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

Wasatch Advisors LP reduced its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 1.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,251,706 shares of the technology company’s stock after selling 22,957 shares during the period. Wasatch Advisors LP owned 3.23% of PDF Solutions worth $39,654,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of PDFS. Vanguard Group Inc. raised its stake in PDF Solutions by 2.5% in the first quarter. Vanguard Group Inc. now owns 3,168,212 shares of the technology company’s stock worth $106,674,000 after buying an additional 78,543 shares in the last quarter. CANADA LIFE ASSURANCE Co raised its stake in PDF Solutions by 13.0% in the first quarter. CANADA LIFE ASSURANCE Co now owns 37,590 shares of the technology company’s stock worth $1,267,000 after buying an additional 4,331 shares in the last quarter. Price T Rowe Associates Inc. MD raised its stake in PDF Solutions by 17.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,784 shares of the technology company’s stock worth $296,000 after buying an additional 1,317 shares in the last quarter. GAMMA Investing LLC raised its stake in PDF Solutions by 98.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock worth $35,000 after buying an additional 479 shares in the last quarter. Finally, SG Americas Securities LLC purchased a new stake in PDF Solutions in the second quarter worth about $337,000. 79.51% of the stock is owned by institutional investors.

PDF Solutions Stock Up 3.6 %

NASDAQ:PDFS opened at $31.60 on Friday. The company’s 50 day moving average price is $30.46 and its 200-day moving average price is $32.44. 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 price-to-earnings ratio of 287.30 and a beta of 1.49.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on PDFS shares. DA Davidson restated a “buy” rating and issued a $42.00 price objective on shares of PDF Solutions in a report on Wednesday, August 28th. Rosenblatt Securities restated a “buy” rating and issued a $40.00 price objective on shares of PDF Solutions in a report on Friday, November 8th. Finally, StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th.

About PDF Solutions

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.