Public Sector Pension Investment Board Trims Position in PDF Solutions, Inc. (NASDAQ:PDFS)

Public Sector Pension Investment Board trimmed its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 2.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,780 shares of the technology company’s stock after selling 1,800 shares during the period. Public Sector Pension Investment Board’s holdings in PDF Solutions were worth $2,084,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of PDFS. Price T Rowe Associates Inc. MD lifted its holdings in PDF Solutions by 17.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,784 shares of the technology company’s stock worth $296,000 after purchasing an additional 1,317 shares in the last quarter. GAMMA Investing LLC boosted its position in shares of PDF Solutions by 98.0% during the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock worth $35,000 after acquiring an additional 479 shares during the last quarter. SG Americas Securities LLC bought a new position in shares of PDF Solutions during the second quarter worth $337,000. Sequoia Financial Advisors LLC purchased a new position in PDF Solutions during the second quarter valued at $689,000. Finally, Assenagon Asset Management S.A. lifted its stake in PDF Solutions by 9.9% in the 2nd quarter. Assenagon Asset Management S.A. now owns 231,915 shares of the technology company’s stock worth $8,437,000 after purchasing an additional 20,885 shares in the last quarter. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Down 5.3 %

PDF Solutions stock opened at $30.19 on Friday. PDF Solutions, Inc. has a twelve month low of $27.69 and a twelve month high of $39.70. The company’s 50-day moving average price is $30.51 and its 200-day moving average price is $32.38. The company has a market cap of $1.17 billion, a PE ratio of 274.48 and a beta of 1.51.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PDFS. DA Davidson restated a “buy” rating and set a $42.00 price objective on shares of PDF Solutions in a research report on Wednesday, August 28th. Rosenblatt Securities restated a “buy” rating and set a $40.00 price target on shares of PDF Solutions in a report on Friday, November 8th. Finally, StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th.

About PDF Solutions

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.