Bridge City Capital LLC Cuts Stake in PDF Solutions, Inc. $PDFS

Bridge City Capital LLC lowered its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 12.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,324 shares of the technology company’s stock after selling 14,508 shares during the quarter. Bridge City Capital LLC owned approximately 0.26% of PDF Solutions worth $2,919,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also bought and sold shares of the company. Hantz Financial Services Inc. boosted its stake in PDF Solutions by 122.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after buying an additional 615 shares in the last quarter. Kestra Advisory Services LLC purchased a new stake in PDF Solutions in the fourth quarter worth approximately $82,000. Johnson Financial Group Inc. purchased a new stake in PDF Solutions in the third quarter worth approximately $83,000. Tower Research Capital LLC TRC boosted its stake in PDF Solutions by 257.1% in the second quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock worth $73,000 after buying an additional 2,442 shares in the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in PDF Solutions in the third quarter worth approximately $100,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Performance

Shares of PDFS stock opened at $64.14 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.34 and a current ratio of 2.34. PDF Solutions, Inc. has a fifty-two week low of $18.12 and a fifty-two week high of $65.50. The stock has a 50 day moving average price of $46.43 and a two-hundred day moving average price of $36.73. The company has a market capitalization of $2.56 billion, a P/E ratio of 356.35 and a beta of 1.71.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, May 7th. The technology company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.23 by $0.08. PDF Solutions had a return on equity of 6.48% and a net margin of 3.10%.The firm had revenue of $60.13 million during the quarter, compared to the consensus estimate of $59.71 million. Analysts expect that PDF Solutions, Inc. will post 0.67 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages have weighed in on PDFS. Weiss Ratings upgraded PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research report on Monday, May 11th. DA Davidson reiterated a “buy” rating and issued a $56.00 price objective on shares of PDF Solutions in a research report on Monday, May 18th. 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. Finally, Wall Street Zen downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research report on Saturday. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus 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.