Jupiter Topco LLC Purchases New Stake in PDF Solutions, Inc. $PDFS

Jupiter Topco LLC acquired a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 927,781 shares of the technology company’s stock, valued at approximately $65,677,000.

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

PDF Solutions Trading Up 2.7%

NASDAQ:PDFS opened at $46.15 on Friday. PDF Solutions, Inc. has a 12 month low of $18.93 and a 12 month high of $71.68. The company has a current ratio of 3.45, a quick ratio of 3.45 and a debt-to-equity ratio of 0.17. The firm’s 50 day moving average is $52.79 and its 200 day moving average is $45.54. The stock has a market capitalization of $1.84 billion, a PE ratio of 184.60 and a beta of 1.67.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, August 6th. The technology company reported $0.27 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.27. The business had revenue of $61.53 million during the quarter, compared to the consensus estimate of $61.17 million. PDF Solutions had a return on equity of 7.21% and a net margin of 4.27%. Sell-side analysts expect that PDF Solutions, Inc. will post 0.77 earnings per share for the current year.

Analyst Ratings Changes

PDFS has been the topic of several recent analyst reports. Rosenblatt Securities reiterated a “buy” rating and issued a $63.00 price target on shares of PDF Solutions in a research note on Friday, August 7th. DA Davidson set a $74.00 price objective on PDF Solutions in a report on Monday, August 17th. Wall Street Zen lowered shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, August 8th. Weiss Ratings raised PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research note on Friday, August 21st. Finally, Sanford C. Bernstein assumed coverage on shares of PDF Solutions in a research note on Tuesday, August 11th. They issued an “outperform” rating and a $65.00 price target for the company. Three investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $63.00.

Insider Buying and Selling at PDF Solutions

In other news, Director Shuo Zhang sold 1,501 shares of the stock in a transaction on Wednesday, August 12th. The stock was sold at an average price of $51.47, for a total transaction of $77,256.47. Following the completion of the transaction, the director owned 23,380 shares in the company, valued at approximately $1,203,368.60. This represents a 6.03% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 11.08% of the company’s stock.

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.