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

William Blair Investment Management LLC increased its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 17.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,063,583 shares of the technology company’s stock after acquiring an additional 161,306 shares during the period. William Blair Investment Management LLC’s holdings in PDF Solutions were worth $28,802,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in PDFS. Thrivent Financial for Lutherans raised its holdings in shares of PDF Solutions by 1.0% during the third quarter. Thrivent Financial for Lutherans now owns 365,656 shares of the technology company’s stock worth $11,584,000 after acquiring an additional 3,659 shares during the period. Meeder Asset Management Inc. acquired a new stake in shares of PDF Solutions during the third quarter worth $37,000. FMR LLC raised its holdings in shares of PDF Solutions by 2.0% during the third quarter. FMR LLC now owns 119,153 shares of the technology company’s stock worth $3,775,000 after acquiring an additional 2,360 shares during the period. Verition Fund Management LLC raised its holdings in shares of PDF Solutions by 50.4% during the third quarter. Verition Fund Management LLC now owns 26,803 shares of the technology company’s stock worth $849,000 after acquiring an additional 8,980 shares during the period. Finally, Janus Henderson Group PLC raised its holdings in shares of 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 acquiring an additional 94,154 shares during the period. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have issued reports on the stock. Northland Securities reiterated an “outperform” rating and issued a $45.00 price target on shares of PDF Solutions in a research note on Tuesday, December 24th. Rosenblatt Securities lowered 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 note on Friday, February 14th.

PDF Solutions Trading Down 1.4 %

Shares of PDFS stock opened at $21.50 on Wednesday. PDF Solutions, Inc. has a 1 year low of $20.78 and a 1 year high of $39.70. The firm’s fifty day moving average price is $25.07 and its two-hundred day moving average price is $28.22. The firm has a market capitalization of $840.95 million, a P/E ratio of 215.00 and a beta of 1.59.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings data on Thursday, February 13th. The technology company reported $0.08 EPS for the quarter, missing analysts’ consensus estimates 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 the consensus estimate of $49.40 million. As a group, equities research analysts forecast that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

Insider Activity

In other news, CEO John Kachig Kibarian acquired 34,356 shares of the firm’s stock in a transaction dated Monday, February 24th. The stock was bought at an average price of $22.80 per share, with a total value of $783,316.80. Following the transaction, the chief executive officer now directly owns 2,507,112 shares in the company, valued at approximately $57,162,153.60. The trade was a 1.39 % increase in their position. The purchase was disclosed in a legal filing with the SEC, 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 shares were bought at an average cost of $23.06 per share, with a total value of $92,240.00. Following the acquisition, the director now directly owns 22,574 shares in the company, valued at $520,556.44. This trade represents 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.

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.