EntryPoint Capital LLC purchased a new stake in PDF Solutions, Inc. (NASDAQ:PDFS – Free Report) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 10,380 shares of the technology company’s stock, valued at approximately $281,000.
Several other institutional investors have also modified their holdings of PDFS. KBC Group NV raised its stake 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 acquiring an additional 956 shares in the last quarter. KLP Kapitalforvaltning AS acquired a new stake in PDF Solutions in the 4th quarter valued at about $160,000. Empowered Funds LLC purchased a new position in shares of PDF Solutions in the 4th quarter valued at about $165,000. LPL Financial LLC grew its position in shares of PDF Solutions by 13.2% during the fourth quarter. LPL Financial LLC now owns 10,101 shares of the technology company’s stock worth $274,000 after buying an additional 1,175 shares in the last quarter. Finally, Franklin Resources Inc. increased its stake in shares of PDF Solutions by 8.9% during the third quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock worth $394,000 after buying an additional 1,025 shares during the period. Institutional investors and hedge funds own 79.51% of the company’s stock.
Insider Buying and Selling at PDF Solutions
In other PDF Solutions news, CEO John Kachig Kibarian purchased 34,356 shares of PDF Solutions stock in a transaction that occurred on 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 transaction, 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 purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Michael B. Gustafson purchased 4,000 shares of the firm’s stock in a transaction that occurred on 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 purchase, the director now 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 disclosure for this purchase can be found here. 11.13% of the stock is currently owned by insiders.
PDF Solutions Stock Down 2.1 %
PDF Solutions (NASDAQ:PDFS – Get Free Report) last issued its quarterly earnings data on Thursday, February 13th. The technology company reported $0.08 earnings per share for the quarter, missing the consensus estimate of $0.23 by ($0.15). The company had revenue of $50.09 million for 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%. As a group, sell-side analysts anticipate that PDF Solutions, Inc. will post 0.32 EPS for the current year.
Analyst Ratings Changes
A number of brokerages recently issued reports on PDFS. Rosenblatt Securities decreased their price target 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. Northland Securities reaffirmed an “outperform” rating and set a $45.00 price objective on shares of PDF Solutions in a research report on Tuesday, December 24th.
View Our Latest Stock Report on PDF Solutions
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.
Featured Stories
- Five stocks we like better than PDF Solutions
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Penny Stock SurgePays Rises 70%: 1 Reason to Buy, 5 to SellĀ
- The Top 3 Healthcare Dividend Stocks to Buy and Hold
- Top 3 Beverage Stocks Pouring Out Profits
- How to Use High Beta Stocks to Maximize Your Investing Profits
- CarMax and Carvana: Steering the Used Car Market
Want to see what other hedge funds are holding PDFS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PDF Solutions, Inc. (NASDAQ:PDFS – Free Report).
Receive News & Ratings for PDF Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PDF Solutions and related companies with MarketBeat.com's FREE daily email newsletter.