Nisa Investment Advisors LLC Boosts Stake in PDF Solutions, Inc. (NASDAQ:PDFS)

Nisa Investment Advisors LLC lifted its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 34.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,042 shares of the technology company’s stock after buying an additional 526 shares during the quarter. Nisa Investment Advisors LLC’s holdings in PDF Solutions were worth $65,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Assenagon Asset Management S.A. boosted its stake in shares of PDF Solutions by 9.9% in the second quarter. Assenagon Asset Management S.A. now owns 231,915 shares of the technology company’s stock valued at $8,437,000 after buying an additional 20,885 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of PDF Solutions by 2.5% in the first quarter. Vanguard Group Inc. now owns 3,168,212 shares of the technology company’s stock valued at $106,674,000 after buying an additional 78,543 shares in the last quarter. Janus Henderson Group PLC boosted its stake in shares of PDF Solutions by 20.9% in the first quarter. Janus Henderson Group PLC now owns 562,326 shares of the technology company’s stock valued at $18,934,000 after buying an additional 97,060 shares in the last quarter. Dimensional Fund Advisors LP raised its holdings in PDF Solutions by 1.9% during the second quarter. Dimensional Fund Advisors LP now owns 917,627 shares of the technology company’s stock worth $33,383,000 after purchasing an additional 16,853 shares during the last quarter. Finally, Sequoia Financial Advisors LLC acquired a new position in PDF Solutions during the second quarter worth $689,000. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Separately, DA Davidson reaffirmed a “buy” rating and set a $42.00 price objective on shares of PDF Solutions in a report on Wednesday, August 28th.

PDF Solutions Stock Performance

Shares of PDFS stock opened at $32.12 on Friday. The stock has a fifty day moving average price of $29.88 and a 200 day moving average price of $32.48. The stock has a market cap of $1.24 billion, a PE ratio of -401.50 and a beta of 1.49. PDF Solutions, Inc. has a 1 year low of $27.69 and a 1 year high of $39.70.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, August 8th. The technology company reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.03 by $0.03. PDF Solutions had a positive return on equity of 2.78% and a negative net margin of 1.67%. The firm had revenue of $41.66 million during the quarter, compared to analysts’ expectations of $41.60 million. As a group, equities research analysts predict that PDF Solutions, Inc. will post 0.36 earnings per share for the current year.

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.