CenterBook Partners LP Lowers Stock Holdings in PDF Solutions, Inc. $PDFS

CenterBook Partners LP lowered its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 80.5% in the 4th quarter, HoldingsChannel reports. The firm owned 34,476 shares of the technology company’s stock after selling 141,987 shares during the quarter. CenterBook Partners LP’s holdings in PDF Solutions were worth $984,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. State of Wyoming bought a new position in shares of PDF Solutions during the 4th quarter valued at about $167,000. Goldman Sachs Group Inc. lifted its position in PDF Solutions by 35.1% in the 4th quarter. Goldman Sachs Group Inc. now owns 189,818 shares of the technology company’s stock worth $5,416,000 after buying an additional 49,310 shares during the last quarter. Natixis Advisors LLC lifted its position in PDF Solutions by 26.4% in the 4th quarter. Natixis Advisors LLC now owns 16,070 shares of the technology company’s stock worth $458,000 after buying an additional 3,357 shares during the last quarter. Intech Investment Management LLC boosted its stake in PDF Solutions by 8.3% in the fourth quarter. Intech Investment Management LLC now owns 11,394 shares of the technology company’s stock worth $325,000 after buying an additional 878 shares in the last quarter. Finally, Geode Capital Management LLC boosted its stake in PDF Solutions by 0.6% in the fourth quarter. Geode Capital Management LLC now owns 770,152 shares of the technology company’s stock worth $21,977,000 after buying an additional 4,437 shares in the last quarter. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

PDF Solutions Stock Down 1.9%

Shares of NASDAQ PDFS opened at $57.60 on Thursday. The firm’s fifty day moving average is $45.19 and its 200 day moving average is $36.27. PDF Solutions, Inc. has a 52 week low of $18.12 and a 52 week high of $60.87. The company has a quick ratio of 2.34, a current ratio of 2.34 and a debt-to-equity ratio of 0.23. The company has a market cap of $2.30 billion, a price-to-earnings ratio of 320.02 and a beta of 1.71.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly 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 for the quarter, compared to analyst estimates of $59.71 million. PDF Solutions had a net margin of 3.10% and a return on equity of 6.48%. On average, equities research analysts expect that PDF Solutions, Inc. will post 0.67 earnings per share for the current year.

Wall Street Analyst Weigh In

PDFS has been the topic of several research reports. Rosenblatt Securities reissued a “buy” rating and set a $52.00 price target on shares of PDF Solutions in a research note on Tuesday, May 19th. DA Davidson reaffirmed a “buy” rating and issued a $56.00 price objective on shares of PDF Solutions in a research note on Monday, May 18th. Weiss Ratings raised 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 raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Sunday, May 10th. Two analysts have rated the stock with a Buy rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, PDF Solutions has a consensus rating of “Hold” and an average price target of $54.00.

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.