Ranger Investment Management L.P. Purchases 109,616 Shares of PDF Solutions, Inc. $PDFS

Ranger Investment Management L.P. lifted its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 9.4% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,279,630 shares of the technology company’s stock after purchasing an additional 109,616 shares during the period. PDF Solutions comprises 3.0% of Ranger Investment Management L.P.’s investment portfolio, making the stock its 3rd largest holding. Ranger Investment Management L.P.’s holdings in PDF Solutions were worth $41,857,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Lisanti Capital Growth LLC bought a new stake in PDF Solutions during the 4th quarter worth approximately $3,011,000. Legato Capital Management LLC increased its holdings in PDF Solutions by 96.4% in the fourth quarter. Legato Capital Management LLC now owns 53,530 shares of the technology company’s stock valued at $1,527,000 after purchasing an additional 26,268 shares during the period. Louisiana State Employees Retirement System bought a new position in PDF Solutions during the 1st quarter worth $464,000. Nano Cap New Millennium Growth Fund L P bought a new position in PDF Solutions during the 4th quarter worth $556,000. Finally, Illinois Municipal Retirement Fund lifted its holdings in PDF Solutions by 11.7% during the 1st quarter. Illinois Municipal Retirement Fund now owns 16,385 shares of the technology company’s stock worth $536,000 after buying an additional 1,718 shares during the period. Institutional investors own 79.51% of the company’s stock.

PDF Solutions Trading Down 6.6%

PDFS opened at $44.59 on Wednesday. The company has a fifty day moving average price of $55.91 and a two-hundred day moving average price of $43.25. PDF Solutions, Inc. has a 1-year low of $18.12 and a 1-year high of $71.68. The company has a market cap of $1.78 billion, a P/E ratio of 247.74 and a beta of 1.63. 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 (NASDAQ:PDFS) last issued its earnings results on Thursday, May 7th. The technology company reported $0.31 EPS 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 the consensus estimate of $59.71 million. Analysts predict that PDF Solutions, Inc. will post 0.67 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of research firms have commented on PDFS. Rosenblatt Securities upped their price target on PDF Solutions from $52.00 to $63.00 and gave the company a “buy” rating in a research report on Friday, July 10th. Wall Street Zen raised PDF Solutions from a “hold” rating to a “buy” rating in a research note on Saturday, June 27th. Weiss Ratings raised PDF Solutions from a “sell (d)” rating to a “sell (d+)” rating in a research note on Monday, May 11th. Finally, DA Davidson reissued a “buy” rating and set a $56.00 target price on shares of PDF Solutions in a research report on Monday, May 18th. Two research analysts have rated the stock with a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, PDF Solutions currently has a consensus rating of “Hold” and a consensus price target of $59.50.

PDF Solutions Profile

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.