Louisiana State Employees Retirement System Makes New $464,000 Investment in PDF Solutions, Inc. $PDFS

Louisiana State Employees Retirement System purchased a new stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 14,200 shares of the technology company’s stock, valued at approximately $464,000.

A number of other institutional investors and hedge funds have also made changes to their positions in PDFS. Ophir Asset Management Pty Ltd acquired a new stake in PDF Solutions in the 4th quarter valued at approximately $20,631,000. ArrowMark Colorado Holdings LLC boosted its holdings in PDF Solutions by 595.1% during the 3rd quarter. ArrowMark Colorado Holdings LLC now owns 451,788 shares of the technology company’s stock valued at $11,665,000 after acquiring an additional 386,788 shares during the period. Pillsbury Lake Capital LLC purchased a new position in PDF Solutions during the 4th quarter valued at about $10,729,000. Cannell Capital LLC purchased a new position in PDF Solutions during the 3rd quarter valued at about $8,709,000. Finally, Squarepoint Ops LLC grew its position in PDF Solutions by 378.6% in the 3rd quarter. Squarepoint Ops LLC now owns 254,511 shares of the technology company’s stock valued at $6,571,000 after acquiring an additional 201,337 shares in the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

PDF Solutions Stock Performance

NASDAQ:PDFS opened at $52.42 on Thursday. PDF Solutions, Inc. has a 12 month low of $18.12 and a 12 month high of $71.68. The firm has a market capitalization of $2.09 billion, a PE ratio of 291.24 and a beta of 1.63. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.34 and a quick ratio of 2.34. The business’s fifty day moving average price is $54.39 and its 200 day moving average price is $41.04.

PDF Solutions (NASDAQ:PDFS) last posted 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. PDF Solutions had a net margin of 3.10% and a return on equity of 6.48%. The firm had revenue of $60.13 million for the quarter, compared to the consensus estimate of $59.71 million. On average, sell-side analysts anticipate that PDF Solutions, Inc. will post 0.67 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the stock. Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Weiss Ratings raised shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. DA Davidson restated a “buy” rating and issued a $56.00 price objective on shares of PDF Solutions in a report on Monday, May 18th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $52.00 target price on shares of PDF Solutions in a research note on Tuesday, May 19th. Two analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus 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.