As Pdf Solutions (PDFS) Stock Price Rose, Shareholder Perritt Capital Management Has Lowered Stake by $1.10 Million; Red Hat (RHT) Position Raised by Los Angeles Capital Management & Equity Research Inc

August 12, 2018 - By Matthew Richard

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Perritt Capital Management Inc decreased its stake in Pdf Solutions Inc (PDFS) by 58.1% based on its latest 2018Q1 regulatory filing with the SEC. Perritt Capital Management Inc sold 100,000 shares as the company’s stock rose 4.59% while stock markets declined. The institutional investor held 72,111 shares of the technology company at the end of 2018Q1, valued at $821,000, down from 172,111 at the end of the previous reported quarter. Perritt Capital Management Inc who had been investing in Pdf Solutions Inc for a number of months, seems to be less bullish one the $318.16 million market cap company. The stock increased 1.12% or $0.11 during the last trading session, reaching $9.95. About 171,984 shares traded. PDF Solutions, Inc. (NASDAQ:PDFS) has declined 25.72% since August 12, 2017 and is downtrending. It has underperformed by 38.29% the S&P500.

Los Angeles Capital Management & Equity Research Inc increased its stake in Red Hat Inc (RHT) by 859.92% based on its latest 2018Q1 regulatory filing with the SEC. Los Angeles Capital Management & Equity Research Inc bought 28,360 shares as the company’s stock rose 11.53% while stock markets declined. The institutional investor held 31,658 shares of the technology company at the end of 2018Q1, valued at $4.73M, up from 3,298 at the end of the previous reported quarter. Los Angeles Capital Management & Equity Research Inc who had been investing in Red Hat Inc for a number of months, seems to be bullish on the $25.68B market cap company. The stock increased 0.04% or $0.06 during the last trading session, reaching $144.78. About 808,092 shares traded. Red Hat, Inc. (NYSE:RHT) has risen 85.99% since August 12, 2017 and is uptrending. It has outperformed by 73.42% the S&P500. Some Historical RHT News: 27/03/2018 – RED HAT INC RHT.N : JMP RAISES TARGET PRICE TO $175 FROM $140; 08/05/2018 – Red Hat Brings Cloud-Native Capabilities to Software Partner Ecosystem with Kubernetes Operators; 22/05/2018 – Red Hat Helps Power Tata Communications’ IZO™ Private Cloud with OpenShift and OpenStack; 08/05/2018 – Red Hat Announces 2018 Women in Open Source Award Winners; 30/05/2018 – Carahsoft Awarded U.S. Department of Defense Blanket Purchase Agreement for Red Hat Software and Services; 09/05/2018 – Red Hat Collaborates with the Massachusetts Open Cloud and Leading Children’s Hospital to Help Shape the Future of Medical; 21/05/2018 – Red Hat Delivers Cloud Foundation for Digital Transformation with Latest Version of OpenStack Platform; 19/04/2018 – Red Hat Presenting at JPMorgan Conference May 15; 22/03/2018 – RED HAT INC RHT.N : COWEN AND COMPANY RAISES TARGET PRICE TO $160 FROM $136; 09/05/2018 – Red Hat Collaborates with the Massachusetts Open Cloud and Leading Children’s Hospital to Help Shape the Future of Medical Image Processing

Among 41 analysts covering Red Hat (NYSE:RHT), 28 have Buy rating, 1 Sell and 12 Hold. Therefore 68% are positive. Red Hat had 141 analyst reports since August 25, 2015 according to SRatingsIntel. Stifel Nicolaus maintained it with “Buy” rating and $125.0 target in Monday, September 25 report. As per Friday, December 18, the company rating was maintained by Mizuho. JP Morgan maintained it with “Overweight” rating and $175 target in Wednesday, March 28 report. Drexel Hamilton initiated Red Hat, Inc. (NYSE:RHT) on Friday, October 9 with “Buy” rating. The stock of Red Hat, Inc. (NYSE:RHT) has “Neutral” rating given on Wednesday, June 21 by Robert W. Baird. BMO Capital Markets maintained Red Hat, Inc. (NYSE:RHT) on Friday, March 23 with “Market Perform” rating. The firm earned “Hold” rating on Wednesday, December 20 by Jefferies. The company was maintained on Tuesday, March 27 by Jefferies. On Tuesday, September 26 the stock rating was maintained by JP Morgan with “Overweight”. The firm has “Neutral” rating by Robert W. Baird given on Tuesday, February 28.

More news for Red Hat, Inc. (NYSE:RHT) were recently published by: Seekingalpha.com, which released: “Red Hat Outlook Disappoints” on July 30, 2018. Seekingalpha.com‘s article titled: “Red Hat: Soft Market Provides Great Opportunity” and published on August 04, 2018 is yet another important article.

Los Angeles Capital Management & Equity Research Inc, which manages about $15.74B and $17.65B US Long portfolio, decreased its stake in Amedisys Inc (NASDAQ:AMED) by 16,150 shares to 58,903 shares, valued at $3.55M in 2018Q1, according to the filing. It also reduced its holding in Microsoft Corp (NASDAQ:MSFT) by 28,840 shares in the quarter, leaving it with 5.75M shares, and cut its stake in Ecolab Inc (NYSE:ECL).

Investors sentiment decreased to 0.86 in Q1 2018. Its down 0.26, from 1.12 in 2017Q4. It dropped, as 46 investors sold RHT shares while 214 reduced holdings. 80 funds opened positions while 144 raised stakes. 160.68 million shares or 0.87% more from 159.29 million shares in 2017Q4 were reported. New York State Common Retirement Fund, New York-based fund reported 415,525 shares. Partner Fund Mngmt LP stated it has 0.79% of its portfolio in Red Hat, Inc. (NYSE:RHT). Moneta Gru Inv Advsr Ltd Company has invested 0.06% in Red Hat, Inc. (NYSE:RHT). Atlantic Tru Gru Lc reported 126,393 shares stake. Barbara Oil reported 11,000 shares stake. Synovus Financial holds 16 shares. Argent Cap Mgmt Ltd Liability Corp holds 3.65% or 666,615 shares in its portfolio. Amundi Pioneer Asset Mgmt stated it has 130,095 shares. First Midwest Bancorp Tru Division stated it has 0.32% of its portfolio in Red Hat, Inc. (NYSE:RHT). The New York-based Tremblant has invested 2.51% in Red Hat, Inc. (NYSE:RHT). Calamos Advisors Limited Liability Corporation stated it has 43,374 shares or 0.04% of all its holdings. Moreover, Frontier Communication has 0.59% invested in Red Hat, Inc. (NYSE:RHT) for 541,771 shares. 2,221 were reported by Old Mutual Customised Solutions (Proprietary) Ltd. 1,320 were reported by Huntington Financial Bank. Fairfield Bush accumulated 5,000 shares.

Among 3 analysts covering PDF Solutions Inc (NASDAQ:PDFS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. PDF Solutions Inc had 10 analyst reports since November 18, 2015 according to SRatingsIntel. The rating was maintained by Northland Capital on Friday, July 28 with “Hold”. Craig Hallum downgraded PDF Solutions, Inc. (NASDAQ:PDFS) on Friday, July 28 to “Hold” rating. The stock has “Buy” rating by Craig Hallum on Wednesday, July 12. The firm has “Buy” rating given on Thursday, October 13 by DA Davidson. The stock has “Buy” rating by Northland Capital on Tuesday, February 27. Northland Capital upgraded PDF Solutions, Inc. (NASDAQ:PDFS) on Tuesday, October 3 to “Outperform” rating. The firm has “Hold” rating given on Friday, July 29 by Craig Hallum. The firm has “Buy” rating by Craig Hallum given on Tuesday, February 23.

Analysts await PDF Solutions, Inc. (NASDAQ:PDFS) to report earnings on October, 25. They expect $0.01 EPS, down 50.00% or $0.01 from last year’s $0.02 per share. PDFS’s profit will be $319,759 for 248.75 P/E if the $0.01 EPS becomes a reality. After $-0.07 actual EPS reported by PDF Solutions, Inc. for the previous quarter, Wall Street now forecasts -114.29% EPS growth.

Investors sentiment increased to 1.47 in Q1 2018. Its up 0.02, from 1.45 in 2017Q4. It improved, as 14 investors sold PDFS shares while 24 reduced holdings. 13 funds opened positions while 43 raised stakes. 26.13 million shares or 7.05% less from 28.11 million shares in 2017Q4 were reported. Mason Street Advsrs Ltd Liability Co invested in 7,622 shares or 0% of the stock. Gsa Cap Prtnrs Llp holds 0.02% or 24,598 shares. Voya Invest Management Ltd Com reported 13,452 shares or 0% of all its holdings. Sei Invs Company stated it has 2,344 shares or 0% of all its holdings. Victory Cap Mgmt holds 1,078 shares. Morgan Stanley has invested 0% in PDF Solutions, Inc. (NASDAQ:PDFS). Lyon Street Cap Limited Liability Corporation owns 255,398 shares. Goldman Sachs Group Inc has 80,950 shares for 0% of their portfolio. State Teachers Retirement System has invested 0% in PDF Solutions, Inc. (NASDAQ:PDFS). Schwab Charles Invest reported 0% of its portfolio in PDF Solutions, Inc. (NASDAQ:PDFS). Louisiana State Employees Retirement reported 0.01% of its portfolio in PDF Solutions, Inc. (NASDAQ:PDFS). California State Teachers Retirement Systems holds 42,511 shares. Moreover, Legal And General Group Pcl has 0% invested in PDF Solutions, Inc. (NASDAQ:PDFS). State Of Alaska Department Of Revenue invested 0% of its portfolio in PDF Solutions, Inc. (NASDAQ:PDFS). Texas Permanent School Fund, Texas-based fund reported 18,189 shares.

PDF Solutions, Inc. (NASDAQ:PDFS) Institutional Positions Chart

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