Algert Global LLC Makes New $1.42 Million Investment in PDF Solutions, Inc. $PDFS

Key Points

• Algert Global LLC has acquired a new position in PDF Solutions, Inc., purchasing 74,420 shares valued at approximately $1.42 million, which represents 0.19% ownership as of the latest filing.
• Several institutional investors have recently increased their stakes in PDF Solutions, indicating strong interest; notable transactions include Herald Investment Management Ltd.'s 166.7% increase and CenterBook Partners LP's 329.9% boost in shares.
• Analysts have issued a consensus rating of "Moderate Buy" for PDF Solutions, with a price target averaging $33.33, despite varied ratings from different research firms.

Algert Global LLC bought a new position in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 74,420 shares of the technology company's stock, valued at approximately $1,422,000. Algert Global LLC owned approximately 0.19% of PDF Solutions as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in PDF Solutions by 3.8% in the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,712 shares of the technology company's stock worth $480,000 after buying an additional 642 shares during the period. Signaturefd LLC raised its holdings in PDF Solutions by 124.1% during the 1st quarter. Signaturefd LLC now owns 1,421 shares of the technology company's stock valued at $27,000 after acquiring an additional 787 shares during the period. GAMMA Investing LLC lifted its position in shares of PDF Solutions by 100.8% during the first quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock worth $35,000 after acquiring an additional 931 shares in the last quarter. MetLife Investment Management LLC boosted its holdings in shares of PDF Solutions by 6.6% in the fourth quarter. MetLife Investment Management LLC now owns 18,994 shares of the technology company's stock worth $514,000 after acquiring an additional 1,173 shares during the period. Finally, LPL Financial LLC grew its position in shares of PDF Solutions by 13.2% in the fourth quarter. LPL Financial LLC now owns 10,101 shares of the technology company's stock valued at $274,000 after purchasing an additional 1,175 shares in the last quarter. Institutional investors own 79.51% of the company's stock.

PDF Solutions Price Performance

Shares of NASDAQ PDFS traded up $0.16 during mid-day trading on Thursday, reaching $19.91. 49,676 shares of the company were exchanged, compared to its average volume of 253,055. The stock has a market capitalization of $786.25 million, a PE ratio of 994.50 and a beta of 1.40. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.26. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $33.42. The company's 50 day moving average price is $21.74 and its 200 day moving average price is $20.63.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Rosenblatt Securities reissued a "buy" rating and set a $31.00 price objective on shares of PDF Solutions in a report on Tuesday, August 5th. DA Davidson upgraded PDF Solutions to a "hold" rating in a research report on Monday, August 18th. Finally, Wall Street Zen downgraded shares of PDF Solutions from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat.com, PDF Solutions has a consensus rating of "Moderate Buy" and an average price target of $33.33.

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.