Northern Trust Corp Purchases 32,890 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Northern Trust Corp lifted its holdings in PDF Solutions, Inc. (NASDAQ:PDFS - Free Report) by 8.8% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 405,286 shares of the technology company's stock after purchasing an additional 32,890 shares during the quarter. Northern Trust Corp owned 1.05% of PDF Solutions worth $10,975,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of PDFS. KBC Group NV grew its holdings in shares of PDF Solutions by 91.6% in the fourth quarter. KBC Group NV now owns 2,000 shares of the technology company's stock valued at $54,000 after purchasing an additional 956 shares in the last quarter. Aquatic Capital Management LLC purchased a new position in shares of PDF Solutions in the fourth quarter valued at $136,000. KLP Kapitalforvaltning AS purchased a new position in shares of PDF Solutions in the fourth quarter valued at $160,000. Empowered Funds LLC purchased a new position in shares of PDF Solutions in the fourth quarter valued at $165,000. Finally, Dynamic Technology Lab Private Ltd purchased a new position in shares of PDF Solutions in the fourth quarter valued at $232,000. 79.51% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at PDF Solutions

In other PDF Solutions news, CEO John Kachig Kibarian bought 34,356 shares of the firm's stock in a transaction dated Monday, February 24th. The stock was acquired at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the completion of the transaction, 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 filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Michael B. Gustafson bought 7,500 shares of the firm's stock in a transaction dated Tuesday, May 13th. The shares were acquired at an average price of $19.45 per share, with a total value of $145,875.00. Following the completion of the transaction, the director now owns 30,074 shares of the company's stock, valued at approximately $584,939.30. The trade was a 33.22% increase in their position. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 45,856 shares of company stock worth $1,021,432. 11.09% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Wall Street Zen downgraded PDF Solutions from a "buy" rating to a "hold" rating in a research report on Wednesday, May 14th. Rosenblatt Securities lowered their price target on PDF Solutions from $37.00 to $31.00 and set a "buy" rating for the company in a research report on Monday, May 5th. Finally, DA Davidson lowered their price target on PDF Solutions from $36.00 to $24.00 and set a "buy" rating for the company in a research report on Monday, April 14th.

PDF Solutions Stock Down 0.6%

PDFS traded down $0.12 during trading on Thursday, reaching $18.72. The company had a trading volume of 152,539 shares, compared to its average volume of 188,783. The stock has a market cap of $732.68 million, a P/E ratio of 187.20 and a beta of 1.47. The business has a 50 day simple moving average of $18.84 and a 200-day simple moving average of $24.54. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $39.70.

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.