PDF Solutions, Inc. $PDFS is Samjo Management LLC's 4th Largest Position

Key Points

• Samjo Management LLC has reduced its stake in PDF Solutions, Inc. by 10.8%, now holding 870,174 shares, which represents 7.0% of their portfolio and makes it their 4th largest position.
• Several other institutional investors have also adjusted their positions in PDF Solutions, with notable increases from firms like Russell Investments Group Ltd. (33.5% increase) and Public Sector Pension Investment Board (26.7% increase).
• Analysts have mixed ratings on PDF Solutions, with one brokerage raising its rating to "hold" while another reaffirmed a "buy" with a price target of $31.00, leading to an average consensus price target of $33.33.

Samjo Management LLC trimmed its position in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 10.8% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 870,174 shares of the technology company's stock after selling 105,740 shares during the period. PDF Solutions comprises 7.0% of Samjo Management LLC's portfolio, making the stock its 4th biggest holding. Samjo Management LLC owned about 2.22% of PDF Solutions worth $16,629,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in PDFS. AlphaQuest LLC bought a new position in shares of PDF Solutions in the 1st quarter worth approximately $308,000. Quantbot Technologies LP purchased a new stake in PDF Solutions during the first quarter valued at approximately $255,000. Algert Global LLC bought a new position in PDF Solutions in the first quarter worth approximately $1,422,000. Russell Investments Group Ltd. boosted its stake in shares of PDF Solutions by 33.5% during the 1st quarter. Russell Investments Group Ltd. now owns 259,090 shares of the technology company's stock worth $4,951,000 after acquiring an additional 65,065 shares during the last quarter. Finally, Public Sector Pension Investment Board grew its position in shares of PDF Solutions by 26.7% during the 1st quarter. Public Sector Pension Investment Board now owns 98,318 shares of the technology company's stock valued at $1,879,000 after acquiring an additional 20,693 shares during the period. 79.51% of the stock is currently owned by institutional investors.

PDF Solutions Price Performance

NASDAQ:PDFS opened at $20.28 on Friday. The business's 50-day simple moving average is $21.75 and its two-hundred day simple moving average is $20.80. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $33.42. The stock has a market cap of $800.86 million, a PE ratio of 1,014.51 and a beta of 1.40. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.26.

Analysts Set New Price Targets

A number of brokerages recently commented on PDFS. DA Davidson raised PDF Solutions to a "hold" rating in a report on Monday, August 18th. Rosenblatt Securities reaffirmed a "buy" rating and set a $31.00 price objective on shares of PDF Solutions in a research report on Tuesday, August 5th. Finally, Wall Street Zen downgraded PDF Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Two research analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, PDF Solutions currently has an average rating of "Moderate Buy" and a consensus price target of $33.33.

PDF Solutions Company 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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