Mutual of America Capital Management LLC Sells 4,305 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Mutual of America Capital Management LLC lowered its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 4.2% in the second quarter, HoldingsChannel reports. The fund owned 99,195 shares of the technology company’s stock after selling 4,305 shares during the period. Mutual of America Capital Management LLC’s holdings in PDF Solutions were worth $3,609,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in PDFS. nVerses Capital LLC acquired a new stake in PDF Solutions in the second quarter worth about $25,000. GAMMA Investing LLC boosted its stake in shares of PDF Solutions by 98.0% in the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock valued at $35,000 after purchasing an additional 479 shares during the last quarter. Quest Partners LLC acquired a new stake in shares of PDF Solutions during the 4th quarter worth approximately $72,000. ProShare Advisors LLC bought a new stake in shares of PDF Solutions during the first quarter worth approximately $210,000. Finally, PNC Financial Services Group Inc. raised its position in shares of PDF Solutions by 67.0% during the 4th quarter. PNC Financial Services Group Inc. now owns 7,692 shares of the technology company’s stock valued at $247,000 after acquiring an additional 3,085 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Price Performance

Shares of NASDAQ:PDFS opened at $29.80 on Monday. The firm’s 50 day simple moving average is $31.86 and its 200 day simple moving average is $33.17. PDF Solutions, Inc. has a fifty-two week low of $26.12 and a fifty-two week high of $39.70. The company has a market capitalization of $1.14 billion, a price-to-earnings ratio of 596.00 and a beta of 1.49.

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

Wall Street Analysts Forecast Growth

Separately, DA Davidson restated a “buy” rating and issued a $42.00 price target on shares of PDF Solutions in a research report on Wednesday, August 28th.

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.