Lazard Asset Management LLC Buys Shares of 36,349 PDF Solutions, Inc. $PDFS

Lazard Asset Management LLC bought a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) during the 1st quarter, according to its most recent filing with the SEC. The institutional investor bought 36,349 shares of the technology company’s stock, valued at approximately $1,189,000.

Other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. raised its stake in PDF Solutions by 122.8% in the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after buying an additional 615 shares in the last quarter. State of Wyoming lifted its holdings in PDF Solutions by 4.5% during the second quarter. State of Wyoming now owns 15,447 shares of the technology company’s stock worth $330,000 after buying an additional 668 shares during the period. LPL Financial LLC boosted its position in PDF Solutions by 7.6% during the 4th quarter. LPL Financial LLC now owns 10,399 shares of the technology company’s stock valued at $297,000 after acquiring an additional 734 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in PDF Solutions by 4.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 18,465 shares of the technology company’s stock valued at $353,000 after acquiring an additional 753 shares in the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of PDF Solutions by 12.1% in the 4th quarter. PNC Financial Services Group Inc. now owns 7,096 shares of the technology company’s stock valued at $202,000 after acquiring an additional 764 shares during the period. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Performance

Shares of NASDAQ PDFS opened at $51.17 on Wednesday. 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, Inc. has a 12 month low of $18.12 and a 12 month high of $71.68. The company has a 50 day simple moving average of $55.95 and a two-hundred day simple moving average of $43.77. The stock has a market cap of $2.04 billion, a price-to-earnings ratio of 284.29 and a beta of 1.67.

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

Wall Street Analysts Forecast Growth

Several research firms have commented on PDFS. Rosenblatt Securities increased their price target on shares of PDF Solutions from $52.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, July 10th. DA Davidson reaffirmed a “buy” rating and issued a $56.00 price objective 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 research note on Monday, May 11th. Wells Fargo & Company began coverage on shares of PDF Solutions in a research report on Tuesday. They set an “equal weight” rating and a $50.00 target price for the company. Finally, Wall Street Zen upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Two equities research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, PDF Solutions currently has an average rating of “Hold” and an average price target of $56.33.

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.