Texas Permanent School Fund Corp Sells 2,261 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Texas Permanent School Fund Corp trimmed its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 8.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 24,527 shares of the technology company’s stock after selling 2,261 shares during the period. Texas Permanent School Fund Corp owned 0.06% of PDF Solutions worth $892,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of PDFS. Louisiana State Employees Retirement System increased its position in PDF Solutions by 2.0% in the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock worth $564,000 after buying an additional 300 shares in the last quarter. GAMMA Investing LLC grew its stake in shares of PDF Solutions by 98.0% during the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock valued at $35,000 after acquiring an additional 479 shares during the period. nVerses Capital LLC bought a new position in shares of PDF Solutions during the 2nd quarter valued at approximately $25,000. Price T Rowe Associates Inc. MD increased its holdings in PDF Solutions by 17.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,784 shares of the technology company’s stock worth $296,000 after acquiring an additional 1,317 shares in the last quarter. Finally, Quest Partners LLC bought a new stake in PDF Solutions during the 4th quarter worth approximately $72,000. 79.51% of the stock is owned by institutional investors.

PDF Solutions Stock Down 1.9 %

NASDAQ:PDFS opened at $29.80 on Friday. The business’s 50-day simple moving average is $31.86 and its two-hundred day simple moving average is $33.17. PDF Solutions, Inc. has a 52 week low of $26.12 and a 52 week high of $39.70. The stock has a market cap of $1.15 billion, a PE ratio of 596.00 and a beta of 1.49.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, August 8th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.03 by $0.03. PDF Solutions had a positive return on equity of 2.78% and a negative net margin of 1.67%. The company had revenue of $41.66 million for the quarter, compared to the consensus estimate of $41.60 million. Sell-side analysts anticipate that PDF Solutions, Inc. will post 0.36 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Separately, DA Davidson reiterated a “buy” rating and issued a $42.00 price target on shares of PDF Solutions in a research report on Wednesday, August 28th.

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.