11,400 Shares in PDF Solutions, Inc. $PDFS Bought by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp acquired a new stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) during the second quarter, HoldingsChannel.com reports. The institutional investor acquired 11,400 shares of the technology company’s stock, valued at approximately $807,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. BlackRock Inc. bought a new position in PDF Solutions in the second quarter worth about $392,908,000. Barrow Hanley Mewhinney & Strauss LLC bought a new stake in shares of PDF Solutions in the 2nd quarter valued at about $93,416,000. Wasatch Advisors LP grew its position in shares of PDF Solutions by 171.9% in the 2nd quarter. Wasatch Advisors LP now owns 1,380,739 shares of the technology company’s stock worth $97,743,000 after buying an additional 873,002 shares during the last quarter. Ophir Asset Management Pty Ltd bought a new position in shares of PDF Solutions during the 4th quarter worth approximately $20,631,000. Finally, William Blair Investment Management LLC bought a new position in shares of PDF Solutions during the 2nd quarter worth approximately $39,234,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

Insider Buying and Selling at PDF Solutions

In other news, Director Shuo Zhang sold 1,501 shares of the stock in a transaction dated Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total value of $77,256.47. Following the transaction, the director directly owned 23,380 shares of the company’s stock, valued at approximately $1,203,368.60. This represents a 6.03% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 11.08% of the company’s stock.

PDF Solutions Trading Up 2.7%

NASDAQ:PDFS opened at $46.15 on Friday. The company has a market capitalization of $1.84 billion, a P/E ratio of 184.60 and a beta of 1.67. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.17. PDF Solutions, Inc. has a 12 month low of $18.93 and a 12 month high of $71.68. The firm has a fifty day simple moving average of $52.79 and a 200-day simple moving average of $45.54.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.27. The firm had revenue of $61.53 million for the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. On average, equities research analysts anticipate that PDF Solutions, Inc. will post 0.77 earnings per share for the current year.

Analyst Upgrades and Downgrades

PDFS has been the subject of several recent analyst reports. Rosenblatt Securities restated a “buy” rating and issued a $63.00 target price on shares of PDF Solutions in a research note on Friday, August 7th. Weiss Ratings raised PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. DA Davidson set a $74.00 price objective on PDF Solutions in a report on Monday, August 17th. Sanford C. Bernstein initiated coverage on PDF Solutions in a research report on Tuesday, August 11th. They issued an “outperform” rating and a $65.00 price objective for the company. Finally, Wells Fargo & Company began coverage on PDF Solutions in a research note on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 target price on the stock. Three analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. According to MarketBeat, PDF Solutions has a consensus rating of “Moderate Buy” and a consensus price target of $63.00.

About PDF Solutions

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.