PDF Solutions, Inc. (PDFS) Position Boosted by TD Asset Management Inc.
TD Asset Management Inc. boosted its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 22.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 41,095 shares of the technology company’s stock after buying an additional 7,595 shares during the period. TD Asset Management Inc. owned 0.13% of PDF Solutions worth $676,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the stock. Sei Investments Co. raised its position in PDF Solutions by 4.4% in the first quarter. Sei Investments Co. now owns 8,800 shares of the technology company’s stock worth $199,000 after buying an additional 372 shares in the last quarter. Bank of America Corp DE raised its position in PDF Solutions by 9.8% in the first quarter. Bank of America Corp DE now owns 9,373 shares of the technology company’s stock worth $212,000 after buying an additional 833 shares in the last quarter. Teachers Advisors LLC raised its position in PDF Solutions by 2.6% in the fourth quarter. Teachers Advisors LLC now owns 43,488 shares of the technology company’s stock worth $981,000 after buying an additional 1,088 shares in the last quarter. American International Group Inc. raised its position in PDF Solutions by 7.1% in the first quarter. American International Group Inc. now owns 16,643 shares of the technology company’s stock worth $376,000 after buying an additional 1,099 shares in the last quarter. Finally, Victory Capital Management Inc. raised its position in PDF Solutions by 20.6% in the first quarter. Victory Capital Management Inc. now owns 11,137 shares of the technology company’s stock worth $252,000 after buying an additional 1,902 shares in the last quarter. 82.45% of the stock is currently owned by institutional investors.
PDF Solutions, Inc. (PDFS) opened at 14.72 on Wednesday. PDF Solutions, Inc. has a 12 month low of $14.11 and a 12 month high of $24.44. The company’s 50-day moving average is $16.84 and its 200-day moving average is $19.01. The company has a market cap of $475.94 million, a price-to-earnings ratio of 87.10 and a beta of 1.49.
PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, July 27th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.02 by $0.06. The firm had revenue of $24.30 million for the quarter, compared to analyst estimates of $26.58 million. PDF Solutions had a return on equity of 2.78% and a net margin of 5.29%. The business’s revenue was down 9.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.16 earnings per share. On average, equities research analysts anticipate that PDF Solutions, Inc. will post $0.44 earnings per share for the current year.
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A number of research firms have recently commented on PDFS. Craig Hallum raised shares of PDF Solutions from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Wednesday, July 12th. BidaskClub lowered shares of PDF Solutions from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Northland Securities set a $22.00 price target on shares of PDF Solutions and gave the company a “hold” rating in a research report on Sunday, July 30th. Finally, ValuEngine lowered shares of PDF Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, May 31st. Three equities research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $23.33.
In related news, Director Lucio Lanza sold 45,000 shares of the business’s stock in a transaction on Friday, June 9th. The stock was sold at an average price of $17.57, for a total transaction of $790,650.00. Following the sale, the director now directly owns 423,967 shares in the company, valued at approximately $7,449,100.19. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 16.20% of the company’s stock.
About PDF Solutions
PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.
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