19,334 Shares in PDF Solutions, Inc. (PDFS) Acquired by Squarepoint Ops LLC

Squarepoint Ops LLC purchased a new position in PDF Solutions, Inc. (NASDAQ:PDFS) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 19,334 shares of the technology company’s stock, valued at approximately $163,000. Squarepoint Ops LLC owned approximately 0.06% of PDF Solutions at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PDFS. Foresters Investment Management Company Inc. bought a new position in shares of PDF Solutions in the 4th quarter worth $7,502,000. Toronado Partners LLC bought a new position in shares of PDF Solutions in the 4th quarter worth $2,951,000. Dimensional Fund Advisors LP raised its position in shares of PDF Solutions by 16.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 1,867,981 shares of the technology company’s stock worth $16,868,000 after acquiring an additional 263,986 shares in the last quarter. Royce & Associates LP raised its position in shares of PDF Solutions by 31.0% in the 4th quarter. Royce & Associates LP now owns 492,700 shares of the technology company’s stock worth $4,153,000 after acquiring an additional 116,700 shares in the last quarter. Finally, BlackRock Inc. raised its position in shares of PDF Solutions by 2.9% in the 3rd quarter. BlackRock Inc. now owns 3,982,768 shares of the technology company’s stock worth $35,964,000 after acquiring an additional 113,917 shares in the last quarter. 85.83% of the stock is owned by hedge funds and other institutional investors.

Shares of PDFS stock opened at $13.20 on Friday. PDF Solutions, Inc. has a 1-year low of $7.56 and a 1-year high of $13.84. The firm has a market cap of $441.08 million, a P/E ratio of -55.00 and a beta of 1.39.

PDF Solutions (NASDAQ:PDFS) last announced its earnings results on Thursday, February 14th. The technology company reported ($0.01) earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.10) by $0.09. PDF Solutions had a negative return on equity of 3.84% and a negative net margin of 8.99%. The firm had revenue of $19.70 million for the quarter, compared to the consensus estimate of $18.16 million. During the same period in the previous year, the business earned $0.13 EPS. The firm’s revenue for the quarter was down 26.5% on a year-over-year basis. As a group, analysts predict that PDF Solutions, Inc. will post -0.11 earnings per share for the current year.

Several research firms have recently commented on PDFS. TheStreet raised PDF Solutions from a “d+” rating to a “c-” rating in a research report on Friday, February 15th. ValuEngine raised PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, February 19th. Zacks Investment Research downgraded PDF Solutions from a “buy” rating to a “hold” rating in a research note on Friday, February 8th. Finally, BidaskClub upgraded PDF Solutions from a “buy” rating to a “strong-buy” rating in a research note on Saturday, February 2nd. Two research analysts have rated the stock with a hold rating, one has assigned a buy rating and one has given a strong buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of $12.00.

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PDF Solutions Profile

PDF Solutions, Inc provides infrastructure technologies and services to enhance yield and optimize performance of integrated circuits (IC) in the United States, Germany, Taiwan, China, and internationally. It offers manufacturing process solutions; volume manufacturing solutions; design-for-inspection (DFI) solutions; and design-for-manufacturability (DFM) solutions.

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Institutional Ownership by Quarter for PDF Solutions (NASDAQ:PDFS)

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