Lisanti Capital Growth LLC Invests $3.01 Million in PDF Solutions, Inc. $PDFS

Lisanti Capital Growth LLC acquired a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 105,540 shares of the technology company’s stock, valued at approximately $3,011,000. Lisanti Capital Growth LLC owned approximately 0.27% of PDF Solutions at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. GSA Capital Partners LLP bought a new stake in PDF Solutions in the 3rd quarter worth approximately $1,733,000. Divisar Capital Management LLC lifted its position in PDF Solutions by 11.9% in the 3rd quarter. Divisar Capital Management LLC now owns 684,082 shares of the technology company’s stock worth $17,663,000 after buying an additional 72,695 shares during the last quarter. William Blair Investment Management LLC lifted its position in PDF Solutions by 13.7% in the 3rd quarter. William Blair Investment Management LLC now owns 1,349,441 shares of the technology company’s stock worth $34,843,000 after buying an additional 162,358 shares during the last quarter. ArrowMark Colorado Holdings LLC lifted its position in PDF Solutions by 595.1% in the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company’s stock worth $11,665,000 after buying an additional 386,788 shares during the last quarter. Finally, Cannell Capital LLC bought a new stake in PDF Solutions in the 3rd quarter worth approximately $8,709,000. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Price Performance

Shares of PDF Solutions stock opened at $46.09 on Friday. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.23. The company has a market cap of $1.84 billion, a PE ratio of 256.07 and a beta of 1.70. The business has a 50 day moving average of $40.18 and a 200 day moving average of $33.80. PDF Solutions, Inc. has a 52 week low of $17.35 and a 52 week high of $56.46.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, May 7th. The technology company reported $0.31 EPS for the quarter, beating analysts’ consensus estimates of $0.23 by $0.08. The company had revenue of $60.13 million during the quarter, compared to the consensus estimate of $59.71 million. PDF Solutions had a return on equity of 6.48% and a net margin of 3.10%. As a group, equities research analysts forecast that PDF Solutions, Inc. will post 0.6 earnings per share for the current year.

Analyst Upgrades and Downgrades

PDFS has been the subject of a number of recent research reports. DA Davidson restated a “buy” rating and issued a $56.00 target price on shares of PDF Solutions in a research report on Monday, May 18th. Wall Street Zen upgraded PDF Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Weiss Ratings upgraded PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $52.00 price objective on shares of PDF Solutions in a research report on Tuesday, May 19th. Two investment analysts have rated the stock with a Buy rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $54.00.

PDF Solutions Profile

PDF Solutions, Inc, headquartered in Santa Clara, California, is a technology company that provides data-driven solutions for the semiconductor manufacturing industry. Founded in 1991, the company specializes in software and services designed to improve yield, productivity and profitability for semiconductor fabricators. Over its history, PDF Solutions has positioned itself as a partner to foundries, integrated device manufacturers (IDMs), assembly and test operations, offering tailored data analytics and engineering expertise.

The company’s flagship offering, the Exensio platform, aggregates and analyzes data from process equipment, metrology and inspection systems to identify yield-limiting defects and process excursions.