PDF Solutions, Inc. (NASDAQ:PDFS) Position Increased by SG Americas Securities LLC

SG Americas Securities LLC lifted its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 391.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 20,287 shares of the technology company's stock after acquiring an additional 16,159 shares during the period. SG Americas Securities LLC owned about 0.05% of PDF Solutions worth $388,000 at the end of the most recent reporting period.

Several other large investors have also recently added to or reduced their stakes in PDFS. GAMMA Investing LLC lifted its holdings in PDF Solutions by 100.8% in the first quarter. GAMMA Investing LLC now owns 1,855 shares of the technology company's stock worth $35,000 after acquiring an additional 931 shares during the last quarter. Aquatic Capital Management LLC acquired a new stake in shares of PDF Solutions during the 4th quarter worth approximately $136,000. KLP Kapitalforvaltning AS acquired a new stake in shares of PDF Solutions during the 4th quarter worth approximately $160,000. Dynamic Technology Lab Private Ltd bought a new stake in shares of PDF Solutions in the 4th quarter worth approximately $232,000. 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 valued at $254,000 after purchasing an additional 2,887 shares during the period. 79.51% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, Director Michael B. Gustafson bought 7,500 shares of the firm's stock in a transaction that occurred on Tuesday, May 13th. The stock was acquired at an average price of $19.45 per share, with a total value of $145,875.00. Following the completion of the purchase, the director now directly owns 30,074 shares of the company's stock, valued at $584,939.30. This represents a 33.22% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 11.09% of the stock is owned by corporate insiders.

PDF Solutions Stock Performance

PDFS traded down $0.29 during trading hours on Friday, hitting $21.15. The company's stock had a trading volume of 713,441 shares, compared to its average volume of 195,934. The company has a 50-day simple moving average of $19.18 and a 200 day simple moving average of $22.40. The company has a current ratio of 2.19, a quick ratio of 2.19 and a debt-to-equity ratio of 0.27. The firm has a market capitalization of $827.81 million, a PE ratio of 705.24 and a beta of 1.43. PDF Solutions, Inc. has a fifty-two week low of $15.91 and a fifty-two week high of $39.70.

Analyst Upgrades and Downgrades

Several equities research analysts have weighed in on the company. Rosenblatt Securities dropped their target price 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. DA Davidson dropped their price objective on shares of PDF Solutions from $36.00 to $24.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Wall Street Zen lowered shares of PDF Solutions from a "buy" rating to a "hold" rating in a research note on Wednesday, May 14th.

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.