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

Vanguard Group Inc. decreased its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 0.9% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,154,619 shares of the technology company’s stock after selling 29,081 shares during the period. Vanguard Group Inc. owned about 7.99% of PDF Solutions worth $81,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. PNC Financial Services Group Inc. raised its holdings in shares of PDF Solutions by 44.3% during the 3rd quarter. PNC Financial Services Group Inc. now owns 6,332 shares of the technology company’s stock worth $163,000 after acquiring an additional 1,943 shares during the period. Prescott Group Capital Management L.L.C. purchased a new stake in shares of PDF Solutions in the 3rd quarter valued at approximately $516,000. Public Sector Pension Investment Board lifted its stake in PDF Solutions by 16.8% during the third quarter. Public Sector Pension Investment Board now owns 124,673 shares of the technology company’s stock worth $3,219,000 after purchasing an additional 17,895 shares in the last quarter. Ranger Investment Management L.P. raised its stake in shares of PDF Solutions by 1.1% in the third quarter. Ranger Investment Management L.P. now owns 1,057,210 shares of the technology company’s stock valued at $27,297,000 after acquiring an additional 11,665 shares in the last quarter. Finally, UMB Bank n.a. boosted its holdings in PDF Solutions by 138.9% in the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after purchasing an additional 553 shares during the period. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

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

PDF Solutions Stock Performance

NASDAQ:PDFS opened at $32.47 on Friday. The company has a current ratio of 2.28, a quick ratio of 2.28 and a debt-to-equity ratio of 0.24. PDF Solutions, Inc. has a twelve month low of $15.91 and a twelve month high of $36.99. The company has a market capitalization of $1.30 billion, a P/E ratio of -1,623.50 and a beta of 1.55. The firm has a 50-day moving average price of $32.26 and a two-hundred day moving average price of $27.77.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.24 by $0.06. The company had revenue of $62.40 million for the quarter, compared to analyst estimates of $61.95 million. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. As a group, research analysts expect that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal 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.