Bridge City Capital LLC Sells 14,508 Shares of PDF Solutions, Inc. $PDFS

Bridge City Capital LLC lessened its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 12.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 102,324 shares of the technology company’s stock after selling 14,508 shares during the period. Bridge City Capital LLC’s holdings in PDF Solutions were worth $2,919,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GSA Capital Partners LLP bought a new position in shares of PDF Solutions during the third quarter valued at approximately $1,733,000. Divisar Capital Management LLC raised its holdings in shares of PDF Solutions by 11.9% during the third quarter. Divisar Capital Management LLC now owns 684,082 shares of the technology company’s stock valued at $17,663,000 after acquiring an additional 72,695 shares in the last quarter. William Blair Investment Management LLC raised its holdings in shares of PDF Solutions by 13.7% during the third quarter. William Blair Investment Management LLC now owns 1,349,441 shares of the technology company’s stock valued at $34,843,000 after acquiring an additional 162,358 shares in the last quarter. ArrowMark Colorado Holdings LLC raised its holdings in shares of PDF Solutions by 595.1% during the third quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company’s stock valued at $11,665,000 after acquiring an additional 386,788 shares in the last quarter. Finally, Cannell Capital LLC bought a new position in shares of PDF Solutions during the third quarter valued at approximately $8,709,000. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Price Performance

PDFS opened at $64.14 on Friday. The stock has a fifty day simple moving average of $46.43 and a two-hundred day simple moving average of $36.73. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.56 billion, a price-to-earnings ratio of 356.35 and a beta of 1.71. PDF Solutions, Inc. has a 12-month low of $18.12 and a 12-month high of $65.50.

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

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. DA Davidson restated a “buy” rating and set a $56.00 target price on shares of PDF Solutions in a report on Monday, May 18th. Rosenblatt Securities restated a “buy” rating and set a $52.00 target price on shares of PDF Solutions in a report on Tuesday, May 19th. Wall Street Zen downgraded PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday. Finally, Weiss Ratings upgraded PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $54.00.

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.