Rhumbline Advisers Trims Position in PDF Solutions, Inc. $PDFS

Rhumbline Advisers decreased its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 34.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 86,918 shares of the technology company’s stock after selling 45,425 shares during the quarter. Rhumbline Advisers’ holdings in PDF Solutions were worth $2,244,000 as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Amalgamated Bank increased its position in shares of PDF Solutions by 4.0% during the third quarter. Amalgamated Bank now owns 9,237 shares of the technology company’s stock worth $238,000 after acquiring an additional 359 shares during the period. UMB Bank n.a. boosted its holdings in shares of PDF Solutions by 138.9% in the third quarter. UMB Bank n.a. now owns 951 shares of the technology company’s stock valued at $25,000 after purchasing an additional 553 shares during the period. State of Wyoming grew its stake in PDF Solutions by 4.5% in the second quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock worth $330,000 after purchasing an additional 668 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in PDF Solutions by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock worth $353,000 after purchasing an additional 753 shares during the period. Finally, Significant Wealth Partners LLC increased its holdings in PDF Solutions by 4.5% during the 3rd quarter. Significant Wealth Partners LLC now owns 19,499 shares of the technology company’s stock worth $503,000 after purchasing an additional 836 shares during the period. 79.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several brokerages have weighed in on PDFS. DA Davidson upped their target price on PDF Solutions from $38.00 to $40.00 and gave the stock a “buy” rating in a report on Friday. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a report on Monday, December 29th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $34.00 price objective on shares of PDF Solutions in a research note on Monday, February 9th. Finally, Wall Street Zen raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Saturday. Two investment analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $37.00.

PDF Solutions Trading Down 0.5%

PDFS opened at $33.78 on Friday. The company has a current ratio of 2.28, a quick ratio of 2.21 and a debt-to-equity ratio of 0.24. The firm has a market cap of $1.35 billion, a price-to-earnings ratio of -1,689.00 and a beta of 1.55. PDF Solutions, Inc. has a 12 month low of $15.91 and a 12 month high of $36.99. The stock has a fifty day moving average price of $31.92 and a 200-day moving average price of $27.40.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, February 12th. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.24 by $0.06. The company had revenue of $62.40 million for the quarter, compared to analyst estimates of $61.95 million. PDF Solutions had a positive return on equity of 4.86% and a negative net margin of 0.29%. As a group, equities research analysts anticipate that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

PDF Solutions Profile

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.