PDF Solutions, Inc. (NASDAQ:PDFS) Shares Sold by Invesco Ltd.

Invesco Ltd. lowered its position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 12.8% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 88,246 shares of the technology company’s stock after selling 12,926 shares during the period. Invesco Ltd.’s holdings in PDF Solutions were worth $2,390,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also made changes to their positions in PDFS. KBC Group NV increased its holdings in shares of PDF Solutions by 91.6% during the 4th quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock worth $54,000 after buying an additional 956 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new stake in shares of PDF Solutions during the 4th quarter worth approximately $160,000. Empowered Funds LLC acquired a new stake in shares of PDF Solutions during the 4th quarter worth approximately $165,000. Dynamic Technology Lab Private Ltd acquired a new stake in shares of PDF Solutions during the 4th quarter worth approximately $232,000. Finally, LPL Financial LLC increased its holdings in 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 purchasing an additional 1,175 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Stock Down 1.5 %

Shares of PDFS stock opened at $18.48 on Tuesday. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $39.70. The stock has a market capitalization of $722.83 million, a PE ratio of 184.80 and a beta of 1.62. The firm has a 50 day moving average of $19.90 and a two-hundred day moving average of $25.76.

PDF Solutions (NASDAQ:PDFS) last issued its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.15). PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. The business had revenue of $50.09 million during the quarter, compared to analysts’ expectations of $49.40 million. Analysts expect that PDF Solutions, Inc. will post 0.32 EPS for the current fiscal year.

Insider Buying and Selling at PDF Solutions

In other PDF Solutions news, Director Michael B. Gustafson bought 4,000 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were acquired at an average price of $23.06 per share, with a total value of $92,240.00. Following the transaction, the director now owns 22,574 shares of the company’s stock, valued at approximately $520,556.44. The trade was a 21.54 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO John Kachig Kibarian bought 34,356 shares of the business’s stock in a transaction dated Monday, February 24th. The shares were acquired at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the transaction, the chief executive officer now directly owns 2,507,112 shares in the company, 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 insiders.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the stock. DA Davidson dropped their target price on shares of PDF Solutions from $36.00 to $24.00 and set a “buy” rating for the company in a report on Monday, April 14th. Rosenblatt Securities dropped their target price on shares of PDF Solutions from $40.00 to $37.00 and set a “buy” rating for the company in a report on Friday, February 14th. Finally, StockNews.com upgraded shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Wednesday, April 23rd.

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.