Roubaix Capital LLC Sells 38,085 Shares of PDF Solutions, Inc. $PDFS

Roubaix Capital LLC lessened its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 17.3% during the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 181,937 shares of the technology company’s stock after selling 38,085 shares during the period. PDF Solutions makes up approximately 2.8% of Roubaix Capital LLC’s portfolio, making the stock its 12th biggest holding. Roubaix Capital LLC’s holdings in PDF Solutions were worth $5,951,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Lisanti Capital Growth LLC purchased a new stake in shares of PDF Solutions during the fourth quarter valued at approximately $3,011,000. Legato Capital Management LLC boosted its position in PDF Solutions by 96.4% in the fourth quarter. Legato Capital Management LLC now owns 53,530 shares of the technology company’s stock worth $1,527,000 after purchasing an additional 26,268 shares during the last quarter. CVA Family Office LLC purchased a new position in PDF Solutions in the fourth quarter worth $507,000. Louisiana State Employees Retirement System bought a new position in PDF Solutions in the 1st quarter valued at $464,000. Finally, Silverberg Bernstein Capital Management LLC grew its stake in PDF Solutions by 3.3% in the 4th quarter. Silverberg Bernstein Capital Management LLC now owns 473,883 shares of the technology company’s stock valued at $13,520,000 after purchasing an additional 15,100 shares during the period. 79.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

PDFS has been the topic of a number of recent analyst reports. Rosenblatt Securities lifted their target price on PDF Solutions from $52.00 to $63.00 and gave the stock a “buy” rating in a research note on Friday, July 10th. DA Davidson restated a “buy” rating and set a $56.00 price target on shares of PDF Solutions in a research report on Monday, May 18th. Weiss Ratings upgraded shares of PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a report on Monday, May 11th. Finally, Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Saturday, June 27th. Two research analysts have rated the stock with a Buy rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, PDF Solutions currently has an average rating of “Hold” and an average price target of $59.50.

PDF Solutions Price Performance

Shares of NASDAQ PDFS opened at $51.14 on Friday. The stock has a fifty day simple moving average of $55.55 and a two-hundred day simple moving average of $42.17. PDF Solutions, Inc. has a 1-year low of $18.12 and a 1-year high of $71.68. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 284.13 and a beta of 1.63. The company has a current ratio of 2.34, a quick ratio of 2.34 and a debt-to-equity ratio of 0.23.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, May 7th. The technology company reported $0.31 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.23 by $0.08. The business had revenue of $60.13 million during the quarter, compared to the consensus estimate of $59.71 million. PDF Solutions had a return on equity of 6.48% and a net margin of 3.10%. Analysts anticipate that PDF Solutions, Inc. will post 0.67 earnings per share for the current year.

About PDF Solutions

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.