PDF Solutions, Inc. (NASDAQ:PDFS) Shares Sold by Principal Financial Group Inc.

Principal Financial Group Inc. lessened its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 3.9% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 146,854 shares of the technology company’s stock after selling 5,889 shares during the period. Principal Financial Group Inc. owned approximately 0.38% of PDF Solutions worth $4,652,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its holdings 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 valued at $106,674,000 after purchasing an additional 78,543 shares during the last quarter. Dimensional Fund Advisors LP raised its stake in PDF Solutions by 1.9% during the 2nd quarter. Dimensional Fund Advisors LP now owns 917,627 shares of the technology company’s stock valued at $33,383,000 after acquiring an additional 16,853 shares in the last quarter. Emerald Advisers LLC raised its stake in PDF Solutions by 2.2% during the 3rd quarter. Emerald Advisers LLC now owns 895,248 shares of the technology company’s stock valued at $28,361,000 after acquiring an additional 19,673 shares in the last quarter. William Blair Investment Management LLC raised its stake in PDF Solutions by 13.9% during the 2nd quarter. William Blair Investment Management LLC now owns 743,635 shares of the technology company’s stock valued at $27,053,000 after acquiring an additional 90,789 shares in the last quarter. Finally, Emerald Mutual Fund Advisers Trust increased its position in shares of PDF Solutions by 1.7% during the 3rd quarter. Emerald Mutual Fund Advisers Trust now owns 728,144 shares of the technology company’s stock valued at $23,068,000 after purchasing an additional 12,224 shares during the period. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Price Performance

Shares of PDFS opened at $30.92 on Friday. The business’s 50 day simple moving average is $30.23 and its 200-day simple moving average is $32.55. PDF Solutions, Inc. has a one year low of $27.69 and a one year high of $39.70. The company has a market capitalization of $1.20 billion, a P/E ratio of 274.66 and a beta of 1.49.

Analyst Ratings Changes

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

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.