15,392 Shares in PDF Solutions, Inc. $PDFS Bought by The Manufacturers Life Insurance Company

The Manufacturers Life Insurance Company acquired a new position in PDF Solutions, Inc. (NASDAQ:PDFS) during the second quarter, according to the company in its most recent filing with the SEC. The fund acquired 15,392 shares of the technology company’s stock, valued at approximately $1,090,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Deutsche Bank AG purchased a new stake in shares of PDF Solutions during the second quarter worth about $9,382,000. Sei Investments Co. boosted its holdings in PDF Solutions by 114.2% in the first quarter. Sei Investments Co. now owns 90,393 shares of the technology company’s stock valued at $2,957,000 after purchasing an additional 48,184 shares during the last quarter. Janus Henderson Group PLC grew its stake in PDF Solutions by 13.5% during the 1st quarter. Janus Henderson Group PLC now owns 1,035,666 shares of the technology company’s stock valued at $33,877,000 after purchasing an additional 123,531 shares in the last quarter. Arete Wealth Advisors LLC acquired a new stake in PDF Solutions during the 1st quarter valued at approximately $985,000. Finally, William Blair Investment Management LLC purchased a new stake in PDF Solutions during the 2nd quarter worth approximately $39,234,000. 79.51% of the stock is owned by hedge funds and other institutional investors.

PDF Solutions Price Performance

Shares of NASDAQ PDFS opened at $45.65 on Friday. PDF Solutions, Inc. has a twelve month low of $19.17 and a twelve month high of $71.68. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.17. The company has a market capitalization of $1.82 billion, a price-to-earnings ratio of 182.60 and a beta of 1.64. The business has a 50 day simple moving average of $50.31 and a 200-day simple moving average of $45.94.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $0.27. The business had revenue of $61.53 million during the quarter, compared to analyst estimates of $61.17 million. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. As a group, equities research analysts expect that PDF Solutions, Inc. will post 0.77 earnings per share for the current year.

Insider Activity

In related news, CTO Andrzej Strojwas sold 3,394 shares of the firm’s stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $44.41, for a total transaction of $150,727.54. Following the completion of the sale, the chief technology officer directly owned 90,965 shares in the company, valued at approximately $4,039,755.65. This trade represents a 3.60% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Shuo Zhang sold 1,501 shares of the stock in a transaction on Wednesday, August 12th. The shares were sold at an average price of $51.47, for a total value of $77,256.47. Following the completion of the transaction, the director owned 23,380 shares of the company’s stock, valued at $1,203,368.60. This trade represents a 6.03% decrease in their position. The disclosure for this sale is available in the SEC filing. 11.08% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on PDFS shares. Sanford C. Bernstein assumed coverage on PDF Solutions in a research report on Tuesday, August 11th. They issued an “outperform” rating and a $65.00 target price on the stock. Wells Fargo & Company began coverage on shares of PDF Solutions in a research report on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 price target for the company. Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a research note on Saturday, August 8th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $63.00 price target on shares of PDF Solutions in a report on Friday, August 7th. Finally, Weiss Ratings upgraded shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Three equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average 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.