Dimensional Fund Advisors LP Raises Stock Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Dimensional Fund Advisors LP increased its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 3.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 910,314 shares of the technology company's stock after buying an additional 34,575 shares during the quarter. Dimensional Fund Advisors LP owned about 2.35% of PDF Solutions worth $24,652,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. Pitcairn Co. increased its position in shares of PDF Solutions by 3.1% during the 4th quarter. Pitcairn Co. now owns 13,000 shares of the technology company's stock worth $352,000 after purchasing an additional 390 shares during the last quarter. KBC Group NV increased its position in shares of PDF Solutions by 91.6% during the fourth quarter. KBC Group NV now owns 2,000 shares of the technology company's stock valued at $54,000 after acquiring an additional 956 shares during the last quarter. Swiss National Bank raised its stake in shares of PDF Solutions by 1.7% in the 4th quarter. Swiss National Bank now owns 61,000 shares of the technology company's stock valued at $1,652,000 after acquiring an additional 1,000 shares during the period. LPL Financial LLC raised its stake in shares of PDF Solutions by 13.2% in the 4th quarter. LPL Financial LLC now owns 10,101 shares of the technology company's stock valued at $274,000 after acquiring an additional 1,175 shares during the period. Finally, Dana Investment Advisors Inc. lifted its holdings in shares of PDF Solutions by 2.9% in the 4th quarter. Dana Investment Advisors Inc. now owns 56,103 shares of the technology company's stock worth $1,519,000 after acquiring an additional 1,600 shares during the last quarter. Hedge funds and other institutional investors own 79.51% of the company's stock.

Insider Activity

In related news, CEO John Kachig Kibarian acquired 34,356 shares of the business's stock in a transaction on Monday, February 24th. The shares were bought 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 acquisition was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, Director Michael B. Gustafson acquired 4,000 shares of PDF Solutions stock in a transaction dated Monday, February 24th. The shares were bought at an average price of $23.06 per share, with a total value of $92,240.00. Following the transaction, the director now directly owns 22,574 shares in the company, valued at approximately $520,556.44. The trade was a 21.54 % increase in their position. The disclosure for this purchase can be found here. Company insiders own 11.13% of the company's stock.

PDF Solutions Trading Down 6.1 %

PDFS traded down $1.19 on Friday, hitting $18.41. 523,347 shares of the company were exchanged, compared to its average volume of 188,014. The firm has a 50-day moving average price of $19.23 and a two-hundred day moving average price of $25.14. PDF Solutions, Inc. has a twelve month low of $15.91 and a twelve month high of $39.70. The company has a market cap of $720.55 million, a price-to-earnings ratio of 184.10 and a beta of 1.47.

PDF Solutions (NASDAQ:PDFS - Get Free Report) 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). The company had revenue of $50.09 million for the quarter, compared to analyst estimates of $49.40 million. PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. Equities analysts expect that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. DA Davidson cut their target price on PDF Solutions from $36.00 to $24.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Rosenblatt Securities lowered their target price on PDF Solutions from $37.00 to $31.00 and set a "buy" rating for the company in a report on Monday, May 5th. Finally, StockNews.com raised PDF Solutions from a "hold" rating to a "buy" rating in a research report on Tuesday.

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.