Emerald Advisers LLC Sells 82,553 Shares of PDF Solutions, Inc. $PDFS

Emerald Advisers LLC lessened its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 8.8% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 860,819 shares of the technology company’s stock after selling 82,553 shares during the quarter. Emerald Advisers LLC’s holdings in PDF Solutions were worth $28,157,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Divisar Capital Management LLC lifted its stake in PDF Solutions by 11.9% in the 3rd quarter. Divisar Capital Management LLC now owns 684,082 shares of the technology company’s stock worth $17,663,000 after purchasing an additional 72,695 shares in the last quarter. ArrowMark Colorado Holdings LLC grew its position 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 purchasing an additional 386,788 shares in the last quarter. FNY Investment Advisers LLC bought a new stake in shares of PDF Solutions in the third quarter worth about $428,000. Lisanti Capital Growth LLC bought a new stake in shares of PDF Solutions in the fourth quarter worth about $3,011,000. Finally, Legato Capital Management LLC increased its holdings in shares of PDF Solutions by 96.4% in the fourth quarter. Legato Capital Management LLC now owns 53,530 shares of the technology company’s stock worth $1,527,000 after purchasing an additional 26,268 shares during the last quarter. Institutional investors own 79.51% of the company’s stock.

Wall Street Analyst Weigh In

PDFS has been the subject of a number of research reports. Wall Street Zen raised PDF Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. DA Davidson reaffirmed a “buy” rating and issued a $56.00 price objective on shares of PDF Solutions in a research note on Monday, May 18th. Weiss Ratings raised PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Finally, Rosenblatt Securities increased their target price on PDF Solutions from $52.00 to $63.00 and gave the company a “buy” rating in a research report on Friday. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $59.50.

PDF Solutions Stock Down 4.9%

Shares of NASDAQ PDFS opened at $52.79 on Tuesday. The firm’s 50-day moving average price is $55.21 and its 200-day moving average price is $41.60. 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 stock has a market capitalization of $2.11 billion, a price-to-earnings ratio of 293.29 and a beta of 1.63. PDF Solutions, Inc. has a 12-month low of $18.12 and a 12-month high of $71.68.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, May 7th. The technology company reported $0.31 EPS for the quarter, topping the consensus estimate 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. On average, equities research analysts anticipate that PDF Solutions, Inc. will post 0.67 EPS 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.