Fmr LLC Has $3.78 Million Stock Position in PDF Solutions, Inc. (NASDAQ:PDFS)

Fmr LLC boosted its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 2.0% during the third quarter, according to the company in its most recent filing with the SEC. The fund owned 119,153 shares of the technology company’s stock after buying an additional 2,360 shares during the period. Fmr LLC’s holdings in PDF Solutions were worth $3,775,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of PDFS. Meeder Asset Management Inc. acquired a new position in shares of PDF Solutions during the 3rd quarter worth approximately $37,000. Thrivent Financial for Lutherans grew its position in shares of PDF Solutions by 1.0% during the 3rd quarter. Thrivent Financial for Lutherans now owns 365,656 shares of the technology company’s stock worth $11,584,000 after purchasing an additional 3,659 shares in the last quarter. MQS Management LLC acquired a new position in shares of PDF Solutions during the 3rd quarter worth approximately $331,000. Olympiad Research LP acquired a new position in shares of PDF Solutions during the 3rd quarter worth approximately $253,000. Finally, Emerald Advisers LLC grew its position in shares of PDF Solutions by 2.2% during the 3rd quarter. Emerald Advisers LLC now owns 895,248 shares of the technology company’s stock worth $28,361,000 after purchasing an additional 19,673 shares in the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Stock Down 0.7 %

PDFS stock opened at $30.18 on Friday. The firm has a market cap of $1.17 billion, a price-to-earnings ratio of 276.12 and a beta of 1.51. PDF Solutions, Inc. has a 12-month low of $27.69 and a 12-month high of $39.70. The company’s fifty day simple moving average is $30.47 and its 200 day simple moving average is $32.21.

Wall Street Analyst Weigh In

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

Insider Transactions at PDF Solutions

In other PDF Solutions news, Director Nancy Erba sold 2,000 shares of the company’s stock in a transaction dated Wednesday, December 11th. The shares were sold at an average price of $30.81, for a total value of $61,620.00. Following the completion of the sale, the director now directly owns 13,739 shares of the company’s stock, valued at approximately $423,298.59. This represents a 12.71 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 11.13% of the stock is currently owned by insiders.

PDF Solutions 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.