Rice Hall James & Associates LLC Makes New Investment in PDF Solutions, Inc. $PDFS

Rice Hall James & Associates LLC bought a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 163,000 shares of the technology company’s stock, valued at approximately $11,539,000. Rice Hall James & Associates LLC owned about 0.41% of PDF Solutions at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Hantz Financial Services Inc. increased its stake in PDF Solutions by 122.8% in the 4th quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after buying an additional 615 shares during the period. Bell Investment Advisors Inc purchased a new stake in PDF Solutions in the 2nd quarter valued at about $49,000. Tower Research Capital LLC TRC boosted its position 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 valued at $73,000 after buying an additional 2,442 shares during the period. Kestra Advisory Services LLC bought a new position in PDF Solutions in the 4th quarter worth about $82,000. Finally, Johnson Financial Group Inc. purchased a new position in shares of PDF Solutions during the third quarter worth approximately $83,000. 79.51% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Shuo Zhang sold 1,501 shares of PDF Solutions stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total value of $77,256.47. Following the transaction, the director directly owned 23,380 shares in the company, valued at approximately $1,203,368.60. This trade represents a 6.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Corporate insiders own 11.08% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently issued reports on PDFS. Rosenblatt Securities reiterated a “buy” rating and issued a $63.00 price target on shares of PDF Solutions in a report on Friday, August 7th. Wells Fargo & Company initiated coverage on PDF Solutions in a report on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of PDF Solutions in a research report on Friday, August 7th. DA Davidson set a $74.00 target price on PDF Solutions in a report on Monday. Finally, Wall Street Zen downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, August 8th. Three equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, PDF Solutions currently has an average rating of “Hold” and a consensus price target of $63.00.

PDF Solutions Price Performance

Shares of PDFS opened at $52.80 on Tuesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.45 and a current ratio of 3.45. The company has a 50 day moving average price of $55.47 and a 200-day moving average price of $44.71. PDF Solutions, Inc. has a fifty-two week low of $18.93 and a fifty-two week high of $71.68. The stock has a market capitalization of $2.11 billion, a PE ratio of 211.20 and a beta of 1.67.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The company had revenue of $61.53 million for the quarter, compared to analyst estimates of $61.17 million. PDF Solutions had a net margin of 4.27% and a return on equity of 7.21%. Equities analysts predict that PDF Solutions, Inc. will post 0.7 earnings per share for the current fiscal year.

PDF Solutions 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.