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

Emerald Advisers LLC lifted its holdings in PDF Solutions, Inc. (NASDAQ:PDFS) by 3.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 924,345 shares of the technology company’s stock after purchasing an additional 29,097 shares during the period. Emerald Advisers LLC owned 2.38% of PDF Solutions worth $25,031,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. KBC Group NV lifted its stake in shares of PDF Solutions by 91.6% in the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock valued at $54,000 after purchasing an additional 956 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in PDF Solutions during the 4th quarter worth $160,000. Empowered Funds LLC acquired a new position in PDF Solutions during the 4th quarter worth $165,000. LPL Financial LLC lifted its position in PDF Solutions by 13.2% during the 4th quarter. LPL Financial LLC now owns 10,101 shares of the technology company’s stock worth $274,000 after acquiring an additional 1,175 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in PDF Solutions by 8.9% during the 3rd quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock worth $394,000 after acquiring an additional 1,025 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have weighed in on PDFS shares. Rosenblatt Securities cut 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 report on Friday, February 14th. Northland Securities reissued an “outperform” rating and set a $45.00 target price on shares of PDF Solutions in a research report on Tuesday, December 24th.

PDF Solutions Stock Performance

NASDAQ PDFS opened at $20.79 on Friday. The firm has a 50-day simple moving average of $24.66 and a 200 day simple moving average of $28.04. PDF Solutions, Inc. has a twelve month low of $20.17 and a twelve month high of $39.70. The stock has a market cap of $813.18 million, a PE ratio of 207.90 and a beta of 1.59.

PDF Solutions (NASDAQ:PDFS) last released its earnings results 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). The company 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%. Research analysts forecast that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

Insiders Place Their Bets

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