Creative Planning Makes New Investment in PDF Solutions, Inc. (NASDAQ:PDFS)

Creative Planning acquired a new position in PDF Solutions, Inc. (NASDAQ:PDFS) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 10,776 shares of the technology company’s stock, valued at approximately $341,000.

A number of other large investors have also added to or reduced their stakes in the company. Inspire Investing LLC increased its stake in PDF Solutions by 37.6% in the 3rd quarter. Inspire Investing LLC now owns 13,055 shares of the technology company’s stock worth $414,000 after acquiring an additional 3,567 shares during the last quarter. GAMMA Investing LLC increased its stake in PDF Solutions by 77.3% in 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 during the last quarter. SG Americas Securities LLC increased its stake in PDF Solutions by 44.4% in the 3rd quarter. SG Americas Securities LLC now owns 13,374 shares of the technology company’s stock worth $424,000 after acquiring an additional 4,113 shares during the last quarter. Dana Investment Advisors Inc. increased its stake in PDF Solutions by 0.9% in the 2nd quarter. Dana Investment Advisors Inc. now owns 54,664 shares of the technology company’s stock worth $1,989,000 after acquiring an additional 491 shares during the last quarter. Finally, Algert Global LLC boosted its holdings in shares of PDF Solutions by 6.7% in the 2nd quarter. Algert Global LLC now owns 49,873 shares of the technology company’s stock worth $1,814,000 after purchasing an additional 3,114 shares during the period. Institutional investors own 79.51% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on PDFS. DA Davidson reiterated a “buy” rating and issued a $42.00 target price on shares of PDF Solutions in a report on Wednesday, August 28th. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a report on Friday.

PDF Solutions Stock Up 3.2 %

PDFS opened at $33.16 on Friday. The business has a fifty day moving average of $29.91 and a 200 day moving average of $32.50. PDF Solutions, Inc. has a 52-week low of $27.69 and a 52-week high of $39.70. The stock has a market cap of $1.28 billion, a P/E ratio of -414.50 and a beta of 1.49.

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 the consensus estimate 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 business had revenue of $41.66 million during the quarter, compared to analysts’ expectations of $41.60 million. Equities analysts anticipate that PDF Solutions, Inc. will post 0.36 EPS 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.