Dimensional Fund Advisors LP grew its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 4.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,335,084 shares of the technology company’s stock after acquiring an additional 52,067 shares during the quarter. Dimensional Fund Advisors LP owned about 4.18% of PDF Solutions worth $20,680,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently bought and sold shares of the company. Rhumbline Advisers increased its stake in shares of PDF Solutions by 1.0% during the 2nd quarter. Rhumbline Advisers now owns 31,097 shares of the technology company’s stock valued at $512,000 after acquiring an additional 300 shares during the last quarter. Schwab Charles Investment Management Inc. increased its position in PDF Solutions by 0.6% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 111,844 shares of the technology company’s stock worth $1,840,000 after purchasing an additional 646 shares in the last quarter. Wells Fargo & Company MN increased its position in PDF Solutions by 2.6% during the 2nd quarter. Wells Fargo & Company MN now owns 42,879 shares of the technology company’s stock worth $706,000 after purchasing an additional 1,084 shares in the last quarter. The Manufacturers Life Insurance Company increased its position in PDF Solutions by 7.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,601 shares of the technology company’s stock worth $372,000 after purchasing an additional 1,501 shares in the last quarter. Finally, Voya Investment Management LLC increased its position in PDF Solutions by 11.0% during the 2nd quarter. Voya Investment Management LLC now owns 15,684 shares of the technology company’s stock worth $258,000 after purchasing an additional 1,557 shares in the last quarter. 86.12% of the stock is owned by institutional investors.
PDFS has been the subject of a number of research analyst reports. ValuEngine raised shares of PDF Solutions from a “sell” rating to a “hold” rating in a research report on Saturday, November 25th. BidaskClub downgraded shares of PDF Solutions from a “sell” rating to a “strong sell” rating in a research report on Tuesday, January 16th. Zacks Investment Research raised shares of PDF Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Finally, Northland Securities raised shares of PDF Solutions from a “market perform” rating to an “outperform” rating and set a $22.00 target price for the company in a research report on Tuesday, October 3rd. Two investment analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $20.00.
Shares of PDF Solutions, Inc. (PDFS) opened at $14.67 on Tuesday. The stock has a market cap of $477.94, a P/E ratio of 104.79, a P/E/G ratio of 5.84 and a beta of 1.48. PDF Solutions, Inc. has a 1 year low of $14.11 and a 1 year high of $23.93.
PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, October 26th. The technology company reported $0.11 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.12 by ($0.01). The business had revenue of $26.50 million for the quarter, compared to analyst estimates of $26.67 million. PDF Solutions had a return on equity of 2.10% and a net margin of 4.08%. The firm’s revenue for the quarter was down 2.9% compared to the same quarter last year. During the same period last year, the company posted $0.17 EPS. research analysts anticipate that PDF Solutions, Inc. will post 0.04 earnings per share for the current year.
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About PDF Solutions
PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.
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