MQS Management LLC Buys Shares of 10,458 PDF Solutions, Inc. (NASDAQ:PDFS)

MQS Management LLC purchased a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 10,458 shares of the technology company’s stock, valued at approximately $331,000.

Several other hedge funds also recently modified their holdings of the business. nVerses Capital LLC bought a new position in PDF Solutions during the second quarter worth $25,000. GAMMA Investing LLC increased its holdings in shares of PDF Solutions by 98.0% during the 2nd quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock worth $35,000 after purchasing an additional 479 shares during the period. Nisa Investment Advisors LLC raised its position in shares of PDF Solutions by 34.7% during the third quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after buying an additional 526 shares during the last quarter. Quest Partners LLC raised its position in shares of PDF Solutions by 20,281.5% during the second quarter. Quest Partners LLC now owns 5,503 shares of the technology company’s stock valued at $200,000 after buying an additional 5,476 shares during the last quarter. Finally, ProShare Advisors LLC bought a new stake in shares of PDF Solutions in the first quarter valued at about $210,000. 79.51% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have commented on PDFS. StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday. Rosenblatt Securities reaffirmed a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a research report on Friday, November 8th. Finally, DA Davidson reissued a “buy” rating and issued a $42.00 price target on shares of PDF Solutions in a report on Wednesday, August 28th.

PDF Solutions Trading Down 2.4 %

NASDAQ PDFS opened at $31.09 on Friday. PDF Solutions, Inc. has a 1-year low of $27.69 and a 1-year high of $39.70. The stock’s 50 day moving average is $30.07 and its two-hundred day moving average is $32.57. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of 282.66 and a beta of 1.49.

About PDF Solutions

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.