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

Vanguard Group Inc. reduced its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 2.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,089,519 shares of the technology company’s stock after selling 65,100 shares during the quarter. Vanguard Group Inc. owned approximately 0.08% of PDF Solutions worth $88,144,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. ArrowMark Colorado Holdings LLC boosted its holdings in shares of PDF Solutions by 595.1% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company’s stock valued at $11,665,000 after buying an additional 386,788 shares during the period. Cannell Capital LLC acquired a new position in shares of PDF Solutions in the 3rd quarter valued at about $8,709,000. Roubaix Capital LLC acquired a new position in shares of PDF Solutions in the 3rd quarter valued at about $5,328,000. Squarepoint Ops LLC boosted its holdings in shares of PDF Solutions by 378.6% in the 3rd quarter. Squarepoint Ops LLC now owns 254,511 shares of the technology company’s stock valued at $6,571,000 after buying an additional 201,337 shares during the period. Finally, William Blair Investment Management LLC boosted its holdings in shares of PDF Solutions by 13.7% in the 3rd quarter. William Blair Investment Management LLC now owns 1,349,441 shares of the technology company’s stock valued at $34,843,000 after buying an additional 162,358 shares during the period. 79.51% of the stock is owned by institutional investors and hedge funds.

PDF Solutions Trading Up 1.2%

PDF Solutions stock opened at $51.57 on Thursday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.23. The firm has a 50-day moving average price of $38.51 and a two-hundred day moving average price of $33.05. The firm has a market capitalization of $2.06 billion, a price-to-earnings ratio of 286.52 and a beta of 1.70. PDF Solutions, Inc. has a 52-week low of $17.35 and a 52-week high of $56.46.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, May 7th. The technology company reported $0.31 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. The firm had revenue of $60.13 million during the quarter, compared to analyst estimates of $59.71 million. PDF Solutions had a net margin of 3.10% and a return on equity of 6.48%. Sell-side analysts expect that PDF Solutions, Inc. will post 0.63 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on PDFS shares. Weiss Ratings raised shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday. Rosenblatt Securities lifted their price target on shares of PDF Solutions from $47.00 to $52.00 and gave the company a “buy” rating in a report on Friday, May 8th. DA Davidson lifted their price target on shares of PDF Solutions from $40.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Finally, Wall Street Zen raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Sunday. Two research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $50.00.

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.