Millrace Asset Group Inc. Has $1.46 Million Position in PDF Solutions, Inc. (NASDAQ:PDFS)

Millrace Asset Group Inc. cut its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 22.2% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 46,136 shares of the technology company’s stock after selling 13,151 shares during the quarter. Millrace Asset Group Inc.’s holdings in PDF Solutions were worth $1,462,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. FMR LLC lifted its stake in shares of PDF Solutions by 2.0% in the 3rd quarter. FMR LLC now owns 119,153 shares of the technology company’s stock valued at $3,775,000 after purchasing an additional 2,360 shares during the last quarter. Meeder Asset Management Inc. bought a new position in PDF Solutions during the third quarter valued at about $37,000. Thrivent Financial for Lutherans lifted its position in shares of PDF Solutions by 1.0% in the third quarter. Thrivent Financial for Lutherans now owns 365,656 shares of the technology company’s stock worth $11,584,000 after buying an additional 3,659 shares during the last quarter. MQS Management LLC bought a new stake in shares of PDF Solutions during the 3rd quarter worth about $331,000. Finally, Olympiad Research LP acquired a new position in shares of PDF Solutions during the 3rd quarter valued at about $253,000. 79.51% of the stock is owned by institutional investors.

Analysts Set New Price Targets

PDFS has been the subject of a number of recent analyst reports. StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a research report on Tuesday, November 12th. DA Davidson reaffirmed a “buy” rating and set a $42.00 price objective on shares of PDF Solutions in a report on Wednesday, August 28th. Finally, Rosenblatt Securities reiterated a “buy” rating and issued a $40.00 target price on shares of PDF Solutions in a report on Friday, November 8th.

PDF Solutions Stock Up 0.6 %

Shares of NASDAQ PDFS opened at $31.30 on Tuesday. PDF Solutions, Inc. has a 12 month low of $27.69 and a 12 month high of $39.70. The company has a market cap of $1.21 billion, a P/E ratio of 284.55 and a beta of 1.49. The business’s 50 day moving average is $30.36 and its two-hundred day moving average is $32.52.

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.