PDF Solutions, Inc. (NASDAQ:PDFS) Stock Holdings Lessened by Millrace Asset Group Inc.

Millrace Asset Group Inc. reduced its stake in PDF Solutions, Inc. (NASDAQ:PDFS) by 22.2% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 46,136 shares of the technology company’s stock after selling 13,151 shares during the period. Millrace Asset Group Inc. owned 0.12% of PDF Solutions worth $1,462,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Louisiana State Employees Retirement System increased its holdings in shares of PDF Solutions by 2.0% during the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock valued at $564,000 after purchasing an additional 300 shares during the period. GAMMA Investing LLC lifted its stake in PDF Solutions by 98.0% during the second quarter. GAMMA Investing LLC now owns 968 shares of the technology company’s stock valued at $35,000 after purchasing an additional 479 shares during the last quarter. Dana Investment Advisors Inc. boosted its stake in shares of PDF Solutions by 0.9% during the 2nd quarter. Dana Investment Advisors Inc. now owns 54,664 shares of the technology company’s stock worth $1,989,000 after acquiring an additional 491 shares in the last quarter. Nisa Investment Advisors LLC boosted its position in shares of PDF Solutions by 34.7% in the 3rd quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after purchasing an additional 526 shares during the period. Finally, nVerses Capital LLC acquired a new stake in PDF Solutions during the 2nd quarter worth about $25,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

PDF Solutions Stock Up 0.6 %

Shares of NASDAQ:PDFS opened at $31.30 on Tuesday. The firm has a fifty day moving average of $30.36 and a two-hundred day moving average of $32.52. PDF Solutions, Inc. has a 12-month low of $27.69 and a 12-month high of $39.70. The firm has a market capitalization of $1.21 billion, a P/E ratio of 284.55 and a beta of 1.49.

Wall Street Analysts Forecast Growth

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

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.