Wasatch Advisors LP Reduces Stock Holdings in PDF Solutions, Inc. $PDFS

Wasatch Advisors LP lowered its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 2.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 507,737 shares of the technology company’s stock after selling 14,583 shares during the period. Wasatch Advisors LP owned 1.27% of PDF Solutions worth $16,608,000 at the end of the most recent reporting period.

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

Analysts Set New Price Targets

Several research analysts have recently issued reports on PDFS shares. Weiss Ratings raised PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. DA Davidson restated a “buy” rating and set a $56.00 price target on shares of PDF Solutions in a research report on Monday, May 18th. Wall Street Zen raised PDF Solutions from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $52.00 price objective on shares of PDF Solutions in a report on Tuesday, May 19th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, PDF Solutions has a consensus rating of “Hold” and an average price target of $54.00.

PDF Solutions Stock Performance

Shares of PDFS opened at $63.01 on Friday. 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 business’s 50 day moving average price is $51.70 and its 200-day moving average price is $39.27. PDF Solutions, Inc. has a 52 week low of $18.12 and a 52 week high of $68.76. The stock has a market cap of $2.52 billion, a P/E ratio of 350.08 and a beta of 1.71.

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

About PDF Solutions

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.