Price T Rowe Associates Inc. MD increased its holdings in PDF Solutions, Inc. (NASDAQ:PDFS – Free Report) by 17.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,784 shares of the technology company after purchasing an additional 1,317 shares during the quarter. Price T Rowe Associates Inc. MD’s holdings in PDF Solutions were worth $296,000, according to the most recent SEC filing.
A number of other institutional investors have also bought and sold shares of PDFS. NBC Securities Inc. acquired a new stake in shares of PDF Solutions in the 4th quarter valued at about $26,000. Quest Partners LLC acquired a new stake in shares of PDF Solutions in the 4th quarter valued at about $72,000. ProShare Advisors LLC acquired a new stake in shares of PDF Solutions in the 1st quarter valued at about $210,000. PNC Financial Services Group Inc. increased its stake in shares of PDF Solutions by 67.0% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,692 shares of the technology company’s stock valued at $247,000 after purchasing an additional 3,085 shares in the last quarter. Finally, Evoke Wealth LLC acquired a new stake in shares of PDF Solutions in the 4th quarter valued at about $267,000. 79.51% of the shares are owned by hedge funds and other institutional investors.
PDF solutions price-performance ratio
Shares of PDFS opened at $33.03 on Friday. PDF Solutions, Inc. has a 1-year low of $26.12 and a 1-year high of $39.70. The stock has a market cap of $1.27 billion, a P/E ratio of 660.60 and a beta of 1.52. The company has a debt-to-equity ratio of 0.01, a current ratio of 3.48 and a quick ratio of 3.48. The company has a 50-day moving average price of $34.65 and a 200-day moving average price of $33.74.
Insider activity
In other news, Director Shuo Zhang sold 5,500 shares of the company’s stock on Monday, June 3. The shares were sold at an average price of $34.66, for a total value of $190,630.00. Following the completion of the sale, the director now directly owns 10,381 shares of the company’s stock, valued at $359,805.46. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 11.21% of the company’s stock.
Upgrades and downgrades by analysts
Several research firms have recently commented on PDFS. DA Davidson increased their price target on shares of PDF Solutions from $40.00 to $42.00 and gave the company a “buy” rating in a report on Tuesday, May 28. Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 price target on shares of PDF Solutions in a research note on Friday, May 10.
Check out our latest PDF solutions report
PDF Solutions Profile
(Free report)
PDF Solutions, Inc. provides proprietary software and physical intellectual property for integrated circuit designs, hardware tools for electrical measurements, best practices and professional services in the United States, China, Japan and worldwide. The company offers Exensio software products such as Manufacturing Analytics, which stores captured data in a common environment with a consistent view to enable product engineers to identify and analyze production yield, performance, reliability and other issues; Process Control, which provides defect detection and classification capabilities to monitor, alert and control manufacturing tool sets; Test Operations, which provides data collection and analysis capabilities; and Assembly Operations, which provides equipment manufacturers the ability to link assembly and packaging data, including manufacturing and characterization data, across the entire product lifecycle.
Recommended Stories
Want to see which other hedge funds hold PDFS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PDF Solutions, Inc. (NASDAQ:PDFS – Free Report).
Get daily news and reviews about PDF Solutions – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for PDF Solutions and related companies with MarketBeat.com’s FREE daily email newsletter.
