Jane Street Group LLC Buys 4,271 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Jane Street Group LLC boosted its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 13.3% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,455 shares of the technology company’s stock after buying an additional 4,271 shares during the quarter. Jane Street Group LLC owned approximately 0.09% of PDF Solutions worth $1,155,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. nVerses Capital LLC bought a new position in shares of PDF Solutions during the 2nd quarter worth $25,000. Meeder Asset Management Inc. purchased a new stake in PDF Solutions in the third quarter worth about $37,000. GAMMA Investing LLC grew its holdings in PDF Solutions by 77.3% during the 3rd quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company’s stock worth $54,000 after acquiring an additional 748 shares in the last quarter. Nisa Investment Advisors LLC increased its position in PDF Solutions by 34.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after purchasing an additional 526 shares during the period. Finally, Quest Partners LLC increased its position in PDF Solutions by 20,281.5% during the 2nd quarter. Quest Partners LLC now owns 5,503 shares of the technology company’s stock valued at $200,000 after purchasing an additional 5,476 shares during the period. Institutional investors own 79.51% of the company’s stock.

Wall Street Analyst Weigh In

PDFS has been the topic of a number of recent research reports. Rosenblatt Securities reiterated a “buy” rating and set a $40.00 price objective on shares of PDF Solutions in a research note on Friday, November 8th. Northland Securities restated an “outperform” rating and set a $45.00 target price on shares of PDF Solutions in a report on Tuesday, December 24th. Finally, StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th.

Insider Activity at PDF Solutions

In other news, Director Nancy Erba sold 2,000 shares of the business’s stock in a transaction dated Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total transaction of $61,620.00. Following the sale, the director now owns 13,739 shares in the company, valued at approximately $423,298.59. The trade was a 12.71 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Andrzej Strojwas sold 5,030 shares of the company’s stock in a transaction dated Monday, December 16th. The shares were sold at an average price of $30.85, for a total transaction of $155,175.50. Following the transaction, the insider now owns 94,717 shares in the company, valued at approximately $2,922,019.45. This trade represents a 5.04 % decrease in their position. The disclosure for this sale can be found here. 11.13% of the stock is currently owned by corporate insiders.

PDF Solutions Stock Performance

NASDAQ:PDFS opened at $27.89 on Monday. The company’s 50-day simple moving average is $30.19 and its 200-day simple moving average is $31.70. PDF Solutions, Inc. has a fifty-two week low of $27.52 and a fifty-two week high of $39.70. The stock has a market capitalization of $1.08 billion, a P/E ratio of 253.57 and a beta of 1.51.

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.