79,895 Shares in PDF Solutions, Inc. (NASDAQ:PDFS) Purchased by Bridge City Capital LLC

Bridge City Capital LLC acquired a new stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 79,895 shares of the technology company's stock, valued at approximately $1,527,000. Bridge City Capital LLC owned 0.20% of PDF Solutions at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PDFS. Pitcairn Co. lifted its position in shares of PDF Solutions by 3.1% in the fourth quarter. Pitcairn Co. now owns 13,000 shares of the technology company's stock valued at $352,000 after acquiring an additional 390 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in PDF Solutions by 3.8% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,712 shares of the technology company's stock valued at $480,000 after purchasing an additional 642 shares during the period. KBC Group NV lifted its holdings in PDF Solutions by 91.6% in the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company's stock worth $54,000 after purchasing an additional 956 shares in the last quarter. Swiss National Bank lifted its holdings in PDF Solutions by 1.7% in the 4th quarter. Swiss National Bank now owns 61,000 shares of the technology company's stock worth $1,652,000 after purchasing an additional 1,000 shares in the last quarter. Finally, MetLife Investment Management LLC boosted its stake in PDF Solutions by 6.6% in the 4th quarter. MetLife Investment Management LLC now owns 18,994 shares of the technology company's stock worth $514,000 after purchasing an additional 1,173 shares during the period. 79.51% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

PDFS has been the topic of several recent analyst reports. DA Davidson reduced their price objective on shares of PDF Solutions from $36.00 to $24.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Rosenblatt Securities reduced their price target on shares of PDF Solutions from $37.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, May 5th. Finally, Wall Street Zen downgraded shares of PDF Solutions from a "buy" rating to a "hold" rating in a report on Wednesday, May 14th.

Insiders Place Their Bets

In related news, Director Michael B. Gustafson bought 7,500 shares of the company's stock in a transaction dated Tuesday, May 13th. The stock was purchased at an average price of $19.45 per share, for a total transaction of $145,875.00. Following the acquisition, the director now owns 30,074 shares in the company, valued at $584,939.30. This trade represents a 33.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 11.09% of the stock is currently owned by insiders.

PDF Solutions Stock Performance

NASDAQ:PDFS traded down $0.12 during trading hours on Thursday, reaching $20.15. The stock had a trading volume of 166,690 shares, compared to its average volume of 192,916. The stock has a market capitalization of $788.65 million, a PE ratio of 201.50 and a beta of 1.43. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $39.70. The company has a 50 day moving average price of $18.54 and a two-hundred day moving average price of $23.34.

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.