PDF Solutions, Inc. $PDFS Stock Position Raised by Penn Capital Management Company LLC

Penn Capital Management Company LLC increased its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 916.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 203,136 shares of the technology company’s stock after acquiring an additional 183,160 shares during the quarter. Penn Capital Management Company LLC’s holdings in PDF Solutions were worth $14,394,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Hantz Financial Services Inc. boosted its stake in PDF Solutions by 122.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after acquiring an additional 615 shares during the period. Quantbot Technologies LP acquired a new stake in shares of PDF Solutions during the 2nd quarter worth approximately $33,000. Meeder Asset Management Inc. acquired a new stake in shares of PDF Solutions during the 2nd quarter worth approximately $44,000. Bell Investment Advisors Inc bought a new stake in shares of PDF Solutions in the 2nd quarter worth approximately $49,000. Finally, Tower Research Capital LLC TRC lifted its holdings in shares of PDF Solutions by 257.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock worth $73,000 after purchasing an additional 2,442 shares during the last quarter. Institutional investors own 79.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Wells Fargo & Company started coverage on PDF Solutions in a research note on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 price objective for the company. Rosenblatt Securities reissued a “buy” rating and set a $63.00 price target on shares of PDF Solutions in a report on Friday, August 7th. Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Weiss Ratings upgraded shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. Finally, Sanford C. Bernstein initiated coverage on shares of PDF Solutions in a report on Tuesday, August 11th. They issued an “outperform” rating and a $65.00 price objective on the stock. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, PDF Solutions currently has a consensus rating of “Moderate Buy” and an average target price of $63.00.

Insider Buying and Selling

In related news, Director Shuo Zhang sold 1,501 shares of the stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $51.47, for a total transaction of $77,256.47. Following the completion of the sale, the director directly owned 23,380 shares of the company’s stock, valued at $1,203,368.60. This represents a 6.03% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 11.08% of the stock is currently owned by corporate insiders.

PDF Solutions Price Performance

NASDAQ:PDFS opened at $44.81 on Friday. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.17. The business’s 50-day moving average price is $52.37 and its 200 day moving average price is $45.54. PDF Solutions, Inc. has a 52-week low of $18.93 and a 52-week high of $71.68. The firm has a market cap of $1.79 billion, a P/E ratio of 179.24 and a beta of 1.67.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $61.53 million during the quarter, compared to analyst estimates of $61.17 million. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. As a group, sell-side analysts predict that PDF Solutions, Inc. will post 0.77 earnings per share for the current fiscal year.

About PDF Solutions

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.