CenterBook Partners LP Sells 141,987 Shares of PDF Solutions, Inc. $PDFS

CenterBook Partners LP lessened its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 80.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 34,476 shares of the technology company’s stock after selling 141,987 shares during the period. CenterBook Partners LP owned 0.09% of PDF Solutions worth $984,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada raised its holdings in PDF Solutions by 40.9% during the 1st quarter. Royal Bank of Canada now owns 19,092 shares of the technology company’s stock valued at $365,000 after acquiring an additional 5,540 shares during the period. Amundi lifted its position in shares of PDF Solutions by 117,205.9% during the first quarter. Amundi now owns 19,942 shares of the technology company’s stock worth $381,000 after acquiring an additional 19,925 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of PDF Solutions by 4.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock worth $353,000 after acquiring an additional 753 shares during the period. Jane Street Group LLC grew its position in shares of PDF Solutions by 113.6% in the first quarter. Jane Street Group LLC now owns 60,883 shares of the technology company’s stock valued at $1,163,000 after purchasing an additional 32,383 shares in the last quarter. Finally, Strs Ohio purchased a new position in shares of PDF Solutions in the first quarter valued at $105,000. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Performance

NASDAQ:PDFS opened at $57.60 on Thursday. The stock has a market cap of $2.30 billion, a P/E ratio of 320.02 and a beta of 1.71. 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 business’s 50-day moving average price is $45.19 and its two-hundred day moving average price is $36.27. PDF Solutions, Inc. has a twelve month low of $18.12 and a twelve month high of $60.87.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings data on Thursday, May 7th. The technology company reported $0.31 EPS for the quarter, topping the consensus estimate of $0.23 by $0.08. The company had revenue of $60.13 million during the quarter, compared to analyst estimates 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 analysts predict that PDF Solutions, Inc. will post 0.67 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the company. DA Davidson restated a “buy” rating and issued a $56.00 target price on shares of PDF Solutions in a research note on Monday, May 18th. Rosenblatt Securities reissued a “buy” rating and issued a $52.00 price target on shares of PDF Solutions in a report on Tuesday, May 19th. Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Sunday, May 10th. Finally, 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. Two equities research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target 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.