Loomis Sayles & Co. L P Takes Position in PDF Solutions, Inc. $PDFS

Loomis Sayles & Co. L P acquired a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the second quarter, Holdings Channel reports. The institutional investor acquired 41,546 shares of the technology company’s stock, valued at approximately $888,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Needham Investment Management LLC increased its position in PDF Solutions by 2.6% during the 1st quarter. Needham Investment Management LLC now owns 1,865,000 shares of the technology company’s stock valued at $35,640,000 after purchasing an additional 47,500 shares during the period. William Blair Investment Management LLC lifted its position in shares of PDF Solutions by 5.4% in the 2nd quarter. William Blair Investment Management LLC now owns 1,187,083 shares of the technology company’s stock worth $25,380,000 after purchasing an additional 61,124 shares during the period. Emerald Advisers LLC boosted its stake in shares of PDF Solutions by 3.2% in the 2nd quarter. Emerald Advisers LLC now owns 954,361 shares of the technology company’s stock valued at $20,404,000 after purchasing an additional 29,583 shares during the last quarter. Geode Capital Management LLC increased its position in shares of PDF Solutions by 6.0% during the second quarter. Geode Capital Management LLC now owns 784,701 shares of the technology company’s stock worth $16,779,000 after buying an additional 44,641 shares during the period. Finally, Silverberg Bernstein Capital Management LLC increased its position in shares of PDF Solutions by 27.6% during the second quarter. Silverberg Bernstein Capital Management LLC now owns 418,783 shares of the technology company’s stock worth $8,954,000 after buying an additional 90,467 shares during the period. 79.51% of the stock is owned by institutional investors and hedge funds.

PDF Solutions Price Performance

PDFS stock opened at $28.02 on Wednesday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.37 and a quick ratio of 2.37. The company’s 50-day moving average is $26.74 and its 200-day moving average is $22.91. The stock has a market capitalization of $1.11 billion, a PE ratio of 1,401.70 and a beta of 1.56. PDF Solutions, Inc. has a 1 year low of $15.91 and a 1 year high of $32.37.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, November 6th. The technology company reported $0.25 EPS for the quarter, meeting analysts’ consensus estimates of $0.25. The business had revenue of $57.12 million during the quarter, compared to analyst estimates of $56.69 million. PDF Solutions had a return on equity of 4.22% and a net margin of 0.44%. Equities research analysts expect that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

Analyst Ratings Changes

PDFS has been the topic of a number of research analyst reports. DA Davidson raised shares of PDF Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a research report on Monday. Finally, Rosenblatt Securities raised their target price on PDF Solutions from $31.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $34.00.

About PDF Solutions

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.