Divisar Capital Management LLC Has $16.81 Million Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Divisar Capital Management LLC lowered its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 8.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 620,710 shares of the technology company's stock after selling 54,873 shares during the period. PDF Solutions comprises 3.6% of Divisar Capital Management LLC's portfolio, making the stock its 13th largest holding. Divisar Capital Management LLC owned approximately 1.60% of PDF Solutions worth $16,809,000 as of its most recent SEC filing.

Several other large investors have also modified their holdings of the business. KBC Group NV boosted its stake 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. Aquatic Capital Management LLC acquired a new stake in shares of PDF Solutions in the fourth quarter worth $136,000. KLP Kapitalforvaltning AS purchased a new position in shares of PDF Solutions in the 4th quarter valued at $160,000. Empowered Funds LLC acquired a new position in shares of PDF Solutions during the 4th quarter valued at $165,000. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in shares of PDF Solutions in the fourth quarter worth about $232,000. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities analysts have commented on PDFS shares. StockNews.com upgraded shares of PDF Solutions from a "hold" rating to a "buy" rating in a report on Tuesday. Rosenblatt Securities decreased their price target on PDF Solutions from $37.00 to $31.00 and set a "buy" rating for the company in a research note on Monday. Finally, DA Davidson decreased their target price on shares of PDF Solutions from $36.00 to $24.00 and set a "buy" rating for the company in a research report on Monday, April 14th.

Insiders Place Their Bets

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

PDF Solutions Price Performance

Shares of PDFS traded up $0.08 during mid-day trading on Tuesday, hitting $19.11. The company's stock had a trading volume of 63,703 shares, compared to its average volume of 184,941. PDF Solutions, Inc. has a fifty-two week low of $15.91 and a fifty-two week high of $39.70. The firm has a 50-day moving average price of $19.46 and a 200 day moving average price of $25.37. The stock has a market capitalization of $747.43 million, a price-to-earnings ratio of 191.09 and a beta of 1.62.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last announced its earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.15). The firm had revenue of $50.09 million for the quarter, compared to analyst estimates of $49.40 million. PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. As a group, equities analysts anticipate that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal 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.