Samjo Management LLC Lowers Stake in PDF Solutions, Inc. $PDFS

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 lessened its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 10.8% in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 870,174 shares of the technology company's stock after selling 105,740 shares during the quarter. PDF Solutions comprises 7.0% of Samjo Management LLC's portfolio, making the stock its 4th largest holding. Samjo Management LLC owned approximately 2.22% of PDF Solutions worth $16,629,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in the stock. Needham Investment Management LLC grew its holdings in PDF Solutions by 3.3% during the 4th quarter. Needham Investment Management LLC now owns 1,817,500 shares of the technology company's stock valued at $49,218,000 after buying an additional 57,950 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in PDF Solutions by 3.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 910,314 shares of the technology company's stock worth $24,652,000 after buying an additional 34,575 shares in the last quarter. Northern Trust Corp lifted its position in PDF Solutions by 8.8% in the fourth quarter. Northern Trust Corp now owns 405,286 shares of the technology company's stock valued at $10,975,000 after purchasing an additional 32,890 shares during the last quarter. Silverberg Bernstein Capital Management LLC lifted its position in PDF Solutions by 9.3% in the first quarter. Silverberg Bernstein Capital Management LLC now owns 328,316 shares of the technology company's stock valued at $6,274,000 after purchasing an additional 27,980 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. lifted its position in PDF Solutions by 4.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 282,752 shares of the technology company's stock valued at $5,403,000 after purchasing an additional 11,920 shares during the last quarter. Hedge funds and other institutional investors own 79.51% of the company's stock.

PDF Solutions Stock Performance

PDFS stock traded up $0.26 during trading on Thursday, reaching $20.01. The stock had a trading volume of 89,620 shares, compared to its average volume of 253,315. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $33.42. The stock's 50 day moving average is $21.74 and its two-hundred day moving average is $20.63. 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 $790.19 million, a PE ratio of 1,001.00 and a beta of 1.40.

Analyst Ratings Changes

A number of brokerages recently commented on PDFS. DA Davidson upgraded PDF Solutions to a "hold" rating in a report on Monday, August 18th. Wall Street Zen cut PDF Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $31.00 target price on shares of PDF Solutions in a research note on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, PDF Solutions has a consensus 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.