Wasatch Advisors Inc. lessened its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 22.9% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 785,749 shares of the technology company’s stock after selling 233,842 shares during the quarter. Wasatch Advisors Inc. owned approximately 2.43% of PDF Solutions worth $12,926,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently made changes to their positions in PDFS. Susquehanna International Group LLP increased its position in shares of PDF Solutions by 120.6% during the 2nd quarter. Susquehanna International Group LLP now owns 116,602 shares of the technology company’s stock worth $1,918,000 after purchasing an additional 63,741 shares during the last quarter. The Manufacturers Life Insurance Company increased its position in shares of PDF Solutions by 7.1% during the 2nd quarter. The Manufacturers Life Insurance Company now owns 22,601 shares of the technology company’s stock worth $372,000 after purchasing an additional 1,501 shares during the last quarter. State Street Corp increased its position in shares of PDF Solutions by 8.0% during the 2nd quarter. State Street Corp now owns 518,266 shares of the technology company’s stock worth $8,527,000 after purchasing an additional 38,359 shares during the last quarter. Divisar Capital Management LLC increased its position in shares of PDF Solutions by 97.9% during the 2nd quarter. Divisar Capital Management LLC now owns 821,968 shares of the technology company’s stock worth $13,521,000 after purchasing an additional 406,621 shares during the last quarter. Finally, PDT Partners LLC increased its position in shares of PDF Solutions by 10.6% during the 2nd quarter. PDT Partners LLC now owns 52,432 shares of the technology company’s stock worth $863,000 after purchasing an additional 5,032 shares during the last quarter. 82.45% of the stock is currently owned by institutional investors and hedge funds.

In related news, Director Lucio Lanza sold 60,000 shares of the stock in a transaction that occurred on Friday, August 18th. The stock was sold at an average price of $15.00, for a total transaction of $900,000.00. Following the completion of the sale, the director now directly owns 318,967 shares of the company’s stock, valued at $4,784,505. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 16.20% of the company’s stock.

PDF Solutions, Inc. (NASDAQ PDFS) traded down 0.13% on Monday, hitting $15.86. The company had a trading volume of 18,606 shares. The stock has a market capitalization of $512.80 million, a PE ratio of 93.85 and a beta of 1.40. PDF Solutions, Inc. has a one year low of $14.11 and a one year high of $24.44. The stock has a 50 day moving average of $15.30 and a 200-day moving average of $17.32.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, July 27th. The technology company reported $0.08 EPS for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.06. The company had revenue of $24.30 million during the quarter, compared to the consensus estimate of $26.58 million. PDF Solutions had a return on equity of 2.78% and a net margin of 5.29%. PDF Solutions’s revenue was down 9.0% on a year-over-year basis. During the same period last year, the business posted $0.16 earnings per share. Equities analysts anticipate that PDF Solutions, Inc. will post $0.43 EPS for the current year.

Several research firms have weighed in on PDFS. Craig Hallum raised PDF Solutions from a “hold” rating to a “buy” rating and set a $22.00 price target on the stock in a research report on Wednesday, July 12th. BidaskClub lowered PDF Solutions from a “sell” rating to a “strong sell” rating in a research report on Tuesday, August 8th. Northland Securities set a $22.00 price target on PDF Solutions and gave the stock a “hold” rating in a research report on Sunday, July 30th. Finally, Zacks Investment Research raised PDF Solutions from a “sell” rating to a “hold” rating in a research report on Tuesday, October 3rd. Two analysts have rated the stock with a sell rating, two have given a hold rating and one has given a buy rating to the company. PDF Solutions has a consensus rating of “Hold” and a consensus price target of $20.00.

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About PDF Solutions

PDF Solutions, Inc is a provider of infrastructure technologies and services for integrated circuits (IC). The Company’s technologies and services focus on the IC manufacturing process life cycle. It operates in the segment of licensing and implementation of yield improvement solutions for integrated circuit manufacturers.

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Institutional Ownership by Quarter for PDF Solutions (NASDAQ:PDFS)

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