AlphaOne Investment Services LLC purchased a new position in PDF Solutions, Inc. (NASDAQ:PDFS) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 79,300 shares of the technology company’s stock, valued at approximately $1,304,000. AlphaOne Investment Services LLC owned 0.25% of PDF Solutions at the end of the most recent quarter.

A number of other large investors have also modified their holdings of PDFS. FMR LLC increased its holdings in PDF Solutions by 196.6% in the 1st quarter. FMR LLC now owns 647,186 shares of the technology company’s stock worth $14,639,000 after buying an additional 428,986 shares during the period. State of Wisconsin Investment Board grew its stake in shares of PDF Solutions by 266.2% during the 2nd quarter. State of Wisconsin Investment Board now owns 227,478 shares of the technology company’s stock worth $3,742,000 after purchasing an additional 165,357 shares during the period. Russell Investments Group Ltd. grew its stake in shares of PDF Solutions by 23.0% during the 2nd quarter. Russell Investments Group Ltd. now owns 681,202 shares of the technology company’s stock worth $11,206,000 after purchasing an additional 127,162 shares during the period. Eaton Vance Management grew its stake in shares of PDF Solutions by 19.2% during the 2nd quarter. Eaton Vance Management now owns 633,145 shares of the technology company’s stock worth $10,415,000 after purchasing an additional 101,976 shares during the period. Finally, Gilder Gagnon Howe & Co. LLC grew its stake in shares of PDF Solutions by 6.3% during the 1st quarter. Gilder Gagnon Howe & Co. LLC now owns 1,627,953 shares of the technology company’s stock worth $36,824,000 after purchasing an additional 96,964 shares during the period. Institutional investors own 82.45% of the company’s stock.

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In other news, Director Lucio Lanza sold 60,000 shares of the business’s stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $15.00, for a total value of $900,000.00. Following the transaction, the director now owns 318,967 shares of the company’s stock, valued at $4,784,505. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders own 16.20% of the company’s stock.

Shares of PDF Solutions, Inc. (NASDAQ PDFS) traded down 2.21% during midday trading on Thursday, hitting $14.59. 26,936 shares of the stock were exchanged. The firm has a 50 day moving average of $15.24 and a 200-day moving average of $18.16. The company has a market cap of $471.74 million, a price-to-earnings ratio of 86.33 and a beta of 1.43. PDF Solutions, Inc. has a one year low of $14.11 and a one year high of $24.44.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, July 27th. The technology company reported $0.08 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.06. The business had revenue of $24.30 million for the quarter, compared to analyst estimates of $26.58 million. PDF Solutions had a return on equity of 2.78% and a net margin of 5.29%. The company’s revenue for the quarter was down 9.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.16 earnings per share. Equities analysts expect that PDF Solutions, Inc. will post $0.43 EPS for the current year.

A number of equities research analysts have recently commented on the stock. BidaskClub cut shares of PDF Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Northland Securities set a $22.00 price objective on shares of PDF Solutions and gave the stock a “hold” rating in a research note on Sunday, July 30th. Craig Hallum cut shares of PDF Solutions from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $22.00 to $18.00 in a research note on Friday, July 28th. Finally, ValuEngine cut shares of PDF Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, May 31st. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and one has given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $23.33.

PDF Solutions Profile

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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Institutional Ownership by Quarter for PDF Solutions (NASDAQ:PDFS)

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