Russell Investments Group Ltd. Purchases 65,065 Shares of PDF Solutions, Inc. $PDFS

Key Points

• Russell Investments Group Ltd. increased its stake in PDF Solutions by 33.5% in the first quarter, owning approximately 0.66% of the company, worth around $4.95 million.
• Other notable institutional investors, including Public Sector Pension Investment Board and Herald Investment Management Ltd., also significantly increased their holdings in PDF Solutions during the same period.
• Analysts have mixed views on PDF Solutions, with ratings ranging from a "buy" to a "hold", and a consensus price target of $33.33.

Russell Investments Group Ltd. increased its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 33.5% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 259,090 shares of the technology company's stock after buying an additional 65,065 shares during the period. Russell Investments Group Ltd. owned 0.66% of PDF Solutions worth $4,951,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of PDFS. Signaturefd LLC boosted its stake in shares of PDF Solutions by 124.1% in the 1st quarter. Signaturefd LLC now owns 1,421 shares of the technology company's stock valued at $27,000 after purchasing an additional 787 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of PDF Solutions by 100.8% in the 1st quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock valued at $35,000 after purchasing an additional 931 shares in the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of PDF Solutions in the 4th quarter valued at approximately $136,000. Significant Wealth Partners LLC boosted its position in PDF Solutions by 25.9% during the 1st quarter. Significant Wealth Partners LLC now owns 12,596 shares of the technology company's stock worth $241,000 after buying an additional 2,590 shares during the period. Finally, ProShare Advisors LLC boosted its position in PDF Solutions by 44.5% during the 4th quarter. ProShare Advisors LLC now owns 9,377 shares of the technology company's stock worth $254,000 after buying an additional 2,887 shares during the period. 79.51% of the stock is currently owned by institutional investors and hedge funds.

PDF Solutions Stock Down 1.4%

PDFS traded down $0.28 during mid-day trading on Wednesday, reaching $19.75. 356,862 shares of the stock were exchanged, compared to its average volume of 327,883. 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 stock has a market capitalization of $779.93 million, a PE ratio of 987.99 and a beta of 1.40. The company has a 50 day moving average price of $21.74 and a two-hundred day moving average price of $20.63. PDF Solutions, Inc. has a 1 year low of $15.91 and a 1 year high of $33.42.

Wall Street Analysts Forecast Growth

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

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.