Federated Hermes Inc. Makes New $290,000 Investment in PDF Solutions, Inc. (NASDAQ:PDFS)

Key Points

• Federated Hermes Inc. has invested approximately $290,000 in PDF Solutions, acquiring 15,154 shares during the first quarter, as revealed in a Form 13F filing with the SEC.
• Institutional investors currently hold 79.51% of PDF Solutions' stock, highlighting significant interest from the investment community.
• Stock analysts have mixed ratings for PDF Solutions, with DA Davidson lowering its rating from "strong-buy" to "hold," setting a target price of $24.00, while Rosenblatt Securities maintains a "buy" rating with a target of $31.00.

Federated Hermes Inc. acquired a new stake in shares of 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 institutional investor acquired 15,154 shares of the technology company's stock, valued at approximately $290,000.

Several other hedge funds also recently made changes to their positions in PDFS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position 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 valued at $480,000 after acquiring an additional 642 shares during the period. Signaturefd LLC boosted its position in PDF Solutions by 124.1% during the 1st quarter. Signaturefd LLC now owns 1,421 shares of the technology company's stock worth $27,000 after acquiring an additional 787 shares during the period. GAMMA Investing LLC grew its stake 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 worth $35,000 after purchasing an additional 931 shares in the last quarter. MetLife Investment Management LLC increased its holdings in shares of PDF Solutions by 6.6% during the fourth quarter. MetLife Investment Management LLC now owns 18,994 shares of the technology company's stock valued at $514,000 after purchasing an additional 1,173 shares during the period. Finally, LPL Financial LLC raised its stake in shares of PDF Solutions by 13.2% during 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 and hedge funds own 79.51% of the company's stock.

Analysts Set New Price Targets

A number of research firms recently commented on PDFS. Wall Street Zen lowered shares of PDF Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Rosenblatt Securities reaffirmed a "buy" rating and set a $31.00 target price on shares of PDF Solutions in a report on Tuesday, August 5th. Finally, DA Davidson cut PDF Solutions from a "strong-buy" rating to a "hold" rating and set a $24.00 price target on the stock. in a research note on Friday, August 8th.

PDF Solutions Stock Down 4.4%

Shares of PDFS traded down $0.88 during mid-day trading on Thursday, reaching $19.20. The company's stock had a trading volume of 116,109 shares, compared to its average volume of 251,754. The company has a market cap of $758.21 million, a price-to-earnings ratio of 960.48 and a beta of 1.40. The business has a fifty day moving average of $21.79 and a 200 day moving average of $21.15. 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 1 year low of $15.91 and a 1 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.