Emerald Advisers LLC Has $25.03 Million Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Emerald Advisers LLC boosted its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 3.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 924,345 shares of the technology company's stock after buying an additional 29,097 shares during the quarter. Emerald Advisers LLC owned 2.38% of PDF Solutions worth $25,031,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of PDFS. FMR LLC boosted its position in shares of PDF Solutions by 2.0% during the 3rd quarter. FMR LLC now owns 119,153 shares of the technology company's stock valued at $3,775,000 after purchasing an additional 2,360 shares in the last quarter. Verition Fund Management LLC lifted its stake in PDF Solutions by 50.4% during the third quarter. Verition Fund Management LLC now owns 26,803 shares of the technology company's stock valued at $849,000 after purchasing an additional 8,980 shares during the last quarter. Janus Henderson Group PLC boosted its holdings in 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 buying an additional 94,154 shares in the last quarter. Needham Investment Management LLC boosted its holdings in PDF Solutions by 32.3% during the third quarter. Needham Investment Management LLC now owns 1,759,550 shares of the technology company's stock worth $55,743,000 after buying an additional 429,550 shares in the last quarter. Finally, State Street Corp grew its position in 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 buying an additional 23,148 shares during the last quarter. 79.51% of the stock is owned by institutional investors and hedge funds.

Insider Activity at PDF Solutions

In related news, CEO John Kachig Kibarian purchased 34,356 shares of the stock in a transaction on Monday, February 24th. The shares were purchased at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the completion of the transaction, the chief executive officer now directly owns 2,507,112 shares of the company's stock, valued at approximately $57,162,153.60. The trade was a 1.39 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Michael B. Gustafson acquired 4,000 shares of the company's stock in a transaction on Monday, February 24th. The shares were bought at an average price of $23.06 per share, with a total value of $92,240.00. Following the completion of the purchase, the director now directly owns 22,574 shares of the company's stock, valued at approximately $520,556.44. This represents a 21.54 % increase in their ownership of the stock. The disclosure for this purchase can be found here. 11.13% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on PDFS shares. Northland Securities reaffirmed an "outperform" rating and issued a $45.00 price objective on shares of PDF Solutions in a research note on Tuesday, December 24th. Rosenblatt Securities dropped their price target on shares of PDF Solutions from $40.00 to $37.00 and set a "buy" rating on the stock in a research report on Friday, February 14th.

PDF Solutions Stock Down 2.1 %

Shares of PDFS stock traded down $0.42 during mid-day trading on Thursday, reaching $20.05. The stock had a trading volume of 216,056 shares, compared to its average volume of 167,101. The firm has a market cap of $784.24 million, a PE ratio of 200.50 and a beta of 1.59. PDF Solutions, Inc. has a one year low of $19.95 and a one year high of $39.70. The firm's 50 day simple moving average is $24.14 and its 200 day simple moving average is $27.82.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share (EPS) 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 the consensus estimate of $49.40 million. PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. Sell-side analysts forecast that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

PDF Solutions Profile

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.