PDF Solutions, Inc. (NASDAQ:PDFS) Shares Sold by Inspire Investing LLC

Inspire Investing LLC cut its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 11.0% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,488 shares of the technology company’s stock after selling 1,169 shares during the quarter. Inspire Investing LLC’s holdings in PDF Solutions were worth $345,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Ranger Investment Management L.P. increased its position in shares of PDF Solutions by 49.1% during the fourth quarter. Ranger Investment Management L.P. now owns 769,650 shares of the technology company’s stock worth $24,737,000 after acquiring an additional 253,393 shares during the period. Vanguard Group Inc. raised its position in PDF Solutions by 5.5% in the 4th quarter. Vanguard Group Inc. now owns 3,089,669 shares of the technology company’s stock valued at $99,302,000 after purchasing an additional 160,441 shares in the last quarter. Wasatch Advisors LP boosted its stake in shares of PDF Solutions by 12.4% in the 4th quarter. Wasatch Advisors LP now owns 1,287,236 shares of the technology company’s stock valued at $41,372,000 after buying an additional 141,752 shares during the period. Janus Henderson Group PLC grew its position in shares of PDF Solutions by 20.9% during the first quarter. Janus Henderson Group PLC now owns 562,326 shares of the technology company’s stock worth $18,934,000 after buying an additional 97,060 shares in the last quarter. Finally, William Blair Investment Management LLC increased its stake in shares of PDF Solutions by 13.9% during the second quarter. William Blair Investment Management LLC now owns 743,635 shares of the technology company’s stock worth $27,053,000 after buying an additional 90,789 shares during the period. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Price Performance

Shares of NASDAQ PDFS opened at $30.45 on Wednesday. PDF Solutions, Inc. has a 1 year low of $26.12 and a 1 year high of $39.70. The company has a market capitalization of $1.17 billion, a price-to-earnings ratio of 609.00 and a beta of 1.49. The business has a 50-day moving average of $31.51 and a two-hundred day moving average of $33.10.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, August 8th. The technology company reported $0.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $41.66 million during the quarter, compared to the consensus estimate of $41.60 million. As a group, equities research analysts expect that PDF Solutions, Inc. will post 0.36 earnings per share for the current 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 note on Wednesday, August 28th.

PDF Solutions 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.