FNY Investment Advisers LLC Acquires New Shares in PDF Solutions, Inc. $PDFS

FNY Investment Advisers LLC bought a new stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 16,610 shares of the technology company’s stock, valued at approximately $428,000.

Other institutional investors and hedge funds have also modified their holdings of the company. UMB Bank n.a. raised its stake 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 worth $25,000 after purchasing an additional 553 shares during the last quarter. Johnson Financial Group Inc. purchased a new stake in shares of PDF Solutions during the third quarter valued at $83,000. Tower Research Capital LLC TRC increased its holdings in 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 buying an additional 2,442 shares in the last quarter. iSAM Funds UK Ltd bought a new stake in PDF Solutions in the 3rd quarter worth about $100,000. Finally, Strs Ohio purchased a new position in PDF Solutions in the 1st quarter worth about $105,000. Institutional investors own 79.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on PDFS. Rosenblatt Securities restated a “buy” rating and set a $34.00 target price on shares of PDF Solutions in a research note on Monday, February 9th. DA Davidson boosted their price objective on shares of PDF Solutions from $38.00 to $40.00 and gave the company a “buy” rating in a report on Friday, February 27th. Weiss Ratings restated a “sell (d)” rating on shares of PDF Solutions in a research report on Monday, December 29th. Finally, Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Saturday, February 28th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $37.00.

PDF Solutions Price Performance

NASDAQ PDFS opened at $33.98 on Friday. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $36.99. The firm has a market capitalization of $1.36 billion, a P/E ratio of -1,699.00 and a beta of 1.55. The company has a quick ratio of 2.28, a current ratio of 2.28 and a debt-to-equity ratio of 0.24. The company has a 50-day moving average price of $32.80 and a 200-day moving average price of $28.67.

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

About PDF Solutions

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.