Vanguard Group Inc. Has $60.36 Million Stock Holdings in PDF Solutions, Inc. $PDFS

Key Points

• Vanguard Group Inc. reduced its holdings in PDF Solutions, Inc. by 0.5%, selling 14,492 shares and owning approximately 8.07% of the company, valued at $60,355,000.
• Several institutional investors increased their stakes in PDF Solutions during Q4, with Northern Trust Corp. leading with an 8.8% boost.
• PDF Solutions stock recently traded at $20.03, with a market cap of $790.98 million and a consensus rating of "Moderate Buy" from analysts.

Vanguard Group Inc. lessened its stake in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 0.5% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,158,295 shares of the technology company's stock after selling 14,492 shares during the quarter. Vanguard Group Inc. owned 8.07% of PDF Solutions worth $60,355,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Needham Investment Management LLC boosted its stake in shares of 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 worth $49,218,000 after acquiring an additional 57,950 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in PDF Solutions by 3.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 910,314 shares of the technology company's stock valued at $24,652,000 after acquiring an additional 34,575 shares during the period. Northern Trust Corp lifted its stake in PDF Solutions by 8.8% during the fourth quarter. Northern Trust Corp now owns 405,286 shares of the technology company's stock worth $10,975,000 after purchasing an additional 32,890 shares during the period. Silverberg Bernstein Capital Management LLC lifted its stake in PDF Solutions by 9.3% during the first quarter. Silverberg Bernstein Capital Management LLC now owns 328,316 shares of the technology company's stock worth $6,274,000 after purchasing an additional 27,980 shares during the period. Finally, Principal Financial Group Inc. lifted its stake in PDF Solutions by 2.3% during the first quarter. Principal Financial Group Inc. now owns 154,887 shares of the technology company's stock worth $2,960,000 after purchasing an additional 3,525 shares during the period. 79.51% of the stock is owned by hedge funds and other institutional investors.

PDF Solutions Stock Performance

PDF Solutions stock traded up $0.49 during midday trading on Friday, reaching $20.45. 337,680 shares of the company's stock were exchanged, compared to its average volume of 332,677. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $33.42. The company has a debt-to-equity ratio of 0.26, a quick ratio of 2.37 and a current ratio of 2.37. The firm has a market cap of $807.57 million, a price-to-earnings ratio of 1,023.01 and a beta of 1.40. The stock's 50-day simple moving average is $21.76 and its 200 day simple moving average is $20.52.

Analysts Set New Price Targets

PDFS has been the topic of several research analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $31.00 price objective on shares of PDF Solutions in a research note on Tuesday, August 5th. DA Davidson raised shares of PDF Solutions to a "hold" rating in a research note on Monday, August 18th. Finally, Wall Street Zen cut 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 issued a Hold rating to the company's stock. According to MarketBeat.com, PDF Solutions currently has a consensus rating of "Moderate Buy" and an average target price 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.