16,105 Shares in PDF Solutions, Inc. $PDFS Acquired by AlphaQuest LLC

Key Points

• AlphaQuest LLC has acquired a new stake in PDF Solutions, Inc., purchasing 16,105 shares valued at approximately $308,000.
• A substantial portion of PDF Solutions' stock, 79.51%, is now owned by hedge funds and institutional investors, reflecting increased interest in the company.
• Research analysts have mixed ratings for PDF Solutions, with an average rating of "Moderate Buy" and a consensus target price of $33.33.

AlphaQuest LLC bought a new stake in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 16,105 shares of the technology company's stock, valued at approximately $308,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in PDFS. Needham Investment Management LLC boosted its position in shares of PDF Solutions by 3.3% during the fourth quarter. Needham Investment Management LLC now owns 1,817,500 shares of the technology company's stock worth $49,218,000 after buying an additional 57,950 shares during the period. Dimensional Fund Advisors LP raised its holdings in PDF Solutions by 3.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 910,314 shares of the technology company's stock worth $24,652,000 after acquiring an additional 34,575 shares in the last quarter. Northern Trust Corp raised its holdings in PDF Solutions by 8.8% during the fourth quarter. Northern Trust Corp now owns 405,286 shares of the technology company's stock worth $10,975,000 after acquiring an additional 32,890 shares in the last quarter. Silverberg Bernstein Capital Management LLC raised its holdings in PDF Solutions by 9.3% during the first quarter. Silverberg Bernstein Capital Management LLC now owns 328,316 shares of the technology company's stock worth $6,274,000 after acquiring an additional 27,980 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in PDF Solutions by 4.4% during the first quarter. Charles Schwab Investment Management Inc. now owns 282,752 shares of the technology company's stock worth $5,403,000 after acquiring an additional 11,920 shares in the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

PDFS has been the topic of several research analyst reports. DA Davidson upgraded PDF Solutions to a "hold" rating in a research note on Monday, August 18th. Rosenblatt Securities reiterated a "buy" rating and issued a $31.00 price target on shares of PDF Solutions in a research note on Tuesday, August 5th. Finally, Wall Street Zen lowered PDF Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. Two equities research analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $33.33.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS traded down $1.28 during mid-day trading on Tuesday, reaching $19.17. The company had a trading volume of 142,340 shares, compared to its average volume of 254,393. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.26. The firm has a market cap of $757.06 million, a price-to-earnings ratio of 962.98 and a beta of 1.51. The company's 50-day moving average price is $21.77 and its 200-day moving average price is $20.41. PDF Solutions, Inc. has a one year low of $15.91 and a one year high of $33.42.

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.