PDF Solutions, Inc. (NASDAQ:PDFS) CEO John Kachig Kibarian Purchases 34,356 Shares

PDF Solutions, Inc. (NASDAQ:PDFS - Get Free Report) CEO John Kachig Kibarian acquired 34,356 shares of the firm's stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average cost of $22.80 per share, with a total value of $783,316.80. Following the purchase, the chief executive officer now directly owns 2,507,112 shares in the company, valued at approximately $57,162,153.60. This trade represents a 1.39 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available through this hyperlink.

PDF Solutions Stock Performance

Shares of PDF Solutions stock traded up $0.21 during midday trading on Friday, reaching $22.52. 282,878 shares of the company's stock traded hands, compared to its average volume of 242,512. The company has a market cap of $873.17 million, a price-to-earnings ratio of 225.20 and a beta of 1.52. The company's 50 day simple moving average is $26.65 and its 200 day simple moving average is $29.12. PDF Solutions, Inc. has a 52 week low of $21.69 and a 52 week high of $39.70.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last released its quarterly 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 for 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%. As a group, equities research analysts predict that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

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Wall Street Analyst Weigh In

A number of brokerages have issued reports on PDFS. Northland Securities reissued an "outperform" rating and set a $45.00 target price on shares of PDF Solutions in a research note on Tuesday, December 24th. Rosenblatt Securities decreased their target price on shares of PDF Solutions from $40.00 to $37.00 and set a "buy" rating for the company in a research note on Friday, February 14th. Finally, StockNews.com raised shares of PDF Solutions from a "hold" rating to a "buy" rating in a research note on Tuesday, November 12th.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of PDFS. Needham Investment Management LLC raised its holdings in shares of PDF Solutions by 32.3% during 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 purchasing an additional 429,550 shares in the last quarter. William Blair Investment Management LLC raised its holdings in PDF Solutions by 17.9% in the 4th 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. Janus Henderson Group PLC raised its holdings in PDF Solutions by 16.7% in the 3rd quarter. Janus Henderson Group PLC now owns 658,547 shares of the technology company's stock worth $20,863,000 after acquiring an additional 94,154 shares during the period. Raymond James Financial Inc. bought a new position in PDF Solutions in the 4th quarter worth $2,482,000. Finally, Thrivent Financial for Lutherans raised its holdings in 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 acquiring an additional 53,037 shares during the period. Institutional investors own 79.51% of the company's stock.

PDF Solutions Company 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.