Wasatch Advisors LP Sells 22,957 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Wasatch Advisors LP decreased its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,251,706 shares of the technology company's stock after selling 22,957 shares during the quarter. Wasatch Advisors LP owned 3.23% of PDF Solutions worth $39,654,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. nVerses Capital LLC purchased a new stake in PDF Solutions during the second quarter valued at about $25,000. GAMMA Investing LLC lifted its position in PDF Solutions by 98.0% in the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the technology company's stock worth $35,000 after buying an additional 479 shares during the last quarter. Meeder Asset Management Inc. bought a new stake in PDF Solutions in the 3rd quarter worth approximately $37,000. Nisa Investment Advisors LLC boosted its stake in PDF Solutions by 34.7% in the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company's stock worth $65,000 after buying an additional 526 shares in the last quarter. Finally, Quest Partners LLC grew its position in PDF Solutions by 20,281.5% during the second quarter. Quest Partners LLC now owns 5,503 shares of the technology company's stock valued at $200,000 after acquiring an additional 5,476 shares during the last quarter. 79.51% of the stock is currently owned by institutional investors.

PDF Solutions Price Performance

PDF Solutions stock traded up $1.11 during trading hours on Friday, reaching $31.60. The stock had a trading volume of 133,277 shares, compared to its average volume of 177,445. The company has a fifty day simple moving average of $30.46 and a 200-day simple moving average of $32.43. PDF Solutions, Inc. has a 52 week low of $27.69 and a 52 week high of $39.70. The stock has a market cap of $1.23 billion, a PE ratio of 287.30 and a beta of 1.49.

Wall Street Analyst Weigh In

PDFS has been the subject of a number of research reports. DA Davidson reaffirmed a "buy" rating and issued a $42.00 price objective on shares of PDF Solutions in a research note on Wednesday, August 28th. Rosenblatt Securities restated a "buy" rating and set a $40.00 target price on shares of PDF Solutions in a report on Friday, November 8th. Finally, StockNews.com raised PDF Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, November 12th.

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.