Algert Global LLC Raises Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Algert Global LLC lifted its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 6.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,873 shares of the technology company’s stock after buying an additional 3,114 shares during the period. Algert Global LLC’s holdings in PDF Solutions were worth $1,814,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. nVerses Capital LLC purchased a new position in shares of PDF Solutions during the 2nd quarter worth approximately $25,000. GAMMA Investing LLC increased its stake in PDF Solutions by 98.0% in the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock valued at $35,000 after purchasing an additional 479 shares in the last quarter. Quest Partners LLC increased its stake in PDF Solutions by 20,281.5% in the 2nd quarter. Quest Partners LLC now owns 5,503 shares of the technology company’s stock valued at $200,000 after purchasing an additional 5,476 shares in the last quarter. ProShare Advisors LLC purchased a new position in PDF Solutions in the 1st quarter valued at approximately $210,000. Finally, PNC Financial Services Group Inc. increased its stake in PDF Solutions by 67.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,692 shares of the technology company’s stock valued at $247,000 after purchasing an additional 3,085 shares in the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

PDF Solutions Stock Performance

PDF Solutions stock opened at $30.86 on Thursday. The stock has a fifty day moving average of $30.92 and a two-hundred day moving average of $32.99. The company has a market capitalization of $1.20 billion, a price-to-earnings ratio of 617.20 and a beta of 1.49. PDF Solutions, Inc. has a fifty-two week low of $26.12 and a fifty-two week high of $39.70.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, August 8th. The technology company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.03 by $0.03. The company had revenue of $41.66 million during 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%. On average, analysts forecast that PDF Solutions, Inc. will post 0.36 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, 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.

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.