PDF Solutions, Inc. (NASDAQ:PDFS) Shares Sold by Janus Henderson Group PLC

Janus Henderson Group PLC lowered its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 1.6% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 647,931 shares of the technology company’s stock after selling 10,616 shares during the quarter. Janus Henderson Group PLC owned about 1.67% of PDF Solutions worth $17,546,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Pitcairn Co. increased its holdings in shares of PDF Solutions by 3.1% during the fourth quarter. Pitcairn Co. now owns 13,000 shares of the technology company’s stock valued at $352,000 after acquiring an additional 390 shares in the last quarter. KBC Group NV increased its holdings in shares of PDF Solutions by 91.6% during 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. Swiss National Bank increased its holdings in shares of PDF Solutions by 1.7% during the fourth quarter. Swiss National Bank now owns 61,000 shares of the technology company’s stock valued at $1,652,000 after acquiring an additional 1,000 shares in the last quarter. MetLife Investment Management LLC increased its holdings in shares of PDF Solutions by 6.6% during the fourth quarter. MetLife Investment Management LLC now owns 18,994 shares of the technology company’s stock valued at $514,000 after acquiring an additional 1,173 shares in the last quarter. Finally, LPL Financial LLC increased its holdings 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 valued at $274,000 after acquiring an additional 1,175 shares in the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

Insiders Place Their Bets

In related news, CEO John Kachig Kibarian acquired 34,356 shares of the stock in a transaction on Monday, February 24th. The shares were acquired 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 owns 2,507,112 shares in the company, valued at approximately $57,162,153.60. This trade represents a 1.39% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael B. Gustafson acquired 7,500 shares of the stock in a transaction on Tuesday, May 13th. The stock was bought at an average price of $19.45 per share, for a total transaction of $145,875.00. Following the transaction, the director now owns 30,074 shares in the company, valued at approximately $584,939.30. This represents a 33.22% increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 45,856 shares of company stock worth $1,021,432. Corporate insiders own 11.13% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on PDFS shares. StockNews.com downgraded shares of PDF Solutions from a “buy” rating to a “hold” rating in a report on Wednesday. DA Davidson dropped their target price on PDF Solutions from $36.00 to $24.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Finally, Rosenblatt Securities dropped their target price on PDF Solutions from $37.00 to $31.00 and set a “buy” rating on the stock in a research report on Monday, May 5th.

PDF Solutions Stock Up 3.0%

Shares of NASDAQ PDFS opened at $20.49 on Friday. The business’s 50 day moving average price is $19.08 and its 200 day moving average price is $24.89. The firm has a market cap of $801.96 million, a P/E ratio of 204.90 and a beta of 1.47. PDF Solutions, Inc. has a 52 week low of $15.91 and a 52 week high of $39.70.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, February 13th. The technology company reported $0.08 EPS 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 firm had revenue of $50.09 million during the quarter, compared to analysts’ expectations of $49.40 million. As a group, research analysts expect that PDF Solutions, Inc. will post 0.32 earnings per share for the current year.

PDF Solutions Company 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.