Lisanti Capital Growth LLC purchased a new position in PDF Solutions, Inc. (NASDAQ:PDFS – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 105,540 shares of the technology company’s stock, valued at approximately $3,011,000.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Legato Capital Management LLC grew its stake in PDF Solutions by 96.4% in the fourth quarter. Legato Capital Management LLC now owns 53,530 shares of the technology company’s stock worth $1,527,000 after purchasing an additional 26,268 shares during the period. Nano Cap New Millennium Growth Fund L P purchased a new stake in PDF Solutions in the fourth quarter worth $556,000. PNC Financial Services Group Inc. grew its stake in PDF Solutions by 12.1% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,096 shares of the technology company’s stock worth $202,000 after purchasing an additional 764 shares during the period. M&T Bank Corp grew its stake in PDF Solutions by 28.8% in the fourth quarter. M&T Bank Corp now owns 20,165 shares of the technology company’s stock worth $575,000 after purchasing an additional 4,508 shares during the period. Finally, Clarus Group Inc. grew its stake in PDF Solutions by 22.1% in the fourth quarter. Clarus Group Inc. now owns 10,553 shares of the technology company’s stock worth $301,000 after purchasing an additional 1,910 shares during the period. 79.51% of the stock is owned by hedge funds and other institutional investors.
PDF Solutions Trading Up 3.4%
PDF Solutions stock opened at $46.09 on Friday. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.34 and a quick ratio of 2.34. PDF Solutions, Inc. has a one year low of $17.35 and a one year high of $56.46. The stock has a market capitalization of $1.84 billion, a PE ratio of 256.07 and a beta of 1.70. The business’s fifty day moving average is $40.18 and its 200 day moving average is $33.80.
Analysts Set New Price Targets
A number of equities research analysts have recently commented on the company. DA Davidson reissued a “buy” rating and issued a $56.00 target price on shares of PDF Solutions in a research note on Monday, May 18th. Wall Street Zen raised PDF Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Rosenblatt Securities reissued a “buy” rating and issued a $52.00 target price on shares of PDF Solutions in a research note on Tuesday, May 19th. Finally, Weiss Ratings raised PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Two equities research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $54.00.
View Our Latest Stock Report on PDFS
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.
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