Michael B. Gustafson Purchases 4,000 Shares of PDF Solutions, Inc. (NASDAQ:PDFS) Stock

PDF Solutions, Inc. (NASDAQ:PDFS) Director Michael B. Gustafson acquired 4,000 shares of the company’s stock in a transaction dated Monday, February 24th. The shares were bought at an average cost of $23.06 per share, with a total value of $92,240.00. Following the completion of the acquisition, the director now directly owns 22,574 shares in the company, valued at $520,556.44. The trade was a 21.54 % increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

PDF Solutions Price Performance

PDFS opened at $23.67 on Thursday. The stock’s 50 day simple moving average is $26.88 and its 200 day simple moving average is $29.23. The firm has a market cap of $917.76 million, a price-to-earnings ratio of 236.70 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 posted its 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). PDF Solutions had a return on equity of 3.94% and a net margin of 2.26%. The firm had revenue of $50.09 million for the quarter, compared to analysts’ expectations of $49.40 million. As a group, sell-side analysts anticipate that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Institutional Investors Weigh In On PDF Solutions

A number of large investors have recently made changes to their positions in PDFS. Delta Investment Management LLC purchased a new stake in PDF Solutions in the fourth quarter worth $369,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its holdings in PDF Solutions by 7.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 65,725 shares of the technology company’s stock worth $1,780,000 after purchasing an additional 4,781 shares in the last quarter. Squarepoint Ops LLC lifted its position in shares of PDF Solutions by 33.3% in the 4th quarter. Squarepoint Ops LLC now owns 88,366 shares of the technology company’s stock worth $2,393,000 after purchasing an additional 22,063 shares during the period. Two Sigma Investments LP bought a new stake in shares of PDF Solutions during the 4th quarter valued at about $332,000. Finally, State of Wyoming increased its position in shares of PDF Solutions by 262.8% during the fourth quarter. State of Wyoming now owns 12,144 shares of the technology company’s stock valued at $329,000 after buying an additional 8,797 shares during the period. 79.51% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts have issued reports on PDFS shares. Northland Securities reaffirmed an “outperform” rating and issued a $45.00 target price on shares of PDF Solutions in a research note on Tuesday, December 24th. Rosenblatt Securities cut their price objective 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. Finally, StockNews.com raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Tuesday, November 12th.

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.