Fisher Asset Management LLC Decreases Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Fisher Asset Management LLC lowered its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 12.5% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 54,785 shares of the technology company’s stock after selling 7,832 shares during the period. Fisher Asset Management LLC owned about 0.14% of PDF Solutions worth $1,761,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of PDF Solutions by 13.7% in the third quarter. Vanguard Group Inc. now owns 2,929,228 shares of the technology company’s stock valued at $94,907,000 after acquiring an additional 353,236 shares in the last quarter. Silverberg Bernstein Capital Management LLC acquired a new stake in PDF Solutions during the 4th quarter worth $9,854,000. Assenagon Asset Management S.A. grew its holdings in shares of PDF Solutions by 76.0% during the fourth quarter. Assenagon Asset Management S.A. now owns 517,479 shares of the technology company’s stock worth $16,632,000 after buying an additional 223,376 shares in the last quarter. Ranger Investment Management L.P. raised its position in shares of PDF Solutions by 59.9% in the third quarter. Ranger Investment Management L.P. now owns 516,257 shares of the technology company’s stock valued at $16,727,000 after buying an additional 193,319 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC lifted its stake in shares of PDF Solutions by 4,998.6% in the third quarter. Allspring Global Investments Holdings LLC now owns 86,677 shares of the technology company’s stock worth $2,808,000 after buying an additional 84,977 shares in the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

Insider Transactions at PDF Solutions

In related news, Director Ye Jane Li sold 9,653 shares of the stock in a transaction that occurred on Monday, February 26th. The stock was sold at an average price of $33.27, for a total value of $321,155.31. Following the completion of the transaction, the director now directly owns 12,132 shares in the company, valued at $403,631.64. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 11.21% of the company’s stock.

PDF Solutions Stock Up 0.3 %

Shares of NASDAQ:PDFS opened at $32.44 on Thursday. PDF Solutions, Inc. has a 52-week low of $26.12 and a 52-week high of $48.02. The business has a fifty day moving average of $32.58 and a two-hundred day moving average of $31.63. The stock has a market cap of $1.25 billion, a P/E ratio of 463.43 and a beta of 1.48.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings data on Thursday, February 15th. The technology company reported $0.04 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.04. PDF Solutions had a net margin of 1.87% and a return on equity of 6.09%. The firm had revenue of $41.13 million during the quarter, compared to analysts’ expectations of $41.00 million. On average, equities analysts anticipate that PDF Solutions, Inc. will post 0.36 earnings per share for the current year.

Analysts Set New Price Targets

Separately, StockNews.com downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Friday, February 16th.

About PDF Solutions

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.