Thomson Horstmann & Bryant Inc. Lowers Stake in PDF Solutions, Inc. (PDFS)
Thomson Horstmann & Bryant Inc. reduced its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 7.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 448,638 shares of the technology company’s stock after selling 37,070 shares during the period. PDF Solutions makes up 1.3% of Thomson Horstmann & Bryant Inc.’s investment portfolio, making the stock its 21st largest position. Thomson Horstmann & Bryant Inc. owned 1.40% of PDF Solutions worth $10,148,000 as of its most recent SEC filing.
A number of other hedge funds and other institutional investors also recently modified their holdings of PDFS. Gilder Gagnon Howe & Co. LLC raised its position in shares of PDF Solutions by 1,700.4% in the third quarter. Gilder Gagnon Howe & Co. LLC now owns 225,518 shares of the technology company’s stock valued at $4,098,000 after buying an additional 212,992 shares during the period. TD Asset Management Inc. raised its position in shares of PDF Solutions by 119.8% in the third quarter. TD Asset Management Inc. now owns 28,800 shares of the technology company’s stock valued at $523,000 after buying an additional 15,700 shares during the period. Victory Capital Management Inc. raised its position in shares of PDF Solutions by 127.8% in the third quarter. Victory Capital Management Inc. now owns 9,167 shares of the technology company’s stock valued at $167,000 after buying an additional 5,143 shares during the period. Sei Investments Co. raised its position in shares of PDF Solutions by 82.7% in the third quarter. Sei Investments Co. now owns 8,158 shares of the technology company’s stock valued at $148,000 after buying an additional 3,693 shares during the period. Finally, Russell Investments Group Ltd. bought a new position in shares of PDF Solutions during the fourth quarter valued at approximately $13,039,000. Institutional investors and hedge funds own 79.48% of the company’s stock.
Shares of PDF Solutions, Inc. (NASDAQ:PDFS) traded up 3.77% on Thursday, hitting $23.11. 135,722 shares of the company traded hands. The firm’s 50-day moving average is $22.06 and its 200 day moving average is $21.66. PDF Solutions, Inc. has a 1-year low of $12.12 and a 1-year high of $24.44. The firm has a market capitalization of $740.70 million, a P/E ratio of 82.54 and a beta of 1.57.
PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Monday, February 13th. The technology company reported $0.17 EPS for the quarter, hitting the Zacks’ consensus estimate of $0.17. The business earned $28.40 million during the quarter, compared to the consensus estimate of $28.33 million. PDF Solutions had a net margin of 8.46% and a return on equity of 5.71%. The firm’s revenue was up 17.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.18 earnings per share. On average, analysts anticipate that PDF Solutions, Inc. will post $0.75 earnings per share for the current fiscal year.
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Separately, Zacks Investment Research lowered shares of PDF Solutions from a “hold” rating to a “sell” rating in a report on Saturday, February 18th.
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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