Royce & Associates LP Sells 17,700 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Royce & Associates LP trimmed its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 8.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 192,700 shares of the technology company's stock after selling 17,700 shares during the quarter. Royce & Associates LP owned 0.50% of PDF Solutions worth $6,105,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. MQS Management LLC bought a new position in PDF Solutions in the 3rd quarter worth $331,000. Olympiad Research LP purchased a new stake in PDF Solutions during the 3rd quarter valued at approximately $253,000. Emerald Advisers LLC grew its holdings in shares of PDF Solutions by 2.2% in the third quarter. Emerald Advisers LLC now owns 895,248 shares of the technology company's stock valued at $28,361,000 after purchasing an additional 19,673 shares in the last quarter. Emerald Mutual Fund Advisers Trust lifted its position in shares of PDF Solutions by 1.7% during the third quarter. Emerald Mutual Fund Advisers Trust now owns 728,144 shares of the technology company's stock worth $23,068,000 after purchasing an additional 12,224 shares during the last quarter. Finally, Nisa Investment Advisors LLC raised its holdings in shares of PDF Solutions by 34.7% in the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company's stock valued at $65,000 after acquiring an additional 526 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Rosenblatt Securities reiterated a "buy" rating and issued a $40.00 target price on shares of PDF Solutions in a research report on Friday, November 8th. DA Davidson restated a "buy" rating and set a $42.00 price target on shares of PDF Solutions in a research note on Wednesday, August 28th. Finally, StockNews.com upgraded PDF Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, November 12th.

PDF Solutions Price Performance

Shares of NASDAQ PDFS traded up $0.03 during mid-day trading on Monday, hitting $30.01. The company had a trading volume of 114,507 shares, compared to its average volume of 163,424. The firm's 50 day simple moving average is $30.14 and its two-hundred day simple moving average is $32.58. The stock has a market cap of $1.16 billion, a price-to-earnings ratio of 272.57 and a beta of 1.49. PDF Solutions, Inc. has a 12 month low of $27.69 and a 12 month high of $39.70.

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.