Wasatch Advisors LP Boosts Stock Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Wasatch Advisors LP increased its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 12.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,287,236 shares of the technology company’s stock after acquiring an additional 141,752 shares during the quarter. Wasatch Advisors LP’s holdings in PDF Solutions were worth $41,372,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Ranger Investment Management L.P. boosted its position in PDF Solutions by 49.1% during the 4th quarter. Ranger Investment Management L.P. now owns 769,650 shares of the technology company’s stock valued at $24,737,000 after buying an additional 253,393 shares during the period. Campbell & CO Investment Adviser LLC lifted its stake in shares of PDF Solutions by 28.5% in the fourth quarter. Campbell & CO Investment Adviser LLC now owns 16,503 shares of the technology company’s stock worth $530,000 after buying an additional 3,663 shares in the last quarter. Evoke Wealth LLC purchased a new stake in PDF Solutions during the 4th quarter valued at $267,000. Quest Partners LLC bought a new stake in PDF Solutions in the 4th quarter worth about $72,000. Finally, Trexquant Investment LP lifted its position in PDF Solutions by 40.0% during the fourth quarter. Trexquant Investment LP now owns 66,817 shares of the technology company’s stock valued at $2,147,000 after purchasing an additional 19,080 shares during the period. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Price Performance

NASDAQ PDFS traded down $0.32 during trading on Tuesday, reaching $33.87. 1,853 shares of the company’s stock traded hands, compared to its average volume of 165,872. The company’s 50 day simple moving average is $33.04 and its two-hundred day simple moving average is $32.63. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 683.80 and a beta of 1.51. PDF Solutions, Inc. has a 12-month low of $26.12 and a 12-month high of $48.02.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings data on Thursday, May 9th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.14). PDF Solutions had a net margin of 1.42% and a return on equity of 4.83%. The company had revenue of $41.31 million for the quarter, compared to analyst estimates of $41.20 million. During the same quarter last year, the company earned $0.08 EPS. Research analysts expect that PDF Solutions, Inc. will post 0.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several analysts recently issued reports on PDFS shares. Rosenblatt Securities restated a “buy” rating and set a $40.00 target price on shares of PDF Solutions in a research report on Friday, May 10th. DA Davidson boosted their target price on shares of PDF Solutions from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Tuesday, May 28th. Finally, StockNews.com lowered PDF Solutions from a “buy” rating to a “hold” rating in a research note on Friday, February 16th.

Insider Activity

In related news, Director Shuo Zhang sold 5,500 shares of PDF Solutions stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $34.66, for a total value of $190,630.00. Following the completion of the transaction, the director now owns 10,381 shares in the company, valued at approximately $359,805.46. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In related news, Director Shuo Zhang sold 5,500 shares of PDF Solutions stock in a transaction dated Monday, June 3rd. The stock was sold at an average price of $34.66, for a total value of $190,630.00. Following the sale, the director now directly owns 10,381 shares in the company, valued at approximately $359,805.46. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Adnan Raza sold 1,343 shares of the stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $34.52, for a total value of $46,360.36. Following the transaction, the chief financial officer now directly owns 74,369 shares of the company’s stock, valued at approximately $2,567,217.88. The disclosure for this sale can be found here. Insiders sold a total of 16,490 shares of company stock valued at $564,506 in the last three months. 11.21% of the stock is currently owned by corporate insiders.

PDF Solutions Company Profile

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.