Bamco Inc. NY Takes $2.56 Million Position in PDF Solutions, Inc. (PDFS)
Bamco Inc. NY bought a new stake in PDF Solutions, Inc. (NASDAQ:PDFS) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 165,500 shares of the technology company’s stock, valued at approximately $2,564,000. Bamco Inc. NY owned about 0.52% of PDF Solutions as of its most recent filing with the SEC.
A number of other institutional investors have also recently made changes to their positions in PDFS. FMR LLC raised its position in PDF Solutions by 154.7% in the 2nd quarter. FMR LLC now owns 1,648,594 shares of the technology company’s stock valued at $27,119,000 after buying an additional 1,001,408 shares during the last quarter. Divisar Capital Management LLC grew its stake in PDF Solutions by 97.9% in the second quarter. Divisar Capital Management LLC now owns 821,968 shares of the technology company’s stock valued at $13,521,000 after purchasing an additional 406,621 shares in the last quarter. Cowen Prime Services LLC grew its stake in PDF Solutions by 15.9% in the third quarter. Cowen Prime Services LLC now owns 1,295,900 shares of the technology company’s stock valued at $20,073,000 after purchasing an additional 177,717 shares in the last quarter. State of Wisconsin Investment Board grew its stake in PDF Solutions by 266.2% in the second quarter. State of Wisconsin Investment Board now owns 227,478 shares of the technology company’s stock valued at $3,742,000 after purchasing an additional 165,357 shares in the last quarter. Finally, Royce & Associates LP grew its stake in PDF Solutions by 41.3% in the third quarter. Royce & Associates LP now owns 384,000 shares of the technology company’s stock valued at $5,948,000 after purchasing an additional 112,200 shares in the last quarter. 86.40% of the stock is currently owned by institutional investors and hedge funds.
PDF Solutions, Inc. (NASDAQ:PDFS) opened at $16.69 on Friday. The firm has a market capitalization of $519.47, a P/E ratio of 116.14, a price-to-earnings-growth ratio of 25.41 and a beta of 1.47. PDF Solutions, Inc. has a one year low of $14.11 and a one year high of $24.44.
PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings results on Thursday, October 26th. The technology company reported $0.11 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.01). The company had revenue of $26.50 million during the quarter, compared to the consensus estimate of $26.67 million. PDF Solutions had a net margin of 4.08% and a return on equity of 2.10%. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.17 earnings per share. equities analysts forecast that PDF Solutions, Inc. will post 0.04 EPS for the current fiscal year.
PDFS has been the subject of a number of analyst reports. ValuEngine upgraded PDF Solutions from a “sell” rating to a “hold” rating in a research note on Saturday, November 25th. Zacks Investment Research upgraded PDF Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, October 3rd. Finally, Northland Securities upgraded PDF Solutions from a “market perform” rating to an “outperform” rating and set a $22.00 price target for the company in a research note on Tuesday, October 3rd. Two analysts have rated the stock with a sell rating, two have issued a hold rating and one has given a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price of $20.00.
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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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