Magnetar Financial LLC Purchases Shares of 23,725 PDF Solutions, Inc. $PDFS

Magnetar Financial LLC purchased a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 23,725 shares of the technology company’s stock, valued at approximately $507,000. Magnetar Financial LLC owned about 0.06% of PDF Solutions as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. CWM LLC grew its stake in shares of 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 purchasing an additional 891 shares during the period. Strs Ohio acquired a new position in shares of PDF Solutions in the 1st quarter worth approximately $105,000. Wealth Enhancement Advisory Services LLC grew its position in PDF Solutions by 18.1% during the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 12,115 shares of the technology company’s stock worth $279,000 after acquiring an additional 1,855 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of PDF Solutions in the first quarter valued at $255,000. Finally, State of Wyoming raised its position in PDF Solutions by 21.7% in the 1st quarter. State of Wyoming now owns 14,779 shares of the technology company’s stock worth $282,000 after purchasing an additional 2,635 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. DA Davidson upgraded shares of PDF Solutions from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. Weiss Ratings reissued a “sell (d)” rating on shares of PDF Solutions in a report on Monday, November 17th. Finally, Rosenblatt Securities raised their price objective on PDF Solutions from $31.00 to $33.00 and gave the stock a “buy” rating in a research note on Thursday, October 30th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $34.00.

PDF Solutions Stock Up 2.7%

NASDAQ:PDFS opened at $25.60 on Tuesday. PDF Solutions, Inc. has a twelve month low of $15.91 and a twelve month high of $32.37. The firm has a market capitalization of $1.01 billion, a price-to-earnings ratio of 1,280.64 and a beta of 1.57. 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’s 50 day moving average price is $26.13 and its two-hundred day moving average price is $22.59.

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%. Equities research analysts expect that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

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.