AQR Capital Management LLC Has $1.46 Million Stock Position in PDF Solutions, Inc. (NASDAQ:PDFS)

AQR Capital Management LLC reduced its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 28.4% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 40,250 shares of the technology company’s stock after selling 15,980 shares during the quarter. AQR Capital Management LLC owned about 0.10% of PDF Solutions worth $1,464,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in PDFS. Louisiana State Employees Retirement System lifted its stake 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 valued at $564,000 after buying an additional 300 shares during the period. Texas Permanent School Fund Corp lifted its stake in PDF Solutions by 1.3% in the first quarter. Texas Permanent School Fund Corp now owns 26,788 shares of the technology company’s stock valued at $902,000 after buying an additional 347 shares during the period. GAMMA Investing LLC lifted its stake in PDF Solutions by 98.0% in the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock valued at $35,000 after buying an additional 479 shares during the period. nVerses Capital LLC acquired a new position in PDF Solutions in the second quarter valued at approximately $25,000. Finally, Price T Rowe Associates Inc. MD lifted its stake in PDF Solutions by 17.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 8,784 shares of the technology company’s stock valued at $296,000 after buying an additional 1,317 shares during the period. 79.51% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Separately, DA Davidson reissued 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 Stock Down 0.9 %

Shares of NASDAQ:PDFS opened at $30.40 on Friday. PDF Solutions, Inc. has a twelve month low of $26.12 and a twelve month high of $39.70. The stock’s 50 day moving average is $30.46 and its 200-day moving average is $32.88. The firm has a market capitalization of $1.17 billion, a price-to-earnings ratio of 608.00 and a beta of 1.48.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, August 8th. The technology company reported $0.06 earnings per share for the quarter, topping 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 company had revenue of $41.66 million for the quarter, compared to analyst estimates of $41.60 million. Equities research analysts anticipate that PDF Solutions, Inc. will post 0.36 earnings per share for the current fiscal year.

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.