Vanguard Group Inc. Cuts Stock Position in PDF Solutions, Inc. $PDFS

Vanguard Group Inc. lessened its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 3,089,519 shares of the technology company’s stock after selling 65,100 shares during the period. Vanguard Group Inc. owned about 7.82% of PDF Solutions worth $88,144,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the business. Clarus Group Inc. raised its stake in shares of PDF Solutions by 22.1% in the 4th quarter. Clarus Group Inc. now owns 10,553 shares of the technology company’s stock valued at $301,000 after acquiring an additional 1,910 shares during the period. CVA Family Office LLC acquired a new stake in PDF Solutions during the 4th quarter valued at $507,000. Silverberg Bernstein Capital Management LLC grew its holdings in PDF Solutions by 3.3% during the 4th quarter. Silverberg Bernstein Capital Management LLC now owns 473,883 shares of the technology company’s stock valued at $13,520,000 after purchasing an additional 15,100 shares in the last quarter. SG Americas Securities LLC grew its holdings in PDF Solutions by 36.1% during the 4th quarter. SG Americas Securities LLC now owns 18,959 shares of the technology company’s stock valued at $541,000 after purchasing an additional 5,026 shares in the last quarter. Finally, Assenagon Asset Management S.A. grew its holdings in PDF Solutions by 4.0% during the 4th quarter. Assenagon Asset Management S.A. now owns 21,329 shares of the technology company’s stock valued at $609,000 after purchasing an additional 826 shares in the last quarter. Hedge funds and other institutional investors own 79.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on PDFS shares. Rosenblatt Securities raised their price target on shares of PDF Solutions from $47.00 to $52.00 and gave the company a “buy” rating in a report on Friday, May 8th. Weiss Ratings raised shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday. Wall Street Zen raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Sunday. Finally, DA Davidson raised their price target on shares of PDF Solutions from $40.00 to $48.00 and gave the company a “buy” rating in a report on Wednesday, April 29th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $50.00.

PDF Solutions Price Performance

Shares of PDFS stock opened at $51.57 on Thursday. The firm has a market cap of $2.06 billion, a P/E ratio of 286.52 and a beta of 1.70. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.34 and a quick ratio of 2.34. PDF Solutions, Inc. has a 1-year low of $17.35 and a 1-year high of $56.46. The firm has a fifty day moving average of $38.51 and a two-hundred day moving average of $33.05.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.31 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.08. The company had revenue of $60.13 million during the quarter, compared to analyst estimates of $59.71 million. PDF Solutions had a net margin of 3.10% and a return on equity of 6.48%. As a group, research analysts anticipate that PDF Solutions, Inc. will post 0.63 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.