Divisar Capital Management LLC Sells 54,873 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Divisar Capital Management LLC trimmed its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 8.1% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 620,710 shares of the technology company's stock after selling 54,873 shares during the period. PDF Solutions comprises approximately 3.6% of Divisar Capital Management LLC's portfolio, making the stock its 13th largest position. Divisar Capital Management LLC owned about 1.60% of PDF Solutions worth $16,809,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of PDFS. William Blair Investment Management LLC boosted its holdings in PDF Solutions by 17.9% during the 4th quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company's stock valued at $28,802,000 after acquiring an additional 161,306 shares during the period. Raymond James Financial Inc. purchased a new stake in shares of PDF Solutions during the fourth quarter valued at approximately $2,482,000. Thrivent Financial for Lutherans increased its stake in shares of PDF Solutions by 14.5% in the fourth quarter. Thrivent Financial for Lutherans now owns 418,693 shares of the technology company's stock worth $11,338,000 after buying an additional 53,037 shares during the period. Renaissance Technologies LLC raised its holdings in PDF Solutions by 113.6% during the 4th quarter. Renaissance Technologies LLC now owns 83,100 shares of the technology company's stock valued at $2,250,000 after buying an additional 44,200 shares during the last quarter. Finally, Barclays PLC boosted its position in PDF Solutions by 388.4% during the 3rd quarter. Barclays PLC now owns 55,467 shares of the technology company's stock valued at $1,757,000 after buying an additional 44,111 shares during the period. 79.51% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, Director Michael B. Gustafson purchased 4,000 shares of the stock in a transaction dated Monday, February 24th. The stock was purchased 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 $520,556.44. This trade represents a 21.54 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO John Kachig Kibarian bought 34,356 shares of the company's stock in a transaction dated Monday, February 24th. The stock was purchased at an average price of $22.80 per share, for a total transaction 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 represents a 1.39 % increase in their position. The disclosure for this purchase can be found here. 11.13% of the stock is owned by company insiders.

PDF Solutions Price Performance

PDFS traded up $0.88 on Friday, hitting $19.19. The company had a trading volume of 159,178 shares, compared to its average volume of 185,597. The stock has a fifty day simple moving average of $19.55 and a 200-day simple moving average of $25.47. The firm has a market capitalization of $750.60 million, a P/E ratio of 191.90 and a beta of 1.62. PDF Solutions, Inc. has a 52-week low of $15.91 and a 52-week high of $39.70.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last released its earnings results 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 firm 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%. Equities research analysts expect that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on PDFS shares. DA Davidson lowered their price objective on shares of PDF Solutions from $36.00 to $24.00 and set a "buy" rating for the company in a research note on Monday, April 14th. StockNews.com upgraded PDF Solutions from a "hold" rating to a "buy" rating in a research report on Wednesday, April 23rd. Finally, Rosenblatt Securities decreased their target price on PDF Solutions from $40.00 to $37.00 and set a "buy" rating for the company in a report on Friday, February 14th.

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.