Emerald Mutual Fund Advisers Trust Lowers Stock Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Emerald Mutual Fund Advisers Trust lowered its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 15.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 618,410 shares of the technology company’s stock after selling 109,734 shares during the quarter. Emerald Mutual Fund Advisers Trust’s holdings in PDF Solutions were worth $16,747,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Pitcairn Co. lifted its position in PDF Solutions by 3.1% during the 4th quarter. Pitcairn Co. now owns 13,000 shares of the technology company’s stock worth $352,000 after acquiring an additional 390 shares in the last quarter. KBC Group NV grew its stake in PDF Solutions by 91.6% in the fourth quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock worth $54,000 after purchasing an additional 956 shares in the last quarter. Swiss National Bank raised its stake in 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 buying an additional 1,000 shares in the last quarter. Franklin Resources Inc. boosted its holdings in PDF Solutions by 8.9% in the third quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock worth $394,000 after purchasing an additional 1,025 shares during the period. Finally, MetLife Investment Management LLC lifted its position in shares of PDF Solutions by 6.6% in the 4th quarter. MetLife Investment Management LLC now owns 18,994 shares of the technology company’s stock worth $514,000 after buying an additional 1,173 shares during the last quarter. Institutional investors and hedge funds own 79.51% of the company’s stock.

PDF Solutions Stock Performance

NASDAQ:PDFS opened at $18.48 on Tuesday. PDF Solutions, Inc. has a 1 year low of $15.91 and a 1 year high of $39.70. The business has a fifty day moving average of $19.90 and a 200-day moving average of $25.76. The stock has a market cap of $722.83 million, a price-to-earnings ratio of 184.80 and a beta of 1.62.

PDF Solutions (NASDAQ:PDFS) last released its quarterly 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 return on equity of 3.94% and a net margin of 2.26%. The company had revenue of $50.09 million for the quarter, compared to the consensus estimate of $49.40 million. On average, equities research analysts predict that PDF Solutions, Inc. will post 0.32 EPS for the current year.

Insider Buying and Selling at PDF Solutions

In related news, Director Michael B. Gustafson purchased 4,000 shares of PDF Solutions stock in a transaction dated Monday, February 24th. The stock was acquired at an average cost of $23.06 per share, with a total value of $92,240.00. Following the completion of the transaction, the director now directly owns 22,574 shares of the company’s stock, valued at $520,556.44. This trade represents a 21.54 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO John Kachig Kibarian acquired 34,356 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were bought at an average cost of $22.80 per share, for a total transaction of $783,316.80. Following the completion of the transaction, the chief executive officer now directly owns 2,507,112 shares of the company’s stock, valued at $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 corporate insiders.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the stock. StockNews.com raised shares of PDF Solutions from a “hold” rating to a “buy” rating in a report on Wednesday, April 23rd. DA Davidson reduced their price objective on PDF Solutions from $36.00 to $24.00 and set a “buy” rating for the company in a research report on Monday, April 14th. Finally, Rosenblatt Securities dropped their target price on PDF Solutions from $40.00 to $37.00 and set a “buy” rating on the stock in a research report on Friday, February 14th.

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.