Nationwide Fund Advisors lowered its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 8.5% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 15,767 shares of the technology company’s stock after selling 1,467 shares during the quarter. Nationwide Fund Advisors’ holdings in PDF Solutions were worth $259,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently bought and sold shares of the business. TIAA CREF Investment Management LLC lifted its position in shares of PDF Solutions by 3.4% during the 2nd quarter. TIAA CREF Investment Management LLC now owns 75,550 shares of the technology company’s stock worth $1,243,000 after buying an additional 2,495 shares in the last quarter. Teachers Advisors LLC lifted its position in shares of PDF Solutions by 11.8% during the 2nd quarter. Teachers Advisors LLC now owns 49,849 shares of the technology company’s stock worth $820,000 after buying an additional 5,259 shares in the last quarter. Alliancebernstein L.P. lifted its position in shares of PDF Solutions by 30.8% during the 2nd quarter. Alliancebernstein L.P. now owns 29,720 shares of the technology company’s stock worth $489,000 after buying an additional 7,000 shares in the last quarter. Wells Fargo & Company MN lifted its position in shares of PDF Solutions by 2.6% during the 2nd quarter. Wells Fargo & Company MN now owns 42,879 shares of the technology company’s stock worth $706,000 after buying an additional 1,084 shares in the last quarter. Finally, Eaton Vance Management lifted its position 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 buying an additional 101,976 shares in the last quarter. 82.39% of the stock is currently owned by hedge funds and other institutional investors.

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

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PDF Solutions, Inc. (NASDAQ:PDFS) opened at $15.79 on Monday. The company has a market cap of $504.45, a P/E ratio of 112.79, a price-to-earnings-growth ratio of 24.67 and a beta of 1.38. PDF Solutions, Inc. has a 1 year low of $14.11 and a 1 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 EPS for the quarter, missing analysts’ consensus estimates 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 return on equity of 2.10% and a net margin of 4.08%. The company’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the firm posted $0.17 EPS. equities analysts anticipate that PDF Solutions, Inc. will post 0.04 earnings per share for the current year.

Several research firms have commented on PDFS. Craig Hallum cut shares of PDF Solutions from a “buy” rating to a “hold” rating and dropped their target price for the stock from $22.00 to $18.00 in a research report on Friday, July 28th. Northland Securities set a $22.00 target price on shares of PDF Solutions and gave the stock a “hold” rating in a research report on Sunday, July 30th. Zacks Investment Research raised shares of PDF Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, BidaskClub cut shares of PDF Solutions from a “hold” rating to a “sell” rating in a research report on Wednesday, August 2nd. Three equities research analysts have rated the stock with a sell rating, one has assigned a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of “Hold” and an average target price of $20.00.

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

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