PDF Solutions, Inc. (NASDAQ:PDFS) Stock Position Raised by Squarepoint Ops LLC

Squarepoint Ops LLC grew its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 33.3% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 88,366 shares of the technology company's stock after buying an additional 22,063 shares during the quarter. Squarepoint Ops LLC owned 0.23% of PDF Solutions worth $2,393,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of PDFS. Pitcairn Co. boosted its stake in shares of PDF Solutions by 3.1% in the fourth quarter. Pitcairn Co. now owns 13,000 shares of the technology company's stock valued at $352,000 after purchasing an additional 390 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its stake in shares of PDF Solutions by 3.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 17,712 shares of the technology company's stock valued at $480,000 after purchasing an additional 642 shares during the period. KBC Group NV boosted its stake in shares of PDF Solutions by 91.6% in the fourth quarter. KBC Group NV now owns 2,000 shares of the technology company's stock valued at $54,000 after purchasing an additional 956 shares during the period. Swiss National Bank raised its holdings in PDF Solutions by 1.7% in the fourth quarter. Swiss National Bank now owns 61,000 shares of the technology company's stock valued at $1,652,000 after acquiring an additional 1,000 shares in the last quarter. Finally, MetLife Investment Management LLC raised its holdings in PDF Solutions by 6.6% in the fourth quarter. MetLife Investment Management LLC now owns 18,994 shares of the technology company's stock valued at $514,000 after acquiring an additional 1,173 shares in the last quarter. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

PDF Solutions Stock Performance

Shares of PDF Solutions stock traded down $0.68 during trading hours on Friday, reaching $17.63. The company's stock had a trading volume of 322,294 shares, compared to its average volume of 190,560. The company's 50 day simple moving average is $18.49 and its 200 day simple moving average is $23.87. PDF Solutions, Inc. has a one year low of $15.91 and a one year high of $39.70. The stock has a market cap of $690.02 million, a P/E ratio of 176.30 and a beta of 1.47.

Insider Transactions at PDF Solutions

In other news, Director Michael B. Gustafson acquired 7,500 shares of the company's stock in a transaction that occurred on Tuesday, May 13th. The shares were acquired 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 ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 11.09% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on PDFS shares. Rosenblatt Securities cut their price target on shares of PDF Solutions from $37.00 to $31.00 and set a "buy" rating on the stock in a report on Monday, May 5th. DA Davidson cut their price target 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 cut shares of PDF Solutions from a "buy" rating to a "hold" rating in a report on Wednesday, May 14th.

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.