Connor Clark & Lunn Investment Management Ltd. Has $7.30 Million Stock Holdings in PDF Solutions, Inc. $PDFS

Connor Clark & Lunn Investment Management Ltd. raised its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 36.4% during the 2nd quarter, according to its most recent filing with the SEC. The institutional investor owned 341,227 shares of the technology company’s stock after acquiring an additional 91,068 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in PDF Solutions were worth $7,295,000 as of its most recent filing with the SEC.

Several other hedge funds also recently made changes to their positions in PDFS. Signaturefd LLC lifted its position in shares of PDF Solutions by 124.1% in the first quarter. Signaturefd LLC now owns 1,421 shares of the technology company’s stock worth $27,000 after purchasing an additional 787 shares in the last quarter. CWM LLC increased its stake in PDF Solutions by 94.4% in the 2nd quarter. CWM LLC now owns 1,835 shares of the technology company’s stock valued at $39,000 after buying an additional 891 shares during the last quarter. Strs Ohio bought a new stake in PDF Solutions during the 1st quarter worth about $105,000. Quantbot Technologies LP acquired a new position in shares of PDF Solutions during the 1st quarter worth about $255,000. Finally, Wealth Enhancement Advisory Services LLC grew its holdings in shares of PDF Solutions by 18.1% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,115 shares of the technology company’s stock valued at $279,000 after acquiring an additional 1,855 shares in the last quarter. 79.51% of the stock is owned by institutional investors.

PDF Solutions Stock Down 0.6%

PDF Solutions stock opened at $25.97 on Thursday. The company’s 50-day moving average price is $25.33 and its two-hundred day moving average price is $22.23. The company has a quick ratio of 2.37, a current ratio of 2.37 and a debt-to-equity ratio of 0.26. The stock has a market cap of $1.03 billion, a P/E ratio of 1,299.15 and a beta of 1.56. PDF Solutions, Inc. has a twelve month low of $15.91 and a twelve month high of $33.10.

PDF Solutions (NASDAQ:PDFS) last posted its earnings results on Thursday, November 6th. The technology company reported $0.25 EPS for the quarter, meeting the consensus estimate of $0.25. The company had revenue of $57.12 million for the quarter, compared to the consensus estimate of $56.69 million. PDF Solutions had a return on equity of 4.22% and a net margin of 0.44%. As a group, analysts expect that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Analyst Upgrades and Downgrades

PDFS has been the topic of several analyst reports. Wall Street Zen lowered PDF Solutions from a “buy” rating to a “hold” rating in a report on Saturday, July 26th. Weiss Ratings cut PDF Solutions from a “hold (c-)” rating to a “sell (d)” rating in a research note on Monday. Rosenblatt Securities increased their price objective on PDF Solutions from $31.00 to $33.00 and gave the company a “buy” rating in a report on Thursday, October 30th. Finally, DA Davidson upgraded shares of PDF Solutions from a “hold” rating to a “strong-buy” rating in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $34.00.

PDF Solutions Company Profile

PDF Solutions, Inc provides proprietary software and physical intellectual property products for integrated circuit designs, electrical measurement hardware tools, proven methodologies, and professional services in the United States, China, Japan, and internationally. The company offers Exensio software products, such as Manufacturing Analytics that store collected data in a common environment with a consistent view for enabling product engineers to identify and analyze production yield, performance, reliability, and other issues; Process Control that provides failure detection and classification capabilities for monitoring, alarming, and controlling manufacturing tool sets; Test Operations that offer data collection and analysis capabilities; and Assembly Operations that provide device manufacturers with the capability to link assembly and packaging data, including fabrication and characterization data over the product life cycle.