Algert Global LLC Makes New 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 purchased a new stake in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 74,420 shares of the technology company's stock, valued at approximately $1,422,000. Algert Global LLC owned 0.19% of PDF Solutions at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in the company. GAMMA Investing LLC boosted its holdings in shares of PDF Solutions by 100.8% in the first quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock valued at $35,000 after acquiring an additional 931 shares in the last quarter. New York State Common Retirement Fund boosted its holdings in shares of PDF Solutions by 206.0% in the first quarter. New York State Common Retirement Fund now owns 27,111 shares of the technology company's stock valued at $518,000 after acquiring an additional 18,250 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of PDF Solutions by 50.7% in the fourth quarter. Bank of America Corp DE now owns 90,851 shares of the technology company's stock valued at $2,460,000 after acquiring an additional 30,548 shares in the last quarter. SG Americas Securities LLC boosted its holdings in shares of PDF Solutions by 391.4% in the first quarter. SG Americas Securities LLC now owns 20,287 shares of the technology company's stock valued at $388,000 after acquiring an additional 16,159 shares in the last quarter. Finally, Legato Capital Management LLC bought a new position in shares of PDF Solutions in the first quarter valued at approximately $361,000. Institutional investors and hedge funds own 79.51% of the company's stock.

PDF Solutions Trading Down 1.9%

PDF Solutions stock traded down $0.39 during midday trading on Monday, reaching $19.89. The stock had a trading volume of 155,003 shares, compared to its average volume of 324,113. The firm's fifty day simple moving average is $21.75 and its two-hundred day simple moving average is $20.64. PDF Solutions, Inc. has a twelve month low of $15.91 and a twelve month high of $33.42. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.37 and a quick ratio of 2.37. The firm has a market cap of $785.46 million, a price-to-earnings ratio of 995.00 and a beta of 1.40.

Wall Street Analysts Forecast Growth

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

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.