Barclays PLC Purchases 44,111 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Barclays PLC lifted its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 388.4% in the third quarter, according to the company in its most recent filing with the SEC. The fund owned 55,467 shares of the technology company's stock after buying an additional 44,111 shares during the quarter. Barclays PLC owned about 0.14% of PDF Solutions worth $1,757,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC lifted its position in PDF Solutions by 13.3% during the third quarter. Jane Street Group LLC now owns 36,455 shares of the technology company's stock worth $1,155,000 after acquiring an additional 4,271 shares during the last quarter. State Street Corp boosted its stake in PDF Solutions by 2.1% in the 3rd quarter. State Street Corp now owns 1,147,622 shares of the technology company's stock valued at $36,357,000 after purchasing an additional 23,148 shares during the period. Needham Investment Management LLC grew its holdings in PDF Solutions by 32.3% in the 3rd quarter. Needham Investment Management LLC now owns 1,759,550 shares of the technology company's stock valued at $55,743,000 after buying an additional 429,550 shares in the last quarter. Janus Henderson Group PLC increased its position in PDF Solutions by 16.7% during the 3rd quarter. Janus Henderson Group PLC now owns 658,547 shares of the technology company's stock worth $20,863,000 after buying an additional 94,154 shares during the period. Finally, Verition Fund Management LLC lifted its holdings in shares of PDF Solutions by 50.4% during the third quarter. Verition Fund Management LLC now owns 26,803 shares of the technology company's stock worth $849,000 after buying an additional 8,980 shares in the last quarter. Institutional investors own 79.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on the stock. Northland Securities restated an "outperform" rating and issued a $45.00 price target on shares of PDF Solutions in a research note on Tuesday. StockNews.com raised shares of PDF Solutions from a "hold" rating to a "buy" rating in a report on Tuesday, November 12th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $40.00 price target on shares of PDF Solutions in a research note on Friday, November 8th.

Insider Transactions at PDF Solutions

In other PDF Solutions news, Director Nancy Erba sold 2,000 shares of PDF Solutions stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total value of $61,620.00. Following the transaction, the director now owns 13,739 shares in the company, valued at $423,298.59. The trade was a 12.71 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Andrzej Strojwas sold 5,030 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $30.85, for a total value of $155,175.50. Following the transaction, the insider now directly owns 94,717 shares of the company's stock, valued at approximately $2,922,019.45. The trade was a 5.04 % decrease in their position. The disclosure for this sale can be found here. 11.13% of the stock is currently owned by insiders.

PDF Solutions Price Performance

PDFS traded down $0.87 on Friday, hitting $27.89. 128,016 shares of the stock were exchanged, compared to its average volume of 162,028. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 253.57 and a beta of 1.51. PDF Solutions, Inc. has a 12 month low of $27.52 and a 12 month high of $39.70. The business has a 50-day moving average of $30.19 and a two-hundred day moving average of $31.72.

PDF Solutions Profile

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.