Bridge City Capital LLC Makes New Investment in PDF Solutions, Inc. (NASDAQ:PDFS)

Bridge City Capital LLC bought a new stake in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 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 reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PDFS. Silverberg Bernstein Capital Management LLC increased its holdings in PDF Solutions by 9.3% in the 1st 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. GAMMA Investing LLC increased its holdings in PDF Solutions by 3,736.5% in the 1st quarter. GAMMA Investing LLC now owns 35,449 shares of the technology company's stock valued at $677,000 after purchasing an additional 34,525 shares during the last quarter. Wealth Enhancement Advisory Services LLC boosted its holdings in PDF Solutions by 44.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 14,364 shares of the technology company's stock valued at $389,000 after acquiring an additional 4,393 shares during the period. Delta Investment Management LLC purchased a new stake in PDF Solutions during the 4th quarter worth approximately $369,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in PDF Solutions by 7.8% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,725 shares of the technology company's stock valued at $1,780,000 after purchasing an additional 4,781 shares during the period. Institutional investors and hedge funds own 79.51% of the company's stock.

PDF Solutions Trading Up 0.9%

NASDAQ PDFS opened at $19.25 on Monday. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $39.70. The stock has a market cap of $753.43 million, a P/E ratio of 192.50 and a beta of 1.43. The company's fifty day simple moving average is $18.41 and its 200-day simple moving average is $23.47.

Insiders Place Their Bets

In other news, Director Michael B. Gustafson purchased 7,500 shares of PDF Solutions stock in a transaction dated Tuesday, May 13th. The stock was bought at an average price of $19.45 per share, with a total value of $145,875.00. Following the completion of the acquisition, the director now owns 30,074 shares in the company, valued at $584,939.30. The trade was a 33.22% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. 11.09% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on PDFS. DA Davidson reduced their price objective on shares of PDF Solutions from $36.00 to $24.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Wall Street Zen lowered shares of PDF Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Finally, Rosenblatt Securities reduced their price objective on PDF Solutions from $37.00 to $31.00 and set a "buy" rating for the company in a report on Monday, May 5th.

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.

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