PDF Solutions, Inc. (NASDAQ:PDFS) Shares Bought by Vanguard Group Inc.

Vanguard Group Inc. lifted its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 13.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 2,929,228 shares of the technology company's stock after purchasing an additional 353,236 shares during the period. Vanguard Group Inc. owned about 7.65% of PDF Solutions worth $94,907,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of PDFS. Allspring Global Investments Holdings LLC lifted its position in shares of PDF Solutions by 4,998.6% during the 3rd quarter. Allspring Global Investments Holdings LLC now owns 86,677 shares of the technology company's stock worth $2,808,000 after buying an additional 84,977 shares during the last quarter. Los Angeles Capital Management LLC lifted its position in PDF Solutions by 2.0% in the third quarter. Los Angeles Capital Management LLC now owns 37,011 shares of the technology company's stock valued at $1,199,000 after acquiring an additional 709 shares during the last quarter. Walleye Capital LLC acquired a new position in PDF Solutions in the third quarter valued at $2,466,000. AMI Asset Management Corp purchased a new position in shares of PDF Solutions during the third quarter worth about $2,356,000. Finally, GSA Capital Partners LLP increased its position in shares of PDF Solutions by 33.4% during the third quarter. GSA Capital Partners LLP now owns 31,810 shares of the technology company's stock worth $1,031,000 after purchasing an additional 7,962 shares in the last quarter. Institutional investors and hedge funds own 79.51% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently issued reports on PDFS shares. StockNews.com downgraded PDF Solutions from a "buy" rating to a "hold" rating in a research note on Friday, February 16th. TheStreet raised shares of PDF Solutions from a "d+" rating to a "c-" rating in a report on Wednesday, December 20th.

PDF Solutions Trading Up 0.7 %

Shares of NASDAQ PDFS traded up $0.22 during midday trading on Friday, reaching $32.49. 72,786 shares of the company were exchanged, compared to its average volume of 189,198. The stock has a fifty day simple moving average of $33.46 and a 200 day simple moving average of $31.64. The stock has a market cap of $1.25 billion, a P/E ratio of 464.14 and a beta of 1.46. PDF Solutions, Inc. has a 1 year low of $26.12 and a 1 year high of $48.02.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its earnings results on Thursday, February 15th. The technology company reported $0.04 earnings per share for the quarter, meeting the consensus estimate of $0.04. PDF Solutions had a return on equity of 6.09% and a net margin of 1.87%. The company had revenue of $41.13 million for the quarter, compared to the consensus estimate of $41.00 million. As a group, analysts forecast that PDF Solutions, Inc. will post 0.36 earnings per share for the current year.

Insider Buying and Selling at PDF Solutions

In other news, Director Ye Jane Li sold 9,653 shares of the firm's stock in a transaction on Monday, February 26th. The shares were sold at an average price of $33.27, for a total value of $321,155.31. Following the completion of the sale, the director now owns 12,132 shares in the company, valued at approximately $403,631.64. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 11.21% of the stock is currently owned by corporate insiders.

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.