BNP Paribas Financial Markets Sells 15,148 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

BNP Paribas Financial Markets decreased its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 43.3% during the third quarter, Holdings Channel reports. The firm owned 19,803 shares of the technology company’s stock after selling 15,148 shares during the quarter. BNP Paribas Financial Markets’ holdings in PDF Solutions were worth $627,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Louisiana State Employees Retirement System boosted its holdings in shares of PDF Solutions by 2.0% in the second quarter. Louisiana State Employees Retirement System now owns 15,500 shares of the technology company’s stock worth $564,000 after buying an additional 300 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 during the last quarter. Nisa Investment Advisors LLC grew its position in shares of PDF Solutions by 34.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock valued at $65,000 after acquiring an additional 526 shares during the period. nVerses Capital LLC purchased a new stake in shares of PDF Solutions in the 2nd quarter worth $25,000. Finally, The Manufacturers Life Insurance Company raised its holdings in PDF Solutions by 4.5% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 16,433 shares of the technology company’s stock worth $598,000 after purchasing an additional 707 shares during the period. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Price Performance

Shares of NASDAQ:PDFS opened at $30.38 on Friday. The firm has a market capitalization of $1.18 billion, a PE ratio of 276.18 and a beta of 1.51. The business has a 50 day simple moving average of $30.47 and a two-hundred day simple moving average of $32.21. PDF Solutions, Inc. has a 1 year low of $27.69 and a 1 year high of $39.70.

Analysts Set New Price Targets

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

Insider Activity

In other PDF Solutions news, Director Nancy Erba sold 2,000 shares of the company’s stock in a transaction 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 completion of the sale, the director now owns 13,739 shares in the company, valued at $423,298.59. This represents a 12.71 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 11.13% of the company’s stock.

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.