Emerald Advisers LLC increased its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 2.2% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 895,248 shares of the technology company's stock after buying an additional 19,673 shares during the period. Emerald Advisers LLC owned about 2.31% of PDF Solutions worth $28,361,000 at the end of the most recent quarter.
A number of other institutional investors have also recently added to or reduced their stakes in the business. Assenagon Asset Management S.A. increased its stake in shares of PDF Solutions by 9.9% in the second quarter. Assenagon Asset Management S.A. now owns 231,915 shares of the technology company's stock valued at $8,437,000 after buying an additional 20,885 shares during the period. Vanguard Group Inc. increased its position in PDF Solutions by 2.5% during the 1st quarter. Vanguard Group Inc. now owns 3,168,212 shares of the technology company's stock valued at $106,674,000 after purchasing an additional 78,543 shares during the period. Janus Henderson Group PLC raised its holdings in PDF Solutions by 20.9% during the 1st quarter. Janus Henderson Group PLC now owns 562,326 shares of the technology company's stock worth $18,934,000 after purchasing an additional 97,060 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of PDF Solutions by 1.9% in the 2nd quarter. Dimensional Fund Advisors LP now owns 917,627 shares of the technology company's stock worth $33,383,000 after purchasing an additional 16,853 shares during the period. Finally, Sequoia Financial Advisors LLC bought a new stake in shares of PDF Solutions in the 2nd quarter valued at $689,000. 79.51% of the stock is owned by institutional investors.
PDF Solutions Stock Up 1.6 %
PDFS traded up $0.44 during trading on Friday, hitting $28.76. The company's stock had a trading volume of 105,739 shares, compared to its average volume of 114,571. The firm has a market capitalization of $1.11 billion, a P/E ratio of -359.50 and a beta of 1.49. PDF Solutions, Inc. has a twelve month low of $26.81 and a twelve month high of $39.70. The stock's fifty day moving average price is $29.95 and its 200-day moving average price is $32.50.
PDF Solutions (NASDAQ:PDFS - Get Free Report) last released its 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. The company had revenue of $41.66 million for the quarter, compared to the consensus estimate of $41.60 million. PDF Solutions had a negative net margin of 1.67% and a positive return on equity of 2.78%. Equities research analysts expect that PDF Solutions, Inc. will post 0.36 EPS for the current fiscal year.
Analysts Set New Price Targets
Separately, DA Davidson restated a "buy" rating and issued a $42.00 target price on shares of PDF Solutions in a report on Wednesday, August 28th.
Check Out Our Latest Stock Report on PDF Solutions
PDF Solutions Profile
(
Free Report)
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.
Read More
Before you consider PDF Solutions, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and PDF Solutions wasn't on the list.
While PDF Solutions currently has a "Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
With average gains of 150% since the start of 2023, now is the time to give these stocks a look and pump up your 2024 portfolio.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.