The Manufacturers Life Insurance Company Takes Position in PDF Solutions, Inc. $PDFS

The Manufacturers Life Insurance Company acquired a new stake in PDF Solutions, Inc. (NASDAQ:PDFS) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 15,392 shares of the technology company’s stock, valued at approximately $1,090,000.

Other hedge funds have also made changes to their positions in the company. Hantz Financial Services Inc. raised its stake in shares of PDF Solutions by 122.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after purchasing an additional 615 shares during the last quarter. Quantbot Technologies LP purchased a new position in PDF Solutions in the 2nd quarter valued at $33,000. Meeder Asset Management Inc. acquired a new position in PDF Solutions in the 2nd quarter valued at $44,000. Bell Investment Advisors Inc purchased a new position in PDF Solutions during the 2nd quarter worth $49,000. Finally, Tower Research Capital LLC TRC lifted its stake in shares of PDF Solutions by 257.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock worth $73,000 after acquiring an additional 2,442 shares during the period. Institutional investors and hedge funds own 79.51% of the company’s stock.

Analyst Ratings Changes

Several analysts have recently commented on PDFS shares. Sanford C. Bernstein started coverage on PDF Solutions in a report on Tuesday, August 11th. They issued an “outperform” rating and a $65.00 price target for the company. Rosenblatt Securities reissued a “buy” rating and issued a $63.00 target price on shares of PDF Solutions in a report on Friday, August 7th. DA Davidson set a $74.00 target price on shares of PDF Solutions in a research report on Monday, August 17th. Weiss Ratings raised shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Finally, Wall Street Zen downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Three equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $63.00.

Insider Transactions at PDF Solutions

In other PDF Solutions news, Director Shuo Zhang sold 1,501 shares of PDF Solutions stock in a transaction dated Wednesday, August 12th. The stock was 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 in the company, valued at $1,203,368.60. The trade was a 6.03% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CTO Andrzej Strojwas sold 3,394 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $44.41, for a total transaction of $150,727.54. Following the transaction, the chief technology officer directly owned 90,965 shares of the company’s stock, valued at $4,039,755.65. This trade represents a 3.60% decrease in their position. The disclosure for this sale is available in the SEC filing. 11.08% of the stock is currently owned by company insiders.

PDF Solutions Stock Up 5.0%

Shares of NASDAQ:PDFS opened at $45.65 on Friday. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $1.82 billion, a P/E ratio of 182.60 and a beta of 1.64. PDF Solutions, Inc. has a 52-week low of $19.17 and a 52-week high of $71.68. The stock’s fifty day simple moving average is $50.31 and its 200-day simple moving average is $45.94.

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

PDF Solutions Company 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.