Rhumbline Advisers Has $1.63 Million Stock Position in PDF Solutions, Inc. (NASDAQ:PDFS)

Rhumbline Advisers lessened its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 18.1% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 85,435 shares of the technology company's stock after selling 18,867 shares during the quarter. Rhumbline Advisers owned about 0.22% of PDF Solutions worth $1,633,000 as of its most recent filing with the SEC.

Several other large investors also recently made changes to their positions in the stock. 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. William Blair Investment Management LLC boosted its stake in shares of PDF Solutions by 17.9% during the 4th quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company's stock worth $28,802,000 after acquiring an additional 161,306 shares in the last quarter. Emerald Advisers LLC boosted its stake in shares of PDF Solutions by 3.3% during the 4th quarter. Emerald Advisers LLC now owns 924,345 shares of the technology company's stock worth $25,031,000 after acquiring an additional 29,097 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of PDF Solutions by 3.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 910,314 shares of the technology company's stock worth $24,652,000 after acquiring an additional 34,575 shares in the last quarter. Finally, Thrivent Financial for Lutherans boosted its stake in shares of PDF Solutions by 14.5% during the 4th quarter. Thrivent Financial for Lutherans now owns 418,693 shares of the technology company's stock worth $11,338,000 after acquiring an additional 53,037 shares in the last quarter. Institutional investors own 79.51% of the company's stock.

PDF Solutions Stock Performance

Shares of NASDAQ PDFS traded down $0.27 during trading hours on Thursday, hitting $19.90. 153,628 shares of the company's stock were exchanged, compared to its average volume of 194,395. PDF Solutions, Inc. has a 1-year low of $15.91 and a 1-year high of $39.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.19 and a quick ratio of 2.19. The stock has a market capitalization of $778.89 million, a price-to-earnings ratio of 663.55 and a beta of 1.43. The company's 50-day moving average price is $18.78 and its 200-day moving average price is $22.97.

Analyst Ratings Changes

PDFS has been the subject of several recent analyst reports. Rosenblatt Securities decreased their price target on PDF Solutions from $37.00 to $31.00 and set a "buy" rating for the company in a research note on Monday, May 5th. DA Davidson cut their price objective on PDF Solutions from $36.00 to $24.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Wall Street Zen cut PDF Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday, May 14th.

Insider Buying and Selling

In other news, Director Michael B. Gustafson purchased 7,500 shares of the business's stock in a transaction on Tuesday, May 13th. The stock was purchased at an average price of $19.45 per share, with a total value of $145,875.00. Following the acquisition, the director now directly owns 30,074 shares in the company, valued at approximately $584,939.30. The trade was a 33.22% increase in their position. The purchase was disclosed in a filing with the SEC, which is accessible through this link. 11.09% of the stock is owned by insiders.

PDF Solutions 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.