Falcon Point Capital buys $11,970,819 stake in PDF Solutions (PDFS)

PDF Solutions (PDFS) : Falcon Point Capital scooped up 33,828 additional shares in PDF Solutions during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 26, 2016. The investment management firm now holds a total of 745,381 shares of PDF Solutions which is valued at $11,970,819.PDF Solutions makes up approximately 2.01% of Falcon Point Capital’s portfolio.

Other Hedge Funds, Including , Strs Ohio boosted its stake in PDFS in the latest quarter, The investment management firm added 21,300 additional shares and now holds a total of 28,100 shares of PDF Solutions which is valued at $451,286.Magee Thomson Investment Partners reduced its stake in PDFS by selling 193 shares or 68.2% in the most recent quarter. The Hedge Fund company now holds 90 shares of PDFS which is valued at $1,421.Thomson Horstmann Bryant Inc reduced its stake in PDFS by selling 19,214 shares or 3.15% in the most recent quarter. The Hedge Fund company now holds 590,818 shares of PDFS which is valued at $9,329,016. PDF Solutions makes up approx 1.15% of Thomson Horstmann Bryant Inc’s portfolio. Bnp Paribas Arbitrage Sa added PDFS to its portfolio by purchasing 1,002 company shares during the most recent quarter which is valued at $14,218.

PDF Solutions opened for trading at $15.1 and hit $16.63 on the upside on Friday, eventually ending the session at $16.5, with a gain of 2.93% or 0.47 points. The heightened volatility saw the trading volume jump to 4,17,523 shares. Company has a market cap of $515 M.

On the company’s financial health, PDF Solutions reported $0.17 EPS for the quarter, missing the analyst consensus estimate by $ -0.01 based on the information available during the earnings call on Jul 28, 2016. Analyst had a consensus of $0.18. The company had revenue of $26.70 million for the quarter, compared to analysts expectations of $25.66 million. The company’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.18 EPS.

Many Wall Street Analysts have commented on PDF Solutions. PDF Solutions was Downgraded by Craig Hallum to ” Hold” on Jul 29, 2016.

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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