PDF Solutions, Inc. (PDFS) Holdings Increased by Fmr LLC

Fmr LLC raised its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 154.7% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,648,594 shares of the technology company’s stock after buying an additional 1,001,408 shares during the quarter. Fmr LLC owned approximately 5.12% of PDF Solutions worth $27,119,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. TD Asset Management Inc. grew its holdings in PDF Solutions by 22.7% in the 2nd quarter. TD Asset Management Inc. now owns 41,095 shares of the technology company’s stock valued at $676,000 after buying an additional 7,595 shares during the period. AlphaOne Investment Services LLC purchased a new stake in PDF Solutions in the 2nd quarter valued at about $1,304,000. Schwab Charles Investment Management Inc. grew its holdings in PDF Solutions by 5.5% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 111,198 shares of the technology company’s stock valued at $2,516,000 after buying an additional 5,814 shares during the period. State of Wisconsin Investment Board grew its holdings in PDF Solutions by 266.2% in the 2nd quarter. State of Wisconsin Investment Board now owns 227,478 shares of the technology company’s stock valued at $3,742,000 after buying an additional 165,357 shares during the period. Finally, Marshall Wace North America L.P. purchased a new stake in PDF Solutions in the 1st quarter valued at about $222,000. Institutional investors own 82.45% of the company’s stock.

In other PDF Solutions news, Director Lucio Lanza sold 60,000 shares of the company’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $15.00, for a total value of $900,000.00. Following the transaction, the director now directly owns 318,967 shares of the company’s stock, valued at approximately $4,784,505. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 16.20% of the company’s stock.

Several analysts have commented on the company. Northland Securities upgraded PDF Solutions from a “market perform” rating to an “outperform” rating and set a $22.00 price target for the company in a report on Tuesday, October 3rd. Zacks Investment Research upgraded PDF Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. BidaskClub lowered PDF Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Finally, Craig Hallum lowered PDF Solutions from a “buy” rating to a “hold” rating and reduced their price objective for the company from $22.00 to $18.00 in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $20.00.

PDF Solutions, Inc. (NASDAQ PDFS) opened at 15.63 on Monday. PDF Solutions, Inc. has a 1-year low of $14.11 and a 1-year high of $24.44. The firm has a market capitalization of $505.36 million, a price-to-earnings ratio of 92.49 and a beta of 1.40. The stock has a 50 day moving average price of $15.42 and a 200 day moving average price of $17.15.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, July 27th. The technology company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.06. PDF Solutions had a return on equity of 2.78% and a net margin of 5.29%. The company had revenue of $24.30 million for the quarter, compared to analyst estimates of $26.58 million. During the same period in the prior year, the firm posted $0.16 EPS. The business’s revenue was down 9.0% compared to the same quarter last year. Analysts predict that PDF Solutions, Inc. will post $0.43 EPS for the current year.

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Other institutional investors and hedge funds have also bought and sold shares of the company. TD Asset Management Inc. grew its holdings in PDF Solutions by 22.7% in the 2nd quarter. TD Asset Management Inc. now owns 41,095 shares of the technology company’s stock valued at $676,000 after buying an additional 7,595 shares during the period. AlphaOne Investment Services LLC purchased a new stake in PDF Solutions in the 2nd quarter valued at about $1,304,000. Schwab Charles Investment Management Inc. grew its holdings in PDF Solutions by 5.5% in the 1st quarter. Schwab Charles Investment Management Inc. now owns 111,198 shares of the technology company’s stock valued at $2,516,000 after buying an additional 5,814 shares during the period. State of Wisconsin Investment Board grew its holdings in PDF Solutions by 266.2% in the 2nd quarter. State of Wisconsin Investment Board now owns 227,478 shares of the technology company’s stock valued at $3,742,000 after buying an additional 165,357 shares during the period. Finally, Marshall Wace North America L.P. purchased a new stake in PDF Solutions in the 1st quarter valued at about $222,000. Institutional investors own 82.45% of the company’s stock.

In other PDF Solutions news, Director Lucio Lanza sold 60,000 shares of the company’s stock in a transaction dated Friday, August 18th. The stock was sold at an average price of $15.00, for a total value of $900,000.00. Following the transaction, the director now directly owns 318,967 shares of the company’s stock, valued at approximately $4,784,505. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Corporate insiders own 16.20% of the company’s stock.

Several analysts have commented on the company. Northland Securities upgraded PDF Solutions from a “market perform” rating to an “outperform” rating and set a $22.00 price target for the company in a report on Tuesday, October 3rd. Zacks Investment Research upgraded PDF Solutions from a “sell” rating to a “hold” rating in a report on Tuesday, October 3rd. BidaskClub lowered PDF Solutions from a “sell” rating to a “strong sell” rating in a research note on Tuesday, August 8th. Finally, Craig Hallum lowered PDF Solutions from a “buy” rating to a “hold” rating and reduced their price objective for the company from $22.00 to $18.00 in a research note on Friday, July 28th. Two equities research analysts have rated the stock with a sell rating, two have issued a hold rating and one has issued a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $20.00.

PDF Solutions, Inc. (NASDAQ PDFS) opened at 15.63 on Monday. PDF Solutions, Inc. has a 1-year low of $14.11 and a 1-year high of $24.44. The firm has a market capitalization of $505.36 million, a price-to-earnings ratio of 92.49 and a beta of 1.40. The stock has a 50 day moving average price of $15.42 and a 200 day moving average price of $17.15.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, July 27th. The technology company reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.02 by $0.06. PDF Solutions had a return on equity of 2.78% and a net margin of 5.29%. The company had revenue of $24.30 million for the quarter, compared to analyst estimates of $26.58 million. During the same period in the prior year, the firm posted $0.16 EPS. The business’s revenue was down 9.0% compared to the same quarter last year. Analysts predict that PDF Solutions, Inc. will post $0.43 EPS for the current year.

ILLEGAL ACTIVITY NOTICE: This report was posted by The Ledger Gazette and is the sole property of of The Ledger Gazette. If you are accessing this report on another site, it was illegally stolen and republished in violation of United States and international trademark and copyright laws. The legal version of this report can be viewed at https://ledgergazette.com/2017/10/23/pdf-solutions-inc-pdfs-holdings-increased-by-fmr-llc.html.

PDF Solutions Company Profile

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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