Photronics, Inc. $PLAB Shares Sold by Pacific Ridge Capital Partners LLC

Pacific Ridge Capital Partners LLC lessened its holdings in shares of Photronics, Inc. (NASDAQ:PLAB) by 22.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 55,305 shares of the semiconductor company’s stock after selling 16,108 shares during the period. Pacific Ridge Capital Partners LLC owned approximately 0.09% of Photronics worth $1,770,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in the business. GAMMA Investing LLC raised its stake in shares of Photronics by 21.9% during the 4th quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company’s stock valued at $83,000 after buying an additional 469 shares during the last quarter. Kendall Capital Management boosted its stake in shares of Photronics by 1.2% in the fourth quarter. Kendall Capital Management now owns 46,385 shares of the semiconductor company’s stock worth $1,484,000 after buying an additional 555 shares during the last quarter. Franklin Resources Inc. grew its holdings in Photronics by 0.9% during the third quarter. Franklin Resources Inc. now owns 60,900 shares of the semiconductor company’s stock worth $1,398,000 after acquiring an additional 570 shares during the period. Torren Management LLC purchased a new position in Photronics during the fourth quarter valued at approximately $26,000. Finally, Quantinno Capital Management LP lifted its holdings in Photronics by 6.8% in the second quarter. Quantinno Capital Management LP now owns 14,847 shares of the semiconductor company’s stock valued at $280,000 after acquiring an additional 945 shares during the period. 88.38% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, Director Kang Jyh Lee sold 20,000 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $45.92, for a total value of $918,400.00. Following the transaction, the director directly owned 355,850 shares of the company’s stock, valued at approximately $16,340,632. This trade represents a 5.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, COO Hsueh-Chun Wang sold 19,250 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $45.30, for a total transaction of $872,025.00. Following the transaction, the chief operating officer owned 113,560 shares in the company, valued at $5,144,268. The trade was a 14.49% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 346,144 shares of company stock worth $15,061,759 in the last ninety days. Company insiders own 3.30% of the company’s stock.

Photronics Trading Up 2.5%

PLAB stock opened at $54.96 on Tuesday. Photronics, Inc. has a 12-month low of $16.59 and a 12-month high of $56.00. The stock has a market cap of $3.24 billion, a price-to-earnings ratio of 23.39 and a beta of 1.51. The business’s 50-day moving average is $42.45 and its 200 day moving average is $34.81.

Photronics (NASDAQ:PLAB) last announced its earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 EPS for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. The business had revenue of $225.07 million during the quarter, compared to analysts’ expectations of $220.09 million. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The business’s revenue was up 6.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.52 earnings per share. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. As a group, equities analysts forecast that Photronics, Inc. will post 2.35 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on PLAB shares. Craig Hallum reaffirmed a “buy” rating and set a $48.00 price objective on shares of Photronics in a research note on Tuesday, March 3rd. Wall Street Zen upgraded shares of Photronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Weiss Ratings upgraded shares of Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Zacks Research raised shares of Photronics from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 14th. Finally, Lake Street Capital restated a “buy” rating and issued a $55.00 price target on shares of Photronics in a research note on Friday, May 1st. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $49.33.

Photronics Profile

Photronics, Inc is a leading global supplier of photomask products used in the manufacture of integrated circuits, flat panel displays, microelectromechanical systems (MEMS), and advanced packaging applications. Photomasks, also known as reticles, are critical templates that carry the precise circuit patterns required for semiconductor lithography processes. The company offers a comprehensive range of mask solutions, including binary masks, attenuated phase-shift masks, reticles for micro-optics, and specialized products for high‐resolution applications.

Founded in 1969 and headquartered in Brookfield, Connecticut, Photronics has grown through organic expansion and strategic investments in high‐end lithography technology.