AMI Asset Management Corp Cuts Stock Position in PDF Solutions, Inc. (NASDAQ:PDFS)

AMI Asset Management Corp decreased its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 56.9% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,250 shares of the technology company’s stock after selling 20,156 shares during the period. AMI Asset Management Corp’s holdings in PDF Solutions were worth $413,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Meeder Asset Management Inc. acquired a new position in PDF Solutions in the third quarter valued at approximately $37,000. GAMMA Investing LLC boosted its holdings in shares of PDF Solutions by 77.3% during the third quarter. GAMMA Investing LLC now owns 1,716 shares of the technology company’s stock valued at $54,000 after acquiring an additional 748 shares during the period. Nisa Investment Advisors LLC increased its holdings 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 worth $65,000 after acquiring an additional 526 shares during the period. Olympiad Research LP bought a new stake in PDF Solutions in the 3rd quarter valued at about $253,000. Finally, MQS Management LLC acquired a new position in PDF Solutions during the 3rd quarter valued at about $331,000. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Stock Up 1.5 %

NASDAQ:PDFS opened at $27.88 on Tuesday. The stock’s fifty day simple moving average is $29.58 and its 200-day simple moving average is $30.89. The firm has a market capitalization of $1.08 billion, a P/E ratio of 253.48 and a beta of 1.53. PDF Solutions, Inc. has a 12-month low of $26.60 and a 12-month high of $39.70.

Insider Activity at PDF Solutions

In related news, insider Andrzej Strojwas sold 5,030 shares of the business’s stock in a transaction that occurred on Monday, December 16th. The stock was sold at an average price of $30.85, for a total transaction of $155,175.50. Following the transaction, the insider now directly owns 94,717 shares of the company’s stock, valued at approximately $2,922,019.45. The trade was a 5.04 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Nancy Erba sold 2,000 shares of the stock in a transaction that occurred on Wednesday, December 11th. The stock was sold at an average price of $30.81, for a total transaction of $61,620.00. Following the transaction, the director now owns 13,739 shares in the company, valued at approximately $423,298.59. The trade was a 12.71 % decrease in their position. The disclosure for this sale can be found here. 11.13% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

A number of analysts have commented on PDFS shares. Rosenblatt Securities restated a “buy” rating and set a $40.00 price target 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, Northland Securities restated an “outperform” rating and set a $45.00 price target on shares of PDF Solutions in a report on Tuesday, December 24th.

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.