PDF Solutions, Inc. (NASDAQ:PDFS) Shares Purchased by Wasatch Advisors LP

Wasatch Advisors LP raised its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 12.4% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,287,236 shares of the technology company’s stock after purchasing an additional 141,752 shares during the period. Wasatch Advisors LP owned about 3.36% of PDF Solutions worth $41,372,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of PDFS. Victory Capital Management Inc. lifted its holdings in shares of PDF Solutions by 1.3% in the 3rd quarter. Victory Capital Management Inc. now owns 36,544 shares of the technology company’s stock worth $1,184,000 after purchasing an additional 475 shares during the last quarter. Quantbot Technologies LP bought a new stake in PDF Solutions in the third quarter valued at $35,000. Swiss National Bank boosted its holdings in shares of PDF Solutions by 1.2% during the third quarter. Swiss National Bank now owns 66,600 shares of the technology company’s stock valued at $2,158,000 after acquiring an additional 800 shares during the period. Charles Schwab Investment Management Inc. grew its position in shares of PDF Solutions by 5.1% during the third quarter. Charles Schwab Investment Management Inc. now owns 240,962 shares of the technology company’s stock worth $7,807,000 after acquiring an additional 11,605 shares during the last quarter. Finally, Mutual of America Capital Management LLC increased its holdings in shares of PDF Solutions by 14.2% in the 3rd quarter. Mutual of America Capital Management LLC now owns 116,358 shares of the technology company’s stock worth $3,770,000 after acquiring an additional 14,445 shares during the period. 79.51% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at PDF Solutions

In related news, Director Shuo Zhang sold 5,500 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $34.66, for a total value of $190,630.00. Following the completion of the sale, the director now owns 10,381 shares of the company’s stock, valued at approximately $359,805.46. The sale was disclosed in a document filed with the SEC, which is available at this link. In other PDF Solutions news, CFO Adnan Raza sold 9,647 shares of the business’s stock in a transaction dated Friday, May 17th. The stock was sold at an average price of $33.95, for a total value of $327,515.65. Following the completion of the sale, the chief financial officer now owns 48,218 shares of the company’s stock, valued at $1,637,001.10. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, Director Shuo Zhang sold 5,500 shares of the business’s stock in a transaction that occurred on Monday, June 3rd. The stock was sold at an average price of $34.66, for a total value of $190,630.00. Following the completion of the sale, the director now owns 10,381 shares of the company’s stock, valued at $359,805.46. The disclosure for this sale can be found here. Insiders sold 16,490 shares of company stock valued at $564,506 in the last three months. Corporate insiders own 11.21% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. StockNews.com lowered PDF Solutions from a “buy” rating to a “hold” rating in a report on Friday, February 16th. Rosenblatt Securities reissued a “buy” rating and set a $40.00 price target on shares of PDF Solutions in a report on Friday, May 10th. Finally, DA Davidson upped their price objective on shares of PDF Solutions from $40.00 to $42.00 and gave the stock a “buy” rating in a report on Tuesday, May 28th.

PDF Solutions Trading Down 0.9 %

NASDAQ:PDFS traded down $0.32 on Tuesday, hitting $33.87. 1,853 shares of the company’s stock traded hands, compared to its average volume of 165,872. The company has a market cap of $1.30 billion, a PE ratio of 683.80 and a beta of 1.51. PDF Solutions, Inc. has a 1 year low of $26.12 and a 1 year high of $48.02. The firm has a 50-day moving average price of $33.04 and a 200-day moving average price of $32.63.

PDF Solutions (NASDAQ:PDFS) last released its earnings results on Thursday, May 9th. The technology company reported $0.01 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.15 by ($0.14). PDF Solutions had a return on equity of 4.83% and a net margin of 1.42%. The company had revenue of $41.31 million during the quarter, compared to analysts’ expectations of $41.20 million. During the same quarter in the previous year, the company earned $0.08 EPS. On average, research analysts forecast that PDF Solutions, Inc. will post 0.34 EPS for the current fiscal year.

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.