Divisar Capital Management LLC Acquires 49,762 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Divisar Capital Management LLC increased its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 9.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 595,583 shares of the technology company's stock after buying an additional 49,762 shares during the quarter. PDF Solutions accounts for approximately 4.1% of Divisar Capital Management LLC's holdings, making the stock its 9th biggest position. Divisar Capital Management LLC owned approximately 1.55% of PDF Solutions worth $21,667,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in PDFS. Charles Schwab Investment Management Inc. increased its position in PDF Solutions by 2.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 247,961 shares of the technology company's stock worth $7,969,000 after purchasing an additional 6,999 shares during the last quarter. PNC Financial Services Group Inc. lifted its stake in PDF Solutions by 67.0% in the fourth quarter. PNC Financial Services Group Inc. now owns 7,692 shares of the technology company's stock valued at $247,000 after acquiring an additional 3,085 shares during the last quarter. Quest Partners LLC bought a new stake in PDF Solutions in the fourth quarter worth approximately $72,000. Evoke Wealth LLC acquired a new position in shares of PDF Solutions during the 4th quarter worth $267,000. Finally, Campbell & CO Investment Adviser LLC raised its holdings in shares of PDF Solutions by 28.5% during the 4th quarter. Campbell & CO Investment Adviser LLC now owns 16,503 shares of the technology company's stock valued at $530,000 after purchasing an additional 3,663 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Separately, DA Davidson reaffirmed a "buy" rating and issued a $42.00 price target on shares of PDF Solutions in a research report on Wednesday, August 28th.

PDF Solutions Stock Up 5.9 %

Shares of NASDAQ:PDFS traded up $1.79 during trading on Thursday, reaching $32.00. The stock had a trading volume of 192,385 shares, compared to its average volume of 166,527. The stock has a fifty day simple moving average of $31.40 and a two-hundred day simple moving average of $33.08. The firm has a market capitalization of $1.23 billion, a price-to-earnings ratio of 640.20 and a beta of 1.49. PDF Solutions, Inc. has a 52 week low of $26.12 and a 52 week high of $39.70.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last released its quarterly earnings results on Thursday, August 8th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.03 by $0.03. PDF Solutions had a negative net margin of 1.67% and a positive return on equity of 2.78%. The company had revenue of $41.66 million during the quarter, compared to analysts' expectations of $41.60 million. On average, analysts forecast that PDF Solutions, Inc. will post 0.36 EPS for the current year.

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.