OMERS ADMINISTRATION Corp Purchases New Holdings in PDF Solutions, Inc. $PDFS

OMERS ADMINISTRATION Corp acquired a new position in PDF Solutions, Inc. (NASDAQ:PDFS) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 11,400 shares of the technology company’s stock, valued at approximately $807,000.

Several other institutional investors have also added to or reduced their stakes in the company. Quantbot Technologies LP bought a new position in shares of PDF Solutions during the second quarter valued at approximately $33,000. Meeder Asset Management Inc. purchased a new stake in shares of PDF Solutions in the second quarter worth approximately $44,000. Bell Investment Advisors Inc bought a new stake in shares of PDF Solutions during the 2nd quarter worth approximately $49,000. Hantz Financial Services Inc. boosted its holdings in PDF Solutions by 122.8% during the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock valued at $32,000 after acquiring an additional 615 shares during the period. Finally, State of Wyoming purchased a new position in PDF Solutions during the 2nd quarter valued at $125,000. Institutional investors own 79.51% of the company’s stock.

Wall Street Analyst Weigh In

PDFS has been the topic of a number of recent analyst reports. Sanford C. Bernstein assumed coverage on PDF Solutions in a research note on Tuesday, August 11th. They issued an “outperform” rating and a $65.00 target price on the stock. DA Davidson set a $74.00 target price on shares of PDF Solutions in a research note on Monday, August 17th. Weiss Ratings upgraded shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 21st. Wells Fargo & Company initiated coverage on shares of PDF Solutions in a report on Tuesday, August 4th. They issued an “equal weight” rating and a $50.00 price target on the stock. Finally, Wall Street Zen downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, PDF Solutions has a consensus rating of “Moderate Buy” and an average price target of $63.00.

Insider Activity at PDF Solutions

In other news, Director Shuo Zhang sold 1,501 shares of the company’s stock in a transaction that occurred on Wednesday, August 12th. The shares were sold at an average price of $51.47, for a total value of $77,256.47. Following the completion of the sale, the director owned 23,380 shares of the company’s stock, valued at approximately $1,203,368.60. This represents a 6.03% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 11.08% of the company’s stock.

PDF Solutions Price Performance

PDFS opened at $46.15 on Friday. The company has a market capitalization of $1.84 billion, a price-to-earnings ratio of 184.60 and a beta of 1.67. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.17. PDF Solutions, Inc. has a 12-month low of $18.93 and a 12-month high of $71.68. The business’s fifty day simple moving average is $52.79 and its 200-day simple moving average is $45.54.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.27. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. The company had revenue of $61.53 million during the quarter, compared to analyst estimates of $61.17 million. On average, equities research analysts anticipate that PDF Solutions, Inc. will post 0.77 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.