Raymond James & Associates Acquires Shares of 29,667 PDF Solutions, Inc. (NASDAQ:PDFS)

Raymond James & Associates acquired a new stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 29,667 shares of the technology company's stock, valued at approximately $953,000. Raymond James & Associates owned 0.08% of PDF Solutions at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the company. SG Americas Securities LLC acquired a new stake in PDF Solutions in the 3rd quarter valued at $992,000. AMI Asset Management Corp acquired a new stake in PDF Solutions in the 3rd quarter valued at $2,356,000. Aquila Investment Management LLC boosted its stake in PDF Solutions by 13.8% in the 3rd quarter. Aquila Investment Management LLC now owns 33,000 shares of the technology company's stock valued at $1,069,000 after buying an additional 4,000 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank boosted its stake in PDF Solutions by 27.5% in the 3rd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 6,732 shares of the technology company's stock valued at $218,000 after buying an additional 1,453 shares in the last quarter. Finally, Advisor Partners II LLC boosted its stake in PDF Solutions by 33.0% in the 3rd quarter. Advisor Partners II LLC now owns 6,953 shares of the technology company's stock valued at $225,000 after buying an additional 1,727 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors.

PDF Solutions Stock Performance

PDF Solutions stock traded up $0.13 on Monday, reaching $29.69. The company's stock had a trading volume of 121,751 shares, compared to its average volume of 178,579. The company has a market cap of $1.15 billion, a price-to-earnings ratio of 424.14 and a beta of 1.46. The business's fifty day moving average price is $33.29 and its 200 day moving average price is $31.63. PDF Solutions, Inc. has a twelve month low of $26.12 and a twelve month high of $48.02.

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

Insiders Place Their Bets

In other news, Director Ye Jane Li sold 9,653 shares of the company's stock in a transaction on Monday, February 26th. The stock was sold at an average price of $33.27, for a total transaction of $321,155.31. Following the transaction, the director now owns 12,132 shares of the company's stock, valued at $403,631.64. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 11.21% of the company's stock.

Wall Street Analysts Forecast Growth

Separately, StockNews.com lowered PDF Solutions from a "buy" rating to a "hold" rating in a research note on Friday, February 16th.

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.