William Blair Investment Management LLC Has $28.80 Million Position in PDF Solutions, Inc. (NASDAQ:PDFS)

William Blair Investment Management LLC grew its holdings in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 17.9% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,063,583 shares of the technology company's stock after purchasing an additional 161,306 shares during the period. William Blair Investment Management LLC owned about 2.74% of PDF Solutions worth $28,802,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in PDFS. 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 worth $55,743,000 after buying an additional 429,550 shares during the last quarter. State Street Corp increased its holdings 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. Geode Capital Management LLC increased its holdings in PDF Solutions by 1.2% in the third quarter. Geode Capital Management LLC now owns 740,179 shares of the technology company's stock worth $23,453,000 after buying an additional 9,098 shares during the last quarter. Janus Henderson Group PLC increased its holdings in PDF Solutions by 16.7% in 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 during the last quarter. Finally, Thrivent Financial for Lutherans increased its holdings in PDF Solutions by 1.0% in the third quarter. Thrivent Financial for Lutherans now owns 365,656 shares of the technology company's stock worth $11,584,000 after buying an additional 3,659 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company's stock.

Remove Ads

Analyst Ratings Changes

A number of equities analysts recently commented on the company. 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 report on Friday, February 14th. Northland Securities reaffirmed an "outperform" rating and set a $45.00 target price on shares of PDF Solutions in a research report on Tuesday, December 24th.

Insider Activity

In other PDF Solutions news, CEO John Kachig Kibarian acquired 34,356 shares of PDF Solutions stock in a transaction dated Monday, February 24th. The stock was bought at an average cost of $22.80 per share, with a total value of $783,316.80. Following the completion of the transaction, the chief executive officer now owns 2,507,112 shares of the company's stock, valued at $57,162,153.60. The trade was a 1.39 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Michael B. Gustafson bought 4,000 shares of PDF Solutions stock in a transaction that occurred on Monday, February 24th. The stock was purchased at an average cost of $23.06 per share, with a total value of $92,240.00. Following the completion of the transaction, the director now owns 22,574 shares of the company's stock, valued at $520,556.44. This trade 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 owned by company insiders.

PDF Solutions Trading Down 0.8 %

PDF Solutions stock traded down $0.17 during trading hours on Friday, reaching $20.79. 545,816 shares of the company were exchanged, compared to its average volume of 167,207. The firm has a market cap of $813.18 million, a price-to-earnings ratio of 207.90 and a beta of 1.59. The stock has a 50-day moving average of $24.66 and a 200 day moving average of $28.05. PDF Solutions, Inc. has a 12 month low of $20.17 and a 12 month 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 earnings per share 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 business had revenue of $50.09 million during the quarter, compared to the consensus estimate of $49.40 million. As a group, research analysts forecast that PDF Solutions, Inc. will post 0.32 EPS for the current 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.