Walleye Capital LLC Invests $996,000 in PDF Solutions, Inc. $PDFS

Walleye Capital LLC purchased a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 46,604 shares of the technology company’s stock, valued at approximately $996,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Charles Schwab Investment Management Inc. increased its stake in PDF Solutions by 4.4% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 282,752 shares of the technology company’s stock worth $5,403,000 after buying an additional 11,920 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of PDF Solutions by 68.4% in the first quarter. Connor Clark & Lunn Investment Management Ltd. now owns 250,159 shares of the technology company’s stock valued at $4,781,000 after acquiring an additional 101,587 shares in the last quarter. Invesco Ltd. boosted its stake in shares of PDF Solutions by 2.4% in the first quarter. Invesco Ltd. now owns 90,337 shares of the technology company’s stock worth $1,726,000 after acquiring an additional 2,091 shares during the last quarter. Nuveen LLC purchased a new stake in shares of PDF Solutions during the first quarter worth approximately $2,628,000. Finally, Public Sector Pension Investment Board raised its stake in PDF Solutions by 26.7% in the 1st quarter. Public Sector Pension Investment Board now owns 98,318 shares of the technology company’s stock valued at $1,879,000 after purchasing an additional 20,693 shares during the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

PDF Solutions Stock Up 0.8%

Shares of NASDAQ:PDFS opened at $31.86 on Thursday. PDF Solutions, Inc. has a 52-week low of $15.91 and a 52-week high of $32.06. The stock has a market cap of $1.26 billion, a P/E ratio of -3,186.00 and a beta of 1.56. The business has a fifty day moving average of $27.28 and a two-hundred day moving average of $23.36. The company has a quick ratio of 2.21, a current ratio of 2.21 and a debt-to-equity ratio of 0.25.

PDF Solutions (NASDAQ:PDFS) last posted its quarterly earnings results on Thursday, November 6th. The technology company reported $0.25 EPS for the quarter, hitting the consensus estimate of $0.25. PDF Solutions had a positive return on equity of 4.28% and a negative net margin of 0.03%.The business had revenue of $57.12 million for the quarter, compared to analyst estimates of $56.69 million. On average, research analysts expect that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on PDFS shares. Rosenblatt Securities lifted their target price on shares of PDF Solutions from $31.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. Weiss Ratings reiterated a “sell (d)” rating on shares of PDF Solutions in a research report on Monday. Finally, DA Davidson raised their price target on shares of PDF Solutions from $34.00 to $36.00 and gave the stock a “buy” rating in a research note on Friday, December 5th. Three research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, PDF Solutions currently has a consensus rating of “Moderate Buy” and a consensus target price of $38.00.

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.