17,800 Shares in PDF Solutions, Inc. $PDFS Bought by Kings Path Partners LLC

Kings Path Partners LLC acquired a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 17,800 shares of the technology company’s stock, valued at approximately $909,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PDFS. BlackRock Inc. acquired a new stake in PDF Solutions during the 2nd quarter valued at $392,908,000. Barrow Hanley Mewhinney & Strauss LLC purchased a new position in PDF Solutions during the second quarter worth $93,416,000. Ranger Investment Management L.P. acquired a new position in shares of PDF Solutions in the second quarter worth $81,384,000. Jupiter Topco LLC acquired a new position in shares of PDF Solutions in the second quarter worth $65,677,000. Finally, Wasatch Advisors LP raised its holdings in shares of PDF Solutions by 171.9% in the second quarter. Wasatch Advisors LP now owns 1,380,739 shares of the technology company’s stock worth $97,743,000 after acquiring an additional 873,002 shares during the last quarter. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Up 6.9%

PDFS stock opened at $44.01 on Thursday. The stock has a market capitalization of $1.76 billion, a P/E ratio of 176.04 and a beta of 1.66. The company has a debt-to-equity ratio of 0.17, a quick ratio of 3.45 and a current ratio of 3.45. PDF Solutions, Inc. has a one year low of $23.55 and a one year high of $71.68. The company has a 50 day moving average price of $46.99 and a two-hundred day moving average price of $49.38.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share for the quarter, meeting the consensus estimate of $0.27. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. The company had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. As a group, sell-side analysts expect that PDF Solutions, Inc. will post 0.78 EPS for the current year.

Analysts Set New Price Targets

A number of analysts recently commented on PDFS shares. Sanford C. Bernstein initiated coverage on PDF Solutions in a research note on Tuesday, August 11th. They set an “outperform” rating and a $65.00 price objective on the stock. Royal Bank Of Canada downgraded shares of PDF Solutions to an “outperform” rating in a research note on Tuesday, September 8th. Morgan Stanley initiated coverage on shares of PDF Solutions in a research note on Tuesday, September 8th. They issued an “overweight” rating and a $62.00 target price for the company. Weiss Ratings upgraded shares of PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a report on Friday, August 21st. Finally, Wells Fargo & Company began coverage on shares of PDF Solutions in a research note on Tuesday, August 4th. They set an “equal weight” rating and a $50.00 price target on the stock. Six analysts have rated the stock with a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, PDF Solutions presently has an average rating of “Moderate Buy” and a consensus price target of $61.33.

Insiders Place Their Bets

In related news, CTO Andrzej Strojwas sold 3,394 shares of the stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $44.41, for a total transaction of $150,727.54. Following the transaction, the chief technology officer directly owned 90,965 shares in the company, valued at approximately $4,039,755.65. This represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, 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 owned 23,380 shares in the company, valued at $1,203,368.60. This trade represents a 6.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. 11.08% of the stock is owned by insiders.

PDF Solutions Company Profile

PDF Solutions, Inc (NASDAQ: PDFS) provides software, analytics and engineering services for the semiconductor industry. Its solutions help chip manufacturers and their supply-chain partners collect, integrate and analyze data from design, wafer fabrication, assembly, packaging and testing operations.

The company’s product portfolio includes the Exensio platform, which is designed to support semiconductor manufacturing analytics, yield improvement, quality management, test optimization and supply-chain visibility.