Assenagon Asset Management S.A. Has $16.63 Million Stock Position in PDF Solutions, Inc. (NASDAQ:PDFS)

Assenagon Asset Management S.A. boosted its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 76.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 517,479 shares of the technology company’s stock after buying an additional 223,376 shares during the period. Assenagon Asset Management S.A. owned approximately 1.35% of PDF Solutions worth $16,632,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also recently bought and sold shares of the business. Quadrature Capital Ltd raised its position in PDF Solutions by 1.7% during the third quarter. Quadrature Capital Ltd now owns 19,560 shares of the technology company’s stock valued at $634,000 after buying an additional 336 shares during the period. Royal Bank of Canada increased its position in PDF Solutions by 20.6% in the 2nd quarter. Royal Bank of Canada now owns 2,030 shares of the technology company’s stock worth $92,000 after purchasing an additional 347 shares during the last quarter. Barclays PLC increased its position in PDF Solutions by 2.9% in the 2nd quarter. Barclays PLC now owns 15,705 shares of the technology company’s stock worth $708,000 after purchasing an additional 446 shares during the last quarter. Victory Capital Management Inc. increased its position in PDF Solutions by 1.3% in the 3rd quarter. Victory Capital Management Inc. now owns 36,544 shares of the technology company’s stock worth $1,184,000 after purchasing an additional 475 shares during the last quarter. Finally, Rhumbline Advisers increased its position in PDF Solutions by 0.6% in the 2nd quarter. Rhumbline Advisers now owns 86,744 shares of the technology company’s stock worth $3,912,000 after purchasing an additional 478 shares during the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other PDF Solutions news, Director Ye Jane Li sold 1,531 shares of the firm’s stock in a transaction that occurred on Friday, February 23rd. The stock was sold at an average price of $34.00, for a total value of $52,054.00. Following the completion of the sale, the director now owns 21,785 shares in the company, valued at approximately $740,690. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Corporate insiders own 11.21% of the company’s stock.

PDF Solutions Stock Up 0.6 %

Shares of NASDAQ:PDFS opened at $33.24 on Thursday. The business has a 50 day moving average price of $33.38 and a 200 day moving average price of $31.61. PDF Solutions, Inc. has a twelve month low of $26.12 and a twelve month high of $48.02. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 474.86 and a beta of 1.47.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, February 15th. The technology company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. PDF Solutions had a return on equity of 6.09% and a net margin of 1.87%. The firm had revenue of $41.13 million during the quarter, compared to the consensus estimate of $41.00 million. Analysts anticipate that PDF Solutions, Inc. will post 0.36 EPS for the current year.

Analyst Upgrades and Downgrades

PDFS has been the topic of several research reports. TheStreet raised PDF Solutions from a “d+” rating to a “c-” rating in a research report on Wednesday, December 20th. StockNews.com downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research note on Friday, February 16th.

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.