Public Sector Pension Investment Board Has $1.88 Million Stock Holdings in PDF Solutions, Inc. $PDFS

Key Points

• The Public Sector Pension Investment Board increased its stake in PDF Solutions by 26.7%, owning a total of 98,318 shares worth $1,879,000 as of the last quarter.
• Several institutional investors have also significantly increased their holdings in PDF Solutions, with 79.51% of the stock now owned by institutional investors overall.
• Analyst ratings for PDF Solutions vary, with two firms maintaining a "buy" rating and the stock having an average target price of $33.33.

Public Sector Pension Investment Board lifted its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 26.7% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 98,318 shares of the technology company's stock after purchasing an additional 20,693 shares during the quarter. Public Sector Pension Investment Board owned 0.25% of PDF Solutions worth $1,879,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of PDFS. LPL Financial LLC grew its holdings in shares of PDF Solutions by 13.2% during the 4th quarter. LPL Financial LLC now owns 10,101 shares of the technology company's stock worth $274,000 after purchasing an additional 1,175 shares in the last quarter. JPMorgan Chase & Co. grew its holdings in shares of PDF Solutions by 41.2% during the 4th quarter. JPMorgan Chase & Co. now owns 104,627 shares of the technology company's stock worth $2,833,000 after purchasing an additional 30,552 shares in the last quarter. Wells Fargo & Company MN grew its holdings in shares of PDF Solutions by 44.6% during the 4th quarter. Wells Fargo & Company MN now owns 15,990 shares of the technology company's stock worth $433,000 after purchasing an additional 4,931 shares in the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of PDF Solutions by 4.8% during the 4th quarter. Envestnet Asset Management Inc. now owns 43,763 shares of the technology company's stock worth $1,185,000 after purchasing an additional 2,015 shares in the last quarter. Finally, Legal & General Group Plc grew its holdings in shares of PDF Solutions by 3.2% during the 4th quarter. Legal & General Group Plc now owns 89,669 shares of the technology company's stock worth $2,428,000 after purchasing an additional 2,799 shares in the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have recently issued reports on PDFS shares. DA Davidson raised PDF Solutions to a "hold" rating in a report on Monday, August 18th. Wall Street Zen lowered PDF Solutions from a "buy" rating to a "hold" rating in a report on Saturday, July 26th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $31.00 price objective on shares of PDF Solutions in a research note on Tuesday, August 5th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $33.33.

PDF Solutions Trading Up 0.7%

Shares of PDFS stock traded up $0.14 during mid-day trading on Tuesday, reaching $20.03. 351,574 shares of the stock traded hands, compared to its average volume of 320,708. The stock's fifty day simple moving average is $21.74 and its two-hundred day simple moving average is $20.64. PDF Solutions, Inc. has a 1-year low of $15.91 and a 1-year high of $33.42. The company has a market cap of $790.98 million, a price-to-earnings ratio of 1,002.00 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.

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.