AQR Capital Management LLC Sells 15,980 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

AQR Capital Management LLC lessened its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 28.4% in the second quarter, Holdings Channel reports. The firm owned 40,250 shares of the technology company’s stock after selling 15,980 shares during the period. AQR Capital Management LLC’s holdings in PDF Solutions were worth $1,464,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of the business. Louisiana State Employees Retirement System grew its stake in PDF Solutions by 2.0% in the 2nd quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock valued at $564,000 after purchasing an additional 300 shares during the period. Texas Permanent School Fund Corp grew its stake in PDF Solutions by 1.3% in the 1st quarter. Texas Permanent School Fund Corp now owns 26,788 shares of the technology company’s stock valued at $902,000 after purchasing an additional 347 shares during the period. GAMMA Investing LLC grew 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 during the period. nVerses Capital LLC bought a new position in PDF Solutions in the 2nd quarter valued at $25,000. Finally, Price T Rowe Associates Inc. MD grew its stake in PDF Solutions by 17.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,784 shares of the technology company’s stock valued at $296,000 after purchasing an additional 1,317 shares during the period. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Performance

PDFS stock opened at $30.40 on Friday. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 608.00 and a beta of 1.48. PDF Solutions, Inc. has a fifty-two week low of $26.12 and a fifty-two week high of $39.70. The stock has a fifty day moving average of $30.46 and a 200-day moving average of $32.88.

PDF Solutions (NASDAQ:PDFS) last posted 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%. Equities analysts predict that PDF Solutions, Inc. will post 0.36 EPS for the current year.

Analyst Upgrades and Downgrades

Separately, DA Davidson restated 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 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.