PDF Solutions, Inc. (NASDAQ:PDFS) CEO John Kachig Kibarian Buys 34,356 Shares of Stock

PDF Solutions, Inc. (NASDAQ:PDFS) CEO John Kachig Kibarian bought 34,356 shares of the business’s stock in a transaction on Monday, February 24th. The stock was bought at an average price of $22.80 per share, for a total transaction of $783,316.80. Following the completion of 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

PDF Solutions Trading Down 2.2 %

Shares of PDFS opened at $21.97 on Wednesday. The business’s 50-day moving average price is $26.99 and its 200 day moving average price is $29.27. The stock has a market capitalization of $851.84 million, a P/E ratio of 219.70 and a beta of 1.52. PDF Solutions, Inc. has a 1-year low of $21.69 and a 1-year high of $39.70.

PDF Solutions (NASDAQ:PDFS) 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). The company had revenue of $50.09 million during the quarter, compared to analysts’ expectations of $49.40 million. PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. On average, research analysts predict that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

Hedge Funds Weigh In On PDF Solutions

Institutional investors have recently bought and sold shares of the stock. Meeder Asset Management Inc. purchased a new position in PDF Solutions in the 3rd quarter worth about $37,000. KBC Group NV boosted its position in 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 acquiring an additional 956 shares during the period. Nisa Investment Advisors LLC boosted its position in PDF Solutions by 34.7% during the 3rd quarter. Nisa Investment Advisors LLC now owns 2,042 shares of the technology company’s stock worth $65,000 after acquiring an additional 526 shares during the period. Aquatic Capital Management LLC acquired a new stake in PDF Solutions during the 4th quarter worth about $136,000. Finally, KLP Kapitalforvaltning AS acquired a new stake in PDF Solutions during the 4th quarter worth about $160,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on PDFS shares. Rosenblatt Securities cut their target price on PDF Solutions from $40.00 to $37.00 and set a “buy” rating on the stock in a research note on Friday, February 14th. StockNews.com raised PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th. Finally, Northland Securities reissued an “outperform” rating and set a $45.00 price target on shares of PDF Solutions in a report on Tuesday, December 24th.

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.