The Manufacturers Life Insurance Company Increases Stock Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

The Manufacturers Life Insurance Company grew its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 4.5% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,433 shares of the technology company’s stock after purchasing an additional 707 shares during the period. The Manufacturers Life Insurance Company’s holdings in PDF Solutions were worth $598,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. 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 worth $564,000 after acquiring an additional 300 shares during the last quarter. Texas Permanent School Fund Corp lifted its position in shares of PDF Solutions by 1.3% during the 1st quarter. Texas Permanent School Fund Corp now owns 26,788 shares of the technology company’s stock worth $902,000 after purchasing an additional 347 shares during the last quarter. GAMMA Investing LLC grew its stake in shares of PDF Solutions by 98.0% during the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock worth $35,000 after purchasing an additional 479 shares in the last quarter. nVerses Capital LLC purchased a new position in PDF Solutions in the second quarter valued at $25,000. Finally, Price T Rowe Associates Inc. MD raised 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 in the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Price Performance

Shares of PDFS opened at $29.60 on Wednesday. The firm has a fifty day moving average price of $30.50 and a 200 day moving average price of $32.80. The stock has a market cap of $1.14 billion, a PE ratio of 592.00 and a beta of 1.48. PDF Solutions, Inc. has a 1-year low of $26.12 and a 1-year high of $39.70.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results on Thursday, August 8th. The technology company reported $0.06 EPS for the quarter, topping the consensus estimate of $0.03 by $0.03. The company had revenue of $41.66 million for the quarter, compared to analyst estimates of $41.60 million. PDF Solutions had a positive return on equity of 2.78% and a negative net margin of 1.67%. As a group, equities analysts expect that PDF Solutions, Inc. will post 0.36 EPS for the current fiscal year.

Analyst Ratings Changes

Separately, DA Davidson reiterated a “buy” rating and issued a $42.00 price objective on shares of PDF Solutions in a report 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.