Odyssean LLC Invests $2.11 Million in PDF Solutions, Inc. $PDFS

Odyssean LLC bought a new stake in PDF Solutions, Inc. (NASDAQ:PDFS) during the 2nd quarter, Holdings Channel.com reports. The fund bought 29,779 shares of the technology company’s stock, valued at approximately $2,108,000.

A number of other institutional investors have also recently made changes to their positions in the business. Hantz Financial Services Inc. grew its stake in shares of PDF Solutions by 122.8% during the fourth quarter. Hantz Financial Services Inc. now owns 1,116 shares of the technology company’s stock worth $32,000 after acquiring an additional 615 shares during the last quarter. Quantbot Technologies LP acquired a new stake in PDF Solutions during the 2nd quarter worth about $33,000. Meeder Asset Management Inc. acquired a new stake in PDF Solutions during the 2nd quarter worth about $44,000. Bell Investment Advisors Inc purchased a new stake in PDF Solutions during the 2nd quarter valued at about $49,000. Finally, Tower Research Capital LLC TRC grew its stake in PDF Solutions by 257.1% during the 2nd quarter. Tower Research Capital LLC TRC now owns 3,392 shares of the technology company’s stock valued at $73,000 after purchasing an additional 2,442 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

Analysts Set New Price Targets

PDFS has been the subject of several research analyst reports. Sanford C. Bernstein assumed coverage on PDF Solutions in a research note on Tuesday, August 11th. They issued an “outperform” rating and a $65.00 price objective for the company. Weiss Ratings upgraded PDF Solutions from a “sell (d+)” rating to a “hold (c)” rating in a research report on Friday, August 21st. DA Davidson set a $74.00 price target on shares of 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 research report on Saturday, August 8th. Finally, Rosenblatt Securities restated a “buy” rating and set a $63.00 price objective on shares of PDF Solutions in a research note on Friday, August 7th. Three research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $63.00.

Insider Buying and Selling

In other PDF Solutions news, CTO Andrzej Strojwas sold 3,394 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $44.41, for a total value of $150,727.54. Following the sale, the chief technology officer owned 90,965 shares in the company, valued at approximately $4,039,755.65. This represents a 3.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Shuo Zhang sold 1,501 shares of the firm’s stock in a transaction that occurred 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 sale, the director directly owned 23,380 shares in the company, valued at $1,203,368.60. The trade was a 6.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 11.08% of the company’s stock.

PDF Solutions Stock Performance

Shares of PDFS stock opened at $45.65 on Friday. The stock has a market cap of $1.82 billion, a PE ratio of 182.60 and a beta of 1.64. The business has a 50-day simple moving average of $50.31 and a 200-day simple moving average of $45.94. The company has a quick ratio of 3.45, a current ratio of 3.45 and a debt-to-equity ratio of 0.17. PDF Solutions, Inc. has a 52-week low of $19.17 and a 52-week high of $71.68.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, August 6th. The technology company reported $0.27 EPS for the quarter, hitting analysts’ consensus estimates of $0.27. The firm had revenue of $61.53 million for 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%. On average, equities analysts expect that PDF Solutions, Inc. will post 0.77 EPS 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.