SG Americas Securities LLC Has $388,000 Stock Position in PDF Solutions, Inc. (NASDAQ:PDFS)

SG Americas Securities LLC raised its stake in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 391.4% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 20,287 shares of the technology company's stock after buying an additional 16,159 shares during the period. SG Americas Securities LLC owned approximately 0.05% of PDF Solutions worth $388,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. GAMMA Investing LLC increased its holdings in shares of PDF Solutions by 100.8% in the first quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock valued at $35,000 after buying an additional 931 shares in the last quarter. Aquatic Capital Management LLC bought a new position in shares of PDF Solutions in the fourth quarter valued at $136,000. KLP Kapitalforvaltning AS bought a new position in shares of PDF Solutions in the fourth quarter valued at $160,000. Dynamic Technology Lab Private Ltd bought a new position in shares of PDF Solutions in the fourth quarter valued at $232,000. Finally, ProShare Advisors LLC increased its holdings in shares of PDF Solutions by 44.5% in the fourth quarter. ProShare Advisors LLC now owns 9,377 shares of the technology company's stock valued at $254,000 after buying an additional 2,887 shares in the last quarter. Institutional investors own 79.51% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. DA Davidson cut their target price on shares of PDF Solutions from $36.00 to $24.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Wall Street Zen downgraded PDF Solutions from a "buy" rating to a "hold" rating in a report on Wednesday, May 14th. Finally, Rosenblatt Securities dropped their price target on PDF Solutions from $37.00 to $31.00 and set a "buy" rating on the stock in a research report on Monday, May 5th.

Insider Activity

In other PDF Solutions news, Director Michael B. Gustafson purchased 7,500 shares of the business's stock in a transaction dated Tuesday, May 13th. The stock was bought at an average cost of $19.45 per share, for a total transaction of $145,875.00. Following the completion of the acquisition, the director now directly owns 30,074 shares in the company, valued at $584,939.30. This represents a 33.22% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 11.09% of the stock is currently owned by company insiders.

PDF Solutions Stock Up 2.4%

NASDAQ:PDFS traded up $0.51 during mid-day trading on Thursday, reaching $21.44. The stock had a trading volume of 215,903 shares, compared to its average volume of 194,145. The business's 50 day moving average is $19.01 and its 200 day moving average is $22.59. PDF Solutions, Inc. has a fifty-two week low of $15.91 and a fifty-two week high of $39.70. The stock has a market cap of $839.14 million, a P/E ratio of 714.90 and a beta of 1.43. The company has a debt-to-equity ratio of 0.27, a current ratio of 2.19 and a quick ratio of 2.19.

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.