Petrus Trust Company LTA Invests $418,000 in PDF Solutions, Inc. $PDFS

Petrus Trust Company LTA bought a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 21,886 shares of the technology company's stock, valued at approximately $418,000. Petrus Trust Company LTA owned 0.06% of PDF Solutions at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in PDFS. Nuveen LLC bought a new position in shares of PDF Solutions during the 1st quarter worth approximately $2,628,000. Herald Investment Management Ltd boosted its stake in PDF Solutions by 166.7% in the 1st quarter. Herald Investment Management Ltd now owns 200,000 shares of the technology company's stock valued at $3,822,000 after purchasing an additional 125,000 shares during the period. Penn Capital Management Company LLC bought a new stake in PDF Solutions in the 1st quarter valued at $2,076,000. Connor Clark & Lunn Investment Management Ltd. boosted its stake in PDF Solutions by 68.4% in the 1st quarter. Connor Clark & Lunn Investment Management Ltd. now owns 250,159 shares of the technology company's stock valued at $4,781,000 after purchasing an additional 101,587 shares during the period. Finally, CenterBook Partners LP boosted its stake in PDF Solutions by 329.9% in the 1st quarter. CenterBook Partners LP now owns 116,911 shares of the technology company's stock valued at $2,234,000 after purchasing an additional 89,718 shares during the period. 79.51% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research firms recently issued reports on PDFS. Rosenblatt Securities restated a "buy" rating and issued a $31.00 price target on shares of PDF Solutions in a research note on Tuesday, August 5th. DA Davidson upgraded PDF Solutions to a "hold" rating in a research note on Monday, August 18th. Finally, Wall Street Zen downgraded PDF Solutions from a "buy" rating to a "hold" rating in a research note on Saturday, July 26th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, PDF Solutions presently has a consensus rating of "Moderate Buy" and an average target price of $33.33.

PDF Solutions Price Performance

NASDAQ PDFS traded down $0.59 during midday trading on Friday, hitting $19.38. The company had a trading volume of 190,877 shares, compared to its average volume of 250,655. The company has a market capitalization of $765.32 million, a PE ratio of 969.48 and a beta of 1.51. 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 50-day moving average price of $21.39 and a 200-day moving average price of $20.22. PDF Solutions, Inc. has a twelve month low of $15.91 and a twelve month 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.