Janus Henderson Group PLC Decreases Stock Holdings in PDF Solutions, Inc. (NASDAQ:PDFS)

Janus Henderson Group PLC decreased its holdings in shares of PDF Solutions, Inc. (NASDAQ:PDFS) by 1.6% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 647,931 shares of the technology company’s stock after selling 10,616 shares during the period. Janus Henderson Group PLC’s holdings in PDF Solutions were worth $17,546,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Deutsche Bank AG lifted its position in shares of PDF Solutions by 9.2% during the 4th quarter. Deutsche Bank AG now owns 109,920 shares of the technology company’s stock valued at $2,977,000 after buying an additional 9,241 shares in the last quarter. Centiva Capital LP purchased a new position in PDF Solutions in the 4th quarter valued at $296,000. Bank of America Corp DE lifted its holdings in PDF Solutions by 50.7% in the 4th quarter. Bank of America Corp DE now owns 90,851 shares of the technology company’s stock valued at $2,460,000 after purchasing an additional 30,548 shares in the last quarter. Northern Trust Corp lifted its holdings in PDF Solutions by 8.8% in the 4th quarter. Northern Trust Corp now owns 405,286 shares of the technology company’s stock valued at $10,975,000 after purchasing an additional 32,890 shares in the last quarter. Finally, Aquatic Capital Management LLC purchased a new position in PDF Solutions in the 4th quarter valued at $136,000. Hedge funds and other institutional investors own 79.51% of the company’s stock.

PDF Solutions Stock Up 3.0%

Shares of PDFS opened at $20.49 on Friday. PDF Solutions, Inc. has a 52-week low of $15.91 and a 52-week high of $39.70. The company has a market capitalization of $801.96 million, a PE ratio of 204.90 and a beta of 1.47. The stock has a fifty day simple moving average of $19.08 and a two-hundred day simple moving average of $24.89.

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). 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 during the quarter, compared to analyst estimates of $49.40 million. As a group, equities analysts anticipate that PDF Solutions, Inc. will post 0.32 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on PDFS shares. StockNews.com lowered PDF Solutions from a “buy” rating to a “hold” rating in a report on Wednesday. DA Davidson decreased their price objective on PDF Solutions from $36.00 to $24.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Finally, Rosenblatt Securities decreased their price objective on PDF Solutions from $37.00 to $31.00 and set a “buy” rating on the stock in a report on Monday, May 5th.

Insiders Place Their Bets

In related news, Director Michael B. Gustafson bought 4,000 shares of the business’s stock in a transaction on 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 purchase, the director now directly owns 22,574 shares of the company’s stock, valued at $520,556.44. The trade was a 21.54% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO John Kachig Kibarian acquired 34,356 shares of the business’s stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average cost of $22.80 per share, with a total value of $783,316.80. Following the completion of the transaction, the chief executive officer now directly owns 2,507,112 shares in the company, valued at approximately $57,162,153.60. The trade was a 1.39% increase in their position. The disclosure for this purchase can be found here. Insiders purchased 45,856 shares of company stock valued at $1,021,432 in the last three months. 11.13% of the stock is currently owned by insiders.

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.