Wasatch Advisors LP Decreases Position in PDF Solutions, Inc. $PDFS

Wasatch Advisors LP lessened its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 2.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 507,737 shares of the technology company’s stock after selling 14,583 shares during the period. Wasatch Advisors LP’s holdings in PDF Solutions were worth $16,608,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in the company. William Blair Investment Management LLC increased its position in shares of PDF Solutions by 0.7% during the fourth quarter. William Blair Investment Management LLC now owns 1,358,481 shares of the technology company’s stock valued at $38,757,000 after acquiring an additional 9,040 shares in the last quarter. State Street Corp lifted its position in PDF Solutions by 0.5% in the 4th quarter. State Street Corp now owns 1,151,576 shares of the technology company’s stock valued at $32,854,000 after acquiring an additional 5,619 shares in the last quarter. Samjo Management LLC boosted its stake in PDF Solutions by 2.7% during the 4th quarter. Samjo Management LLC now owns 1,151,019 shares of the technology company’s stock valued at $32,839,000 after purchasing an additional 30,300 shares during the last quarter. Snyder Capital Management L P boosted its stake in PDF Solutions by 19.4% during the 4th quarter. Snyder Capital Management L P now owns 955,435 shares of the technology company’s stock valued at $27,259,000 after purchasing an additional 155,078 shares during the last quarter. Finally, Janus Henderson Group PLC increased its holdings in shares of PDF Solutions by 16.4% in the 4th quarter. Janus Henderson Group PLC now owns 912,135 shares of the technology company’s stock worth $26,023,000 after purchasing an additional 128,270 shares in the last quarter. Hedge funds and other institutional investors own 79.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on PDFS. DA Davidson reaffirmed a “buy” rating and set a $56.00 price target on shares of PDF Solutions in a report on Monday, May 18th. Wall Street Zen upgraded PDF Solutions from a “hold” rating to a “buy” rating in a report on Saturday. Rosenblatt Securities reissued a “buy” rating and issued a $52.00 target price on shares of PDF Solutions in a research report on Tuesday, May 19th. Finally, Weiss Ratings upgraded shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $54.00.

PDF Solutions Price Performance

Shares of PDFS opened at $63.01 on Friday. The firm has a fifty day simple moving average of $51.70 and a two-hundred day simple moving average of $39.27. The firm has a market cap of $2.52 billion, a PE ratio of 350.08 and a beta of 1.71. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.23. PDF Solutions, Inc. has a 1-year low of $18.12 and a 1-year high of $68.76.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.23 by $0.08. The company had revenue of $60.13 million during the quarter, compared to analyst estimates of $59.71 million. PDF Solutions had a return on equity of 6.48% and a net margin of 3.10%. On average, equities analysts anticipate that PDF Solutions, Inc. will post 0.67 EPS for the current year.

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.