Segall Bryant & Hamill LLC Sells 2,278 Shares of PDF Solutions, Inc. (NASDAQ:PDFS)

Segall Bryant & Hamill LLC lessened its stake in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 1.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 168,876 shares of the technology company’s stock after selling 2,278 shares during the quarter. Segall Bryant & Hamill LLC owned about 0.44% of PDF Solutions worth $4,573,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in PDFS. Needham Investment Management LLC boosted its holdings in PDF Solutions by 32.3% in the third quarter. Needham Investment Management LLC now owns 1,759,550 shares of the technology company’s stock worth $55,743,000 after acquiring an additional 429,550 shares in the last quarter. State Street Corp raised its position in shares of PDF Solutions by 2.1% during the third quarter. State Street Corp now owns 1,147,622 shares of the technology company’s stock worth $36,357,000 after purchasing an additional 23,148 shares during the period. William Blair Investment Management LLC lifted its holdings in shares of PDF Solutions by 17.9% in the 4th quarter. William Blair Investment Management LLC now owns 1,063,583 shares of the technology company’s stock worth $28,802,000 after purchasing an additional 161,306 shares in the last quarter. Emerald Advisers LLC lifted its holdings in shares of PDF Solutions by 3.3% in the 4th quarter. Emerald Advisers LLC now owns 924,345 shares of the technology company’s stock worth $25,031,000 after purchasing an additional 29,097 shares in the last quarter. Finally, Geode Capital Management LLC grew its position in PDF Solutions by 1.2% in the 3rd quarter. Geode Capital Management LLC now owns 740,179 shares of the technology company’s stock valued at $23,453,000 after purchasing an additional 9,098 shares during the period. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, CEO John Kachig Kibarian bought 34,356 shares of the company’s stock in a transaction on Monday, February 24th. The shares were purchased at an average cost 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 in the company, valued at $57,162,153.60. The trade was a 1.39 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which is accessible through this link. Also, Director Michael B. Gustafson bought 4,000 shares of PDF Solutions 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 transaction, the director now directly owns 22,574 shares in the company, valued at approximately $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 corporate insiders.

Analyst Ratings Changes

Several research analysts have weighed in on PDFS shares. Northland Securities restated an “outperform” rating and set a $45.00 price objective on shares of PDF Solutions in a report on Tuesday, December 24th. Rosenblatt Securities lowered their target price on shares of PDF Solutions from $40.00 to $37.00 and set a “buy” rating on the stock in a report on Friday, February 14th.

PDF Solutions Trading Down 2.1 %

Shares of NASDAQ:PDFS opened at $20.05 on Friday. The stock has a market cap of $784.24 million, a PE ratio of 200.50 and a beta of 1.59. The stock’s fifty day simple moving average is $24.14 and its two-hundred day simple moving average is $27.82. PDF Solutions, Inc. has a 1-year low of $19.97 and a 1-year high of $39.70.

PDF Solutions (NASDAQ:PDFS) last released its quarterly earnings results 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 firm 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%. On average, sell-side analysts forecast that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

PDF Solutions 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.