State Street Corp Increases Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

State Street Corp lifted its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 2.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,147,622 shares of the technology company's stock after purchasing an additional 23,148 shares during the period. State Street Corp owned about 2.96% of PDF Solutions worth $36,357,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. nVerses Capital LLC bought a new stake in PDF Solutions in the second quarter worth about $25,000. Meeder Asset Management Inc. purchased a new position in shares of PDF Solutions during the 3rd quarter valued at $37,000. GAMMA Investing LLC grew its stake in shares of PDF Solutions by 77.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company's stock worth $54,000 after acquiring an additional 748 shares during the period. Nisa Investment Advisors LLC boosted its position in PDF Solutions by 34.7% during the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company's stock worth $65,000 after purchasing an additional 526 shares during the period. Finally, Quest Partners LLC lifted its stake in shares of PDF Solutions by 20,281.5% during the 2nd quarter. Quest Partners LLC now owns 5,503 shares of the technology company's stock valued at $200,000 after buying an additional 5,476 shares in the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

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

PDF Solutions Stock Performance

NASDAQ PDFS traded down $0.41 on Friday, hitting $28.05. The stock had a trading volume of 378,433 shares, compared to its average volume of 163,172. The firm has a 50-day moving average of $30.34 and a 200-day moving average of $31.96. PDF Solutions, Inc. has a 52-week low of $27.69 and a 52-week high of $39.70. The company has a market capitalization of $1.09 billion, a price-to-earnings ratio of 255.02 and a beta of 1.51.

Insider Transactions at PDF Solutions

In other news, 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 transaction of $155,175.50. Following the completion of the transaction, the insider now 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Nancy Erba sold 2,000 shares of the firm's stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total transaction of $61,620.00. Following the completion of the sale, the director now directly owns 13,739 shares in the company, valued at $423,298.59. This represents a 12.71 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders own 11.13% of the company's stock.

PDF Solutions Company 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.