PDF Solutions, Inc. (NASDAQ:PDFS) Holdings Decreased by Emerald Mutual Fund Advisers Trust

Emerald Mutual Fund Advisers Trust reduced its stake in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 15.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 618,410 shares of the technology company's stock after selling 109,734 shares during the quarter. Emerald Mutual Fund Advisers Trust owned about 1.59% of PDF Solutions worth $16,747,000 at the end of the most recent reporting period.

A number of other hedge funds have also bought and sold shares of the business. Northern Trust Corp boosted its position in PDF Solutions by 8.8% in the fourth quarter. Northern Trust Corp now owns 405,286 shares of the technology company's stock valued at $10,975,000 after buying an additional 32,890 shares in the last quarter. Aquatic Capital Management LLC bought a new position in PDF Solutions in the fourth quarter worth approximately $136,000. Nebula Research & Development LLC grew its holdings in shares of PDF Solutions by 21.6% during the fourth quarter. Nebula Research & Development LLC now owns 10,290 shares of the technology company's stock valued at $279,000 after buying an additional 1,830 shares during the last quarter. Voya Investment Management LLC boosted its position in shares of PDF Solutions by 25.6% during the fourth quarter. Voya Investment Management LLC now owns 37,969 shares of the technology company's stock valued at $1,028,000 after buying an additional 7,743 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its holdings in shares of PDF Solutions by 17.1% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 12,025 shares of the technology company's stock valued at $326,000 after purchasing an additional 1,756 shares during the last quarter. 79.51% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on PDFS. DA Davidson cut their price target on 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 report on Wednesday, April 23rd. Finally, Rosenblatt Securities reduced their price objective on shares of PDF Solutions from $40.00 to $37.00 and set a "buy" rating for the company in a research note on Friday, February 14th.

Insiders Place Their Bets

In other news, Director Michael B. Gustafson acquired 4,000 shares of PDF Solutions stock in a transaction dated Monday, February 24th. The shares were acquired at an average cost of $23.06 per share, with a total value of $92,240.00. Following the purchase, the director now directly owns 22,574 shares of the company's stock, valued at approximately $520,556.44. This trade represents a 21.54 % increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO John Kachig Kibarian purchased 34,356 shares of the company's stock in a transaction that occurred on Monday, February 24th. The shares were purchased at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the purchase, the chief executive officer now directly 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 disclosure for this purchase can be found here. 11.13% of the stock is owned by company insiders.

PDF Solutions Trading Up 4.8 %

Shares of PDFS stock traded up $0.88 during trading hours on Friday, reaching $19.19. 159,178 shares of the company's stock were exchanged, compared to its average volume of 185,597. PDF Solutions, Inc. has a 1 year low of $15.91 and a 1 year high of $39.70. The stock has a market cap of $750.60 million, a PE ratio of 191.90 and a beta of 1.62. The stock's fifty day moving average price is $19.55 and its two-hundred day moving average price is $25.44.

PDF Solutions (NASDAQ:PDFS - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share for the quarter, missing analysts' consensus estimates of $0.23 by ($0.15). PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. The company had revenue of $50.09 million during the quarter, compared to analysts' expectations of $49.40 million. On average, equities analysts expect 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.