Squarepoint Ops LLC Sells 35,625 Shares of PDF Solutions, Inc. $PDFS

Squarepoint Ops LLC trimmed its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 27.2% during the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 95,294 shares of the technology company’s stock after selling 35,625 shares during the quarter. Squarepoint Ops LLC’s holdings in PDF Solutions were worth $6,746,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Legal & General Group Plc purchased a new position in shares of PDF Solutions in the 2nd quarter valued at $5,733,000. Deutsche Bank AG purchased a new stake in shares of PDF Solutions during the 2nd quarter worth $9,382,000. Sei Investments Co. lifted its stake in shares of PDF Solutions by 114.2% during the 1st quarter. Sei Investments Co. now owns 90,393 shares of the technology company’s stock worth $2,957,000 after purchasing an additional 48,184 shares during the last quarter. Arete Wealth Advisors LLC bought a new stake in PDF Solutions during the first quarter valued at about $985,000. Finally, Janus Henderson Group PLC boosted its position in PDF Solutions by 13.5% during the first quarter. Janus Henderson Group PLC now owns 1,035,666 shares of the technology company’s stock valued at $33,877,000 after purchasing an additional 123,531 shares in the last quarter. Institutional investors own 79.51% of the company’s stock.

Insider Buying and Selling at PDF Solutions

In other news, CTO Andrzej Strojwas sold 3,394 shares of PDF Solutions stock in a transaction on Monday, August 31st. The shares were sold at an average price of $44.41, for a total transaction of $150,727.54. Following the completion of the sale, the chief technology officer directly owned 90,965 shares in the company, valued at approximately $4,039,755.65. The trade was a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Shuo Zhang sold 1,501 shares of the business’s stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $51.47, for a total transaction of $77,256.47. Following the sale, the director directly owned 23,380 shares in the company, valued at $1,203,368.60. This trade represents a 6.03% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders own 11.08% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Weiss Ratings upgraded shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 21st. Royal Bank Of Canada cut shares of PDF Solutions to an “outperform” rating in a report on Tuesday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $63.00 price objective on shares of PDF Solutions in a research report on Friday, August 7th. Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Finally, Sanford C. Bernstein initiated coverage on shares of PDF Solutions in a research report on Tuesday, August 11th. They set an “outperform” rating and a $65.00 target price for the company. Five equities research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $62.80.

PDF Solutions Trading Up 0.0%

Shares of NASDAQ:PDFS opened at $47.16 on Friday. The business’s 50-day moving average is $48.81 and its 200 day moving average is $46.42. The company has a debt-to-equity ratio of 0.17, a current ratio of 3.45 and a quick ratio of 3.45. PDF Solutions, Inc. has a 1 year low of $19.36 and a 1 year high of $71.68. The firm has a market capitalization of $1.88 billion, a P/E ratio of 188.64 and a beta of 1.64.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share for the quarter, hitting the consensus estimate of $0.27. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%.The business had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. On average, research analysts predict that PDF Solutions, Inc. will post 0.78 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.