price target on shares of PDF Solutions in a research report on Friday, August 7th. DA Davidson reissued a “buy” rating and set a $56.00 price objective on shares of PDF Solutions in a report on Monday, May 18th. Wells Fargo & Company started coverage on shares of PDF Solutions in a research note on Tuesday, August 4th. They issued an “equal weight” rating and a $50.00 target price on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of PDF Solutions in a report on Friday, August 7th. Finally, Sanford C. Bernstein initiated coverage on shares of PDF Solutions in a research report on Tuesday, August 11th. They set an “outperform” rating and a $65.00 target price for the company. Three 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. According to MarketBeat.com, PDF Solutions presently has an average rating of “Hold” and a consensus target price of $58.50.
View Our Latest Analysis on PDF Solutions
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.
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