14,200 Shares in PDF Solutions, Inc. $PDFS Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) during the 1st quarter, HoldingsChannel.com reports. The institutional investor purchased 14,200 shares of the technology company’s stock, valued at approximately $464,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Ophir Asset Management Pty Ltd acquired a new stake in shares of PDF Solutions in the fourth quarter valued at approximately $20,631,000. ArrowMark Colorado Holdings LLC increased its holdings in shares of PDF Solutions by 595.1% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company’s stock valued at $11,665,000 after acquiring an additional 386,788 shares during the period. Pillsbury Lake Capital LLC acquired a new position in shares of PDF Solutions in the 4th quarter valued at $10,729,000. Cannell Capital LLC purchased a new stake in PDF Solutions in the 3rd quarter valued at $8,709,000. Finally, Squarepoint Ops LLC boosted its stake in PDF Solutions by 378.6% during the 3rd quarter. Squarepoint Ops LLC now owns 254,511 shares of the technology company’s stock worth $6,571,000 after purchasing an additional 201,337 shares during the period. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Price Performance

Shares of NASDAQ:PDFS opened at $52.42 on Thursday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.09 billion, a P/E ratio of 291.24 and a beta of 1.63. PDF Solutions, Inc. has a 52 week low of $18.12 and a 52 week high of $71.68. The company has a 50-day moving average price of $54.39 and a 200 day moving average price of $41.04.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, May 7th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.08. The company had revenue of $60.13 million for the quarter, compared to analysts’ expectations of $59.71 million. PDF Solutions had a return on equity of 6.48% and a net margin of 3.10%. Research analysts predict that PDF Solutions, Inc. will post 0.67 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. DA Davidson reissued a “buy” rating and set a $56.00 price objective on shares of PDF Solutions in a research report on Monday, May 18th. Rosenblatt Securities reiterated a “buy” rating and set a $52.00 target price on shares of PDF Solutions in a research note on Tuesday, May 19th. Wall Street Zen raised PDF Solutions from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Finally, Weiss Ratings raised PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $54.00.

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.