Quantbot Technologies LP Purchases New Holdings in PDF Solutions, Inc. $PDFS

Key Points

• Quantbot Technologies LP acquired a new position in PDF Solutions, Inc. by purchasing 13,324 shares valued at approximately $255,000 in the first quarter.
• Multiple institutional investors have increased their holdings in PDF Solutions, with Signaturefd LLC boosting its stake by 124.1% during the same quarter.
• Analysts are mixed on the stock's performance, with a consensus rating of "Moderate Buy" and an average price target of $33.33, while shares recently opened at $19.75.

Quantbot Technologies LP bought a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 13,324 shares of the technology company's stock, valued at approximately $255,000.

Several other institutional investors and hedge funds have also bought and sold shares of PDFS. Wells Fargo & Company MN raised its holdings in PDF Solutions by 44.6% during the fourth quarter. Wells Fargo & Company MN now owns 15,990 shares of the technology company's stock worth $433,000 after acquiring an additional 4,931 shares in the last quarter. Envestnet Asset Management Inc. increased its position in PDF Solutions by 4.8% during the fourth quarter. Envestnet Asset Management Inc. now owns 43,763 shares of the technology company's stock worth $1,185,000 after buying an additional 2,015 shares during the last quarter. Raymond James Financial Inc. acquired a new position in PDF Solutions during the fourth quarter worth approximately $2,482,000. Barclays PLC increased its position in PDF Solutions by 3.1% during the fourth quarter. Barclays PLC now owns 57,175 shares of the technology company's stock worth $1,548,000 after buying an additional 1,708 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its position 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 worth $24,652,000 after buying an additional 34,575 shares during the last quarter. Institutional investors own 79.51% of the company's stock.

PDF Solutions Stock Performance

Shares of NASDAQ:PDFS traded up $0.49 during trading on Monday, reaching $20.45. 337,680 shares of the stock were exchanged, compared to its average volume of 333,668. PDF Solutions, Inc. has a 12 month low of $15.91 and a 12 month high of $33.42. The firm has a market cap of $807.57 million, a PE ratio of 1,023.01 and a beta of 1.51. The stock has a 50-day moving average price of $21.76 and a 200-day moving average price of $20.42. The company has a current ratio of 2.37, a quick ratio of 2.37 and a debt-to-equity ratio of 0.26.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PDFS shares. Wall Street Zen downgraded PDF Solutions from a "buy" rating to a "hold" rating in a research report on Saturday, July 26th. DA Davidson raised PDF Solutions to a "hold" rating in a research report on Monday, August 18th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $31.00 price target on shares of PDF Solutions in a research report on Tuesday, August 5th. Two analysts have rated the stock with a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and an average 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.