Segall Bryant & Hamill LLC Sells 2,278 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Segall Bryant & Hamill LLC cut its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 1.3% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 168,876 shares of the technology company’s stock after selling 2,278 shares during the quarter. Segall Bryant & Hamill LLC’s holdings in PDF Solutions were worth $4,573,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. FMR LLC lifted its stake in shares of PDF Solutions by 2.0% during the 3rd quarter. FMR LLC now owns 119,153 shares of the technology company’s stock valued at $3,775,000 after buying an additional 2,360 shares in the last quarter. Verition Fund Management LLC raised its holdings in PDF Solutions by 50.4% during the 3rd quarter. Verition Fund Management LLC now owns 26,803 shares of the technology company’s stock valued at $849,000 after acquiring an additional 8,980 shares during the period. Janus Henderson Group PLC lifted its position 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 in the last quarter. Needham Investment Management LLC boosted its holdings in shares of 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 acquiring an additional 429,550 shares during the period. Finally, State Street Corp grew its position in shares of PDF Solutions by 2.1% in the third quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock valued at $36,357,000 after purchasing an additional 23,148 shares in the last quarter. Institutional investors own 79.51% of the company’s stock.

Insiders Place Their Bets

In other news, Director Michael B. Gustafson bought 4,000 shares of the company’s stock in a transaction that occurred on Monday, February 24th. The stock was bought at an average price of $23.06 per share, for a total transaction of $92,240.00. Following the transaction, the director now directly owns 22,574 shares of the company’s stock, valued at $520,556.44. This represents a 21.54 % increase in their position. The acquisition 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 PDF Solutions stock in a transaction on Monday, February 24th. The shares were acquired at an average price of $22.80 per share, for a total transaction of $783,316.80. Following the completion of the transaction, the chief executive officer now directly owns 2,507,112 shares of the company’s stock, valued at approximately $57,162,153.60. The trade was 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.

Analysts Set New Price Targets

Several brokerages have commented on PDFS. Rosenblatt Securities cut their target price on PDF Solutions from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, February 14th. Northland Securities restated an “outperform” rating and issued a $45.00 price objective on shares of PDF Solutions in a research report on Tuesday, December 24th.

PDF Solutions Stock Performance

Shares of PDFS stock opened at $20.05 on Friday. PDF Solutions, Inc. has a 52-week low of $19.97 and a 52-week high of $39.70. The business’s fifty day moving average is $24.14 and its 200 day moving average is $27.82. The company has a market capitalization of $784.24 million, a PE ratio of 200.50 and a beta of 1.59.

PDF Solutions (NASDAQ:PDFS) last released its quarterly 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 business had revenue of $50.09 million during the quarter, compared to analysts’ expectations of $49.40 million. PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. On average, sell-side analysts forecast that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

About PDF Solutions

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.