Charles Schwab Investment Management Inc. Boosts Stake in PDF Solutions, Inc. (NASDAQ:PDFS)

Charles Schwab Investment Management Inc. increased its position in PDF Solutions, Inc. (NASDAQ:PDFS) by 2.4% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 270,832 shares of the technology company’s stock after purchasing an additional 6,246 shares during the period. Charles Schwab Investment Management Inc.’s holdings in PDF Solutions were worth $7,334,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. KBC Group NV raised its stake in PDF Solutions by 91.6% during the 4th 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 during the last quarter. Franklin Resources Inc. raised its stake in PDF Solutions by 8.9% during the 3rd quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock valued at $394,000 after acquiring an additional 1,025 shares during the last quarter. Inspire Investing LLC raised its stake in PDF Solutions by 13.7% during the 4th quarter. Inspire Investing LLC now owns 14,848 shares of the technology company’s stock valued at $402,000 after acquiring an additional 1,793 shares during the last quarter. FMR LLC raised its stake in PDF Solutions by 2.0% during the 3rd quarter. FMR LLC now owns 119,153 shares of the technology company’s stock valued at $3,775,000 after acquiring an additional 2,360 shares during the last quarter. Finally, Jane Street Group LLC raised its stake in PDF Solutions by 13.3% during the 3rd quarter. Jane Street Group LLC now owns 36,455 shares of the technology company’s stock valued at $1,155,000 after acquiring an additional 4,271 shares during the last quarter. 79.51% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several analysts have commented on the company. Northland Securities reaffirmed an “outperform” rating and set a $45.00 price objective on shares of PDF Solutions in a research note on Tuesday, December 24th. Rosenblatt Securities cut their target price on PDF Solutions from $40.00 to $37.00 and set a “buy” rating for the company in a research note on Friday, February 14th.

PDF Solutions Trading Down 0.8 %

Shares of PDFS stock opened at $20.79 on Monday. The company has a market cap of $813.18 million, a price-to-earnings ratio of 207.90 and a beta of 1.59. The stock has a 50 day simple moving average of $24.66 and a 200-day simple moving average of $28.03. PDF Solutions, Inc. has a 12-month low of $20.17 and a 12-month high of $39.70.

PDF Solutions (NASDAQ:PDFS) last issued its earnings results on Thursday, February 13th. The technology company reported $0.08 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.15). The business 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, equities analysts forecast that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, Director Michael B. Gustafson purchased 4,000 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of $23.06 per share, for a total transaction of $92,240.00. Following the acquisition, the director now directly owns 22,574 shares in the company, valued at approximately $520,556.44. The trade was a 21.54 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO John Kachig Kibarian purchased 34,356 shares of the 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 acquisition, 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 ownership of the stock. The disclosure for this purchase can be found here. Insiders own 11.13% of the company’s stock.

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.