EntryPoint Capital LLC Acquires Shares of 10,380 PDF Solutions, Inc. (NASDAQ:PDFS)

EntryPoint Capital LLC bought a new position in shares of PDF Solutions, Inc. (NASDAQ:PDFS) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 10,380 shares of the technology company’s stock, valued at approximately $281,000.

A number of other hedge funds have also modified their holdings of the business. KBC Group NV boosted its position in PDF Solutions by 91.6% during the fourth quarter. KBC Group NV now owns 2,000 shares of the technology company’s stock worth $54,000 after acquiring an additional 956 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in shares of PDF Solutions during the 4th quarter worth approximately $160,000. Empowered Funds LLC purchased a new stake in shares of PDF Solutions in the fourth quarter valued at approximately $165,000. LPL Financial LLC increased its holdings in shares of PDF Solutions by 13.2% in the fourth quarter. LPL Financial LLC now owns 10,101 shares of the technology company’s stock valued at $274,000 after purchasing an additional 1,175 shares during the last quarter. Finally, Franklin Resources Inc. lifted its position in PDF Solutions by 8.9% during the third quarter. Franklin Resources Inc. now owns 12,574 shares of the technology company’s stock worth $394,000 after buying an additional 1,025 shares in the last quarter. 79.51% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Michael B. Gustafson bought 4,000 shares of the business’s stock in a transaction on Monday, February 24th. The shares were bought at an average price 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 $520,556.44. This trade represents a 21.54 % increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO John Kachig Kibarian purchased 34,356 shares of the stock in a transaction dated Monday, February 24th. The shares were purchased at an average price of $22.80 per share, with a total value of $783,316.80. Following the completion of the transaction, the chief executive officer now owns 2,507,112 shares of the company’s stock, 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. 11.13% of the stock is currently owned by insiders.

PDF Solutions Stock Performance

PDFS opened at $20.05 on Friday. The stock has a market capitalization of $784.24 million, a PE ratio of 200.50 and a beta of 1.59. PDF Solutions, Inc. has a one year low of $19.97 and a one year high of $39.70. The business’s 50 day moving average price is $24.14 and its 200 day moving average price is $27.82.

PDF Solutions (NASDAQ:PDFS) last announced its quarterly earnings results on Thursday, February 13th. The technology company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.15). The business had revenue of $50.09 million during the quarter, compared to analyst estimates of $49.40 million. PDF Solutions had a net margin of 2.26% and a return on equity of 3.94%. As a group, equities research analysts forecast that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

Analysts Set New Price Targets

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

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.