Silverberg Bernstein Capital Management LLC Has $8.95 Million Holdings in PDF Solutions, Inc. $PDFS

Key Points

• Silverberg Bernstein Capital Management LLC has increased its position in PDF Solutions, Inc. by 27.6% during the second quarter, now holding 418,783 shares worth about $8.95 million.
• Other institutional investors such as GAMMA Investing LLC and New York State Common Retirement Fund have also significantly increased their stakes in the company, reflecting growing interest.
• Currently, PDF Solutions has a consensus rating of "Moderate Buy" with an average target price of $33.33, despite a recent downgrade from some analysts.

Silverberg Bernstein Capital Management LLC grew its holdings in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 27.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 418,783 shares of the technology company's stock after purchasing an additional 90,467 shares during the quarter. PDF Solutions makes up approximately 6.2% of Silverberg Bernstein Capital Management LLC's portfolio, making the stock its 5th largest holding. Silverberg Bernstein Capital Management LLC owned 1.07% of PDF Solutions worth $8,954,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Needham Investment Management LLC increased its stake in PDF Solutions by 2.6% during the 1st quarter. Needham Investment Management LLC now owns 1,865,000 shares of the technology company's stock worth $35,640,000 after buying an additional 47,500 shares during the period. Charles Schwab Investment Management Inc. grew its position in PDF Solutions by 4.4% during 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 in the last quarter. Russell Investments Group Ltd. grew its position in PDF Solutions by 33.5% in the first 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 in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its stake in shares of PDF Solutions by 68.4% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 250,159 shares of the technology company's stock worth $4,781,000 after buying an additional 101,587 shares during the last quarter. Finally, Herald Investment Management Ltd lifted its stake in shares of PDF Solutions by 166.7% in the first quarter. Herald Investment Management Ltd now owns 200,000 shares of the technology company's stock worth $3,822,000 after buying an additional 125,000 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company's stock.

PDF Solutions Stock Up 0.8%

PDFS traded up $0.17 during trading on Friday, reaching $22.01. 585,360 shares of the stock were exchanged, compared to its average volume of 263,128. The stock has a market cap of $869.17 million, a P/E ratio of 1,101.05 and a beta of 1.51. PDF Solutions, Inc. has a twelve month low of $15.91 and a twelve month high of $33.42. The stock's 50 day moving average price is $21.14 and its two-hundred day moving average price is $20.19. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.37 and a current ratio of 2.37.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on PDFS shares. Rosenblatt Securities restated a "buy" rating and issued a $31.00 price objective on shares of PDF Solutions in a research note on Tuesday, August 5th. DA Davidson upgraded shares of PDF Solutions to a "hold" rating in a research note on Monday, August 18th. Finally, Wall Street Zen cut shares of PDF Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Two investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and an average target price of $33.33.

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.