PDF Solutions, Inc. (NASDAQ:PDFS) Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 14.5% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 418,693 shares of the technology company's stock after purchasing an additional 53,037 shares during the period. Thrivent Financial for Lutherans owned approximately 1.08% of PDF Solutions worth $11,338,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Needham Investment Management LLC increased its holdings in PDF Solutions by 32.3% in the third 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 position in shares of PDF Solutions by 17.9% during the 4th quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company's stock valued at $28,802,000 after acquiring an additional 161,306 shares during the period. Janus Henderson Group PLC increased its stake in shares of PDF Solutions by 16.7% in the 3rd quarter. Janus Henderson Group PLC now owns 658,547 shares of the technology company's stock valued at $20,863,000 after purchasing an additional 94,154 shares in the last quarter. Raymond James Financial Inc. acquired a new position in PDF Solutions in the 4th quarter worth about $2,482,000. Finally, Barclays PLC boosted its position in PDF Solutions by 388.4% during the third quarter. Barclays PLC now owns 55,467 shares of the technology company's stock worth $1,757,000 after purchasing an additional 44,111 shares in the last quarter. Hedge funds and other institutional investors own 79.51% of the company's stock.

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PDF Solutions Stock Down 3.1 %

Shares of PDF Solutions stock traded down $0.65 during mid-day trading on Wednesday, reaching $20.47. 129,445 shares of the stock traded hands, compared to its average volume of 166,817. The stock has a market capitalization of $800.66 million, a PE ratio of 204.70 and a beta of 1.59. The business has a 50-day moving average of $24.43 and a 200 day moving average of $27.93. PDF Solutions, Inc. has a fifty-two week low of $20.17 and a fifty-two week high of $39.70.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.15). PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. The firm had revenue of $50.09 million during the quarter, compared to analyst estimates of $49.40 million. On average, equities research analysts expect that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

Insider Transactions at PDF Solutions

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

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Northland Securities reaffirmed 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 reduced their price objective on shares of PDF Solutions from $40.00 to $37.00 and set a "buy" rating for the company in a research report on Friday, February 14th.

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.