Assenagon Asset Management S.A. purchased a new stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 12,132 shares of the technology company’s stock, valued at approximately $237,000.
Other large investors have also recently modified their holdings of the company. SG Americas Securities LLC purchased a new position in PDF Solutions during the first quarter valued at approximately $117,000. Royal Bank of Canada lifted its holdings in shares of PDF Solutions by 248.4% in the first quarter. Royal Bank of Canada now owns 10,852 shares of the technology company’s stock worth $127,000 after buying an additional 7,737 shares in the last quarter. BNP Paribas Arbitrage SA lifted its holdings in shares of PDF Solutions by 15.8% in the first quarter. BNP Paribas Arbitrage SA now owns 11,270 shares of the technology company’s stock worth $132,000 after buying an additional 1,538 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in shares of PDF Solutions in the first quarter worth $164,000. Finally, Acadian Asset Management LLC lifted its holdings in shares of PDF Solutions by 10.0% in the first quarter. Acadian Asset Management LLC now owns 17,434 shares of the technology company’s stock worth $204,000 after buying an additional 1,580 shares in the last quarter. 74.23% of the stock is currently owned by institutional investors and hedge funds.
Several research firms have recently commented on PDFS. ValuEngine downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Friday, May 8th. Zacks Investment Research raised shares of PDF Solutions from a “hold” rating to a “buy” rating and set a $19.00 target price on the stock in a report on Tuesday, May 12th. BidaskClub raised shares of PDF Solutions from a “buy” rating to a “strong-buy” rating in a report on Tuesday, July 28th. Finally, Northland Securities reissued a “buy” rating and issued a $25.00 target price on shares of PDF Solutions in a report on Thursday, July 2nd. One analyst has rated the stock with a hold rating, three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus price target of $22.50.
PDF Solutions stock opened at $24.58 on Friday. The company has a market cap of $805.98 million, a price-to-earnings ratio of -245.80 and a beta of 1.62. The firm’s fifty day moving average is $19.00 and its 200 day moving average is $16.07. The company has a quick ratio of 5.52, a current ratio of 5.52 and a debt-to-equity ratio of 0.04. PDF Solutions, Inc. has a 52-week low of $8.61 and a 52-week high of $20.52.
PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, May 7th. The technology company reported ($0.02) earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.05). The business had revenue of $21.16 million for the quarter, compared to analysts’ expectations of $22.50 million. PDF Solutions had a negative net margin of 3.78% and a negative return on equity of 1.66%. On average, equities research analysts anticipate that PDF Solutions, Inc. will post -0.16 earnings per share for the current fiscal year.
PDF Solutions Profile
PDF Solutions, Inc provides hardware, software, and intellectual property products to integrated circuit (IC) vendors in the United States, China, Taiwan, Germany, and internationally. It offers Exensio platform, which consists of Exensio-Yield that collects and stores yield data in an analysis-ready database, which enables product engineers to identify and analyze production yield, performance, reliability, and other issues; Exensio-Control, which provides fault detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Exensio-Test that offers data collection and analysis capability; Exensio Characterization, which encapsulates test structure analysis functionality of electrical and in-line inspection data from CV test chips and design-for-inspection DFI on-chip instruments; and Exensio ALPS that provides device manufacturers with the capability to link all device data, including fabrication and characterization data from every step of the product life cycle.
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