PDF Solutions, Inc. (NASDAQ:PDFS) Holdings Boosted by Needham Investment Management LLC

Needham Investment Management LLC boosted its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 32.3% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 1,759,550 shares of the technology company’s stock after buying an additional 429,550 shares during the period. PDF Solutions makes up about 4.3% of Needham Investment Management LLC’s holdings, making the stock its 2nd biggest position. Needham Investment Management LLC’s holdings in PDF Solutions were worth $55,743,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of PDFS. Price T Rowe Associates Inc. MD grew its position in PDF Solutions by 17.6% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 8,784 shares of the technology company’s stock valued at $296,000 after buying an additional 1,317 shares during the last quarter. GAMMA Investing LLC boosted its position 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 in the last quarter. SG Americas Securities LLC purchased a new stake in shares of PDF Solutions during the 2nd quarter worth $337,000. Sequoia Financial Advisors LLC purchased a new stake in shares of PDF Solutions during the 2nd quarter worth $689,000. Finally, Assenagon Asset Management S.A. boosted its position in shares of PDF Solutions by 9.9% during the 2nd quarter. Assenagon Asset Management S.A. now owns 231,915 shares of the technology company’s stock worth $8,437,000 after purchasing an additional 20,885 shares in the last quarter. 79.51% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have commented on PDFS shares. Rosenblatt Securities restated a “buy” rating and set a $40.00 target price on shares of PDF Solutions in a research report on Friday, November 8th. StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. Finally, DA Davidson reiterated a “buy” rating and issued a $42.00 price objective on shares of PDF Solutions in a research report on Wednesday, August 28th.

PDF Solutions Stock Down 1.0 %

Shares of PDF Solutions stock traded down $0.33 on Tuesday, hitting $31.64. The company’s stock had a trading volume of 13,192 shares, compared to its average volume of 162,264. The firm has a fifty day moving average price of $30.49 and a 200-day moving average price of $32.41. PDF Solutions, Inc. has a 52-week low of $27.69 and a 52-week high of $39.70. The company has a market capitalization of $1.23 billion, a P/E ratio of 290.66 and a beta of 1.51.

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.