PDF Solutions, Inc. (NASDAQ:PDFS) Director Buys $92,240.00 in Stock

PDF Solutions, Inc. (NASDAQ:PDFS) Director Michael B. Gustafson acquired 4,000 shares of the stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of $23.06 per share, with a total value of $92,240.00. Following the transaction, the director now directly owns 22,574 shares of the company’s stock, valued at approximately $520,556.44. This trade represents a 21.54 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

PDF Solutions Price Performance

PDFS stock opened at $23.67 on Thursday. The stock has a market capitalization of $917.76 million, a P/E ratio of 236.70 and a beta of 1.52. PDF Solutions, Inc. has a 1-year low of $21.69 and a 1-year high of $39.70. The business has a fifty day moving average price of $26.88 and a 200-day moving average price of $29.23.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share for the quarter, missing analysts’ consensus estimates 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%. As a group, analysts anticipate that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

Institutional Investors Weigh In On PDF Solutions

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Needham Investment Management LLC raised its stake in PDF Solutions by 3.3% during the 4th quarter. Needham Investment Management LLC now owns 1,817,500 shares of the technology company’s stock valued at $49,218,000 after buying an additional 57,950 shares during the last quarter. State Street Corp grew its holdings in shares of PDF Solutions by 2.1% in the third quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock worth $36,357,000 after acquiring an additional 23,148 shares during the period. William Blair Investment Management LLC grew its holdings in shares of 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 acquiring an additional 161,306 shares during the period. Emerald Advisers LLC lifted its holdings in PDF Solutions by 3.3% in the fourth quarter. Emerald Advisers LLC now owns 924,345 shares of the technology company’s stock valued at $25,031,000 after acquiring an additional 29,097 shares during the period. Finally, Dimensional Fund Advisors LP lifted its holdings in PDF Solutions by 3.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 910,314 shares of the technology company’s stock valued at $24,652,000 after acquiring an additional 34,575 shares during the period. Hedge funds and other institutional investors own 79.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms have recently commented on PDFS. Rosenblatt Securities cut their target price 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. Northland Securities reissued an “outperform” rating and set a $45.00 price objective on shares of PDF Solutions in a research report on Tuesday, December 24th. Finally, StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a research note on Tuesday, November 12th.

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.