UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 13,833 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lessened its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 18.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 60,944 shares of the technology company’s stock after selling 13,833 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.16% of PDF Solutions worth $1,931,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of PDFS. William Blair Investment Management LLC raised its position in PDF Solutions by 13.9% in the 2nd quarter. William Blair Investment Management LLC now owns 743,635 shares of the technology company’s stock worth $27,053,000 after purchasing an additional 90,789 shares during the last quarter. Herald Investment Management Ltd bought a new position in PDF Solutions in the 2nd quarter worth approximately $2,725,000. Divisar Capital Management LLC raised its position in PDF Solutions by 9.1% in the 2nd quarter. Divisar Capital Management LLC now owns 595,583 shares of the technology company’s stock worth $21,667,000 after purchasing an additional 49,762 shares during the last quarter. Bank of Montreal Can bought a new stake in shares of PDF Solutions during the 2nd quarter valued at $1,538,000. Finally, Kings Path Partners LLC bought a new stake in shares of PDF Solutions during the 2nd quarter valued at $1,295,000. Institutional investors own 79.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. Rosenblatt Securities reiterated a “buy” rating and set a $40.00 target price on shares of PDF Solutions in a research report on Friday, November 8th. StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Finally, DA Davidson reiterated a “buy” rating and set a $42.00 target price on shares of PDF Solutions in a research report on Wednesday, August 28th.

PDF Solutions Stock Down 0.7 %

PDFS opened at $30.18 on Monday. PDF Solutions, Inc. has a 12 month low of $27.69 and a 12 month high of $39.70. The company has a fifty day simple moving average of $30.46 and a 200 day simple moving average of $32.14. The stock has a market cap of $1.17 billion, a P/E ratio of 274.39 and a beta of 1.51.

Insider Activity at PDF Solutions

In related news, Director Nancy Erba sold 2,000 shares of the company’s stock in a transaction on Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total value of $61,620.00. Following the completion of the transaction, the director now directly owns 13,739 shares of the company’s stock, valued at approximately $423,298.59. This represents a 12.71 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 11.13% of the stock is owned by corporate insiders.

PDF Solutions Company 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.