John Kachig Kibarian Buys 34,356 Shares of PDF Solutions, Inc. (NASDAQ:PDFS) Stock

PDF Solutions, Inc. (NASDAQ:PDFS) CEO John Kachig Kibarian bought 34,356 shares of the stock in a transaction dated Monday, February 24th. The shares were bought at an average cost of $22.80 per share, with a total value of $783,316.80. Following the completion of the purchase, the chief executive officer now directly owns 2,507,112 shares of the company’s stock, valued at approximately $57,162,153.60. This trade represents a 1.39 % increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

PDF Solutions Price Performance

NASDAQ:PDFS opened at $23.67 on Thursday. The firm has a market cap of $917.76 million, a PE ratio of 236.70 and a beta of 1.52. The company has a 50-day moving average of $26.88 and a 200 day moving average of $29.23. PDF Solutions, Inc. has a 1-year low of $21.69 and a 1-year high of $39.70.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.15). The business had revenue of $50.09 million during the quarter, compared to analysts’ expectations of $49.40 million. PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. Sell-side analysts anticipate that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on PDFS. Northland Securities reiterated an “outperform” rating and set a $45.00 price objective on shares of PDF Solutions in a report on Tuesday, December 24th. StockNews.com raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th. Finally, Rosenblatt Securities dropped their price objective on PDF Solutions from $40.00 to $37.00 and set a “buy” rating on the stock in a research note on Friday, February 14th.

Institutional Investors Weigh In On PDF Solutions

A number of institutional investors have recently added to or reduced their stakes in PDFS. Needham Investment Management LLC boosted its holdings in shares of PDF Solutions by 32.3% in the 3rd quarter. Needham Investment Management LLC now owns 1,759,550 shares of the technology company’s stock valued at $55,743,000 after buying an additional 429,550 shares in the last quarter. William Blair Investment Management LLC grew its holdings in PDF Solutions by 17.9% in the fourth quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company’s stock worth $28,802,000 after purchasing an additional 161,306 shares during the last quarter. Janus Henderson Group PLC increased its position in shares of PDF Solutions by 16.7% during the third quarter. Janus Henderson Group PLC now owns 658,547 shares of the technology company’s stock worth $20,863,000 after purchasing an additional 94,154 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of PDF Solutions during the 4th quarter valued at $2,482,000. Finally, Thrivent Financial for Lutherans boosted its position in shares of PDF Solutions by 14.5% in the 4th quarter. Thrivent Financial for Lutherans now owns 418,693 shares of the technology company’s stock worth $11,338,000 after purchasing an additional 53,037 shares in the last quarter. Institutional investors own 79.51% of the company’s stock.

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.