Quest Partners LLC Has $200,000 Stake in PDF Solutions, Inc. (NASDAQ:PDFS)

Quest Partners LLC increased its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 20,281.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 5,503 shares of the technology company’s stock after purchasing an additional 5,476 shares during the quarter. Quest Partners LLC’s holdings in PDF Solutions were worth $200,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PDFS. Ranger Investment Management L.P. lifted its stake in shares of PDF Solutions by 49.1% in the fourth quarter. Ranger Investment Management L.P. now owns 769,650 shares of the technology company’s stock worth $24,737,000 after buying an additional 253,393 shares during the last quarter. Vanguard Group Inc. lifted its position in PDF Solutions by 5.5% during the 4th quarter. Vanguard Group Inc. now owns 3,089,669 shares of the technology company’s stock worth $99,302,000 after acquiring an additional 160,441 shares during the last quarter. Wasatch Advisors LP boosted its holdings in PDF Solutions by 12.4% during the fourth quarter. Wasatch Advisors LP now owns 1,287,236 shares of the technology company’s stock valued at $41,372,000 after acquiring an additional 141,752 shares during the period. Janus Henderson Group PLC grew its position in shares of PDF Solutions by 20.9% in the first quarter. Janus Henderson Group PLC now owns 562,326 shares of the technology company’s stock valued at $18,934,000 after purchasing an additional 97,060 shares during the last quarter. Finally, Roubaix Capital LLC increased its stake in shares of PDF Solutions by 111.9% in the first quarter. Roubaix Capital LLC now owns 98,118 shares of the technology company’s stock worth $3,304,000 after purchasing an additional 51,812 shares during the period. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

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

PDF Solutions Price Performance

NASDAQ PDFS opened at $29.35 on Monday. The company’s fifty day moving average is $32.60 and its two-hundred day moving average is $33.33. PDF Solutions, Inc. has a 52-week low of $26.12 and a 52-week high of $39.70. The firm has a market capitalization of $1.14 billion, a price-to-earnings ratio of 587.00 and a beta of 1.49.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, August 8th. The technology company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.03 by $0.03. The business had revenue of $41.66 million for the quarter, compared to the consensus estimate of $41.60 million. PDF Solutions had a positive return on equity of 2.78% and a negative net margin of 1.67%. As a group, sell-side analysts expect that PDF Solutions, Inc. will post 0.36 earnings per share for the current fiscal year.

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.