PDF Solutions, Inc. $PDFS Stake Raised by William Blair Investment Management LLC

William Blair Investment Management LLC raised its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 13.7% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,349,441 shares of the technology company’s stock after purchasing an additional 162,358 shares during the period. William Blair Investment Management LLC’s holdings in PDF Solutions were worth $34,843,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Ranger Investment Management L.P. increased its stake in PDF Solutions by 19.2% in the 2nd quarter. Ranger Investment Management L.P. now owns 1,045,545 shares of the technology company’s stock valued at $22,354,000 after buying an additional 168,450 shares during the period. Kent Lake PR LLC acquired a new position in shares of PDF Solutions in the second quarter worth $3,041,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of PDF Solutions by 36.4% during the second quarter. Connor Clark & Lunn Investment Management Ltd. now owns 341,227 shares of the technology company’s stock worth $7,295,000 after acquiring an additional 91,068 shares in the last quarter. Qube Research & Technologies Ltd boosted its position in PDF Solutions by 79.0% during the second quarter. Qube Research & Technologies Ltd now owns 156,759 shares of the technology company’s stock valued at $3,352,000 after purchasing an additional 69,187 shares during the last quarter. Finally, Rice Hall James & Associates LLC boosted its position in PDF Solutions by 74.8% during the third quarter. Rice Hall James & Associates LLC now owns 160,263 shares of the technology company’s stock valued at $4,138,000 after purchasing an additional 68,574 shares during the last quarter. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

PDFS has been the topic of several research reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $34.00 target price on shares of PDF Solutions in a research report on Monday, February 9th. Weiss Ratings reissued a “sell (d)” rating on shares of PDF Solutions in a research note on Monday, December 29th. Wall Street Zen raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Saturday. Finally, DA Davidson lifted their target price on shares of PDF Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a research note on Friday. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, PDF Solutions currently has an average rating of “Hold” and an average price target of $37.00.

PDF Solutions Stock Performance

Shares of NASDAQ PDFS opened at $33.78 on Monday. The business’s 50-day simple moving average is $31.92 and its 200-day simple moving average is $27.50. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.28 and a current ratio of 2.28. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $36.99. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of -1,689.00 and a beta of 1.55.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, February 12th. The technology company reported $0.30 EPS for the quarter, topping the consensus estimate of $0.24 by $0.06. PDF Solutions had a negative net margin of 0.29% and a positive return on equity of 4.86%. The firm had revenue of $62.40 million for the quarter, compared to the consensus estimate of $61.95 million. As a group, equities research analysts expect that PDF Solutions, Inc. will post 0.32 earnings per share 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.