Cowen Prime Services buys $18,091,658 stake in PDF Solutions (PDFS)

PDF Solutions (PDFS) : Cowen Prime Services scooped up 15,100 additional shares in PDF Solutions during the most recent quarter end , the firm said in a disclosure report filed with the SEC on May 9, 2016. The investment management firm now holds a total of 1,424,540 shares of PDF Solutions which is valued at $18,091,658.PDF Solutions makes up approximately 8.79% of Cowen Prime Services’s portfolio.

Other Hedge Funds, Including , Oxford Asset Management added PDFS to its portfolio by purchasing 78,858 company shares during the most recent quarter which is valued at $1,001,497. PDF Solutions makes up approx 0.04% of Oxford Asset Management’s portfolio.Gilder Gagnon Howe Co boosted its stake in PDFS in the latest quarter, The investment management firm added 1,096 additional shares and now holds a total of 11,608 shares of PDF Solutions which is valued at $148,350. Stoneridge Investment Partners sold out all of its stake in PDFS during the most recent quarter. The investment firm sold 62,576 shares of PDFS which is valued $841,647.

PDF Solutions closed down -0.16 points or -1.24% at $12.7 with 53,905 shares getting traded on Friday. Post opening the session at $12.84, the shares hit an intraday low of $12.62 and an intraday high of $12.96 and the price fluctuated in this range throughout the day.Shares ended Friday session in Red.

On the company’s financial health, PDF Solutions reported $0.17 EPS for the quarter, based on the information available during the earnings call on Apr 28, 2016. Analyst had a consensus estimate of $0.17. The company had revenue of $25.08 million for the quarter, compared to analysts expectations of $25.14 million. The company’s revenue was down -6.5 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.26 EPS.

Many Wall Street Analysts have commented on PDF Solutions. Craig Hallum Initiated PDF Solutions on Feb 23, 2016 to “Buy”, Price Target of the shares are set at $17.

PDF Solutions Inc. is a provider of infrastructure technologies and services to improve yield and performance of integrated circuits (IC). The company’s technologies and services target the entire IC manufacturing process life cycle. The company’s solutions combine software test chips an electrical wafer test system methodologies and professional services. The company’s Characterization Vehicle (CV) electrical test chip infrastructure provides the modeling capabilities. Its Template layout patterns provide area performance and manufacturability for designing IC products. Its Exensio solution for YieldAware FDC enables variability control in manufacturing.

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