Bridge City Capital LLC Has $1.74 Million Stock Holdings in Photronics, Inc. $PLAB

Bridge City Capital LLC decreased its position in shares of Photronics, Inc. (NASDAQ:PLAB) by 59.8% during the 4th quarter, Holdings Channel reports. The institutional investor owned 54,389 shares of the semiconductor company’s stock after selling 80,968 shares during the quarter. Bridge City Capital LLC’s holdings in Photronics were worth $1,740,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the stock. Parkside Financial Bank & Trust lifted its stake in shares of Photronics by 16.2% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,624 shares of the semiconductor company’s stock valued at $84,000 after purchasing an additional 365 shares during the period. Hantz Financial Services Inc. lifted its stake in shares of Photronics by 29.1% in the 4th quarter. Hantz Financial Services Inc. now owns 1,917 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 432 shares during the period. GAMMA Investing LLC lifted its stake in shares of Photronics by 21.9% in the 4th quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company’s stock valued at $83,000 after purchasing an additional 469 shares during the period. Kendall Capital Management lifted its stake in shares of Photronics by 1.2% in the 4th quarter. Kendall Capital Management now owns 46,385 shares of the semiconductor company’s stock valued at $1,484,000 after purchasing an additional 555 shares during the period. Finally, Franklin Resources Inc. lifted its stake in shares of Photronics by 0.9% in the 3rd quarter. Franklin Resources Inc. now owns 60,900 shares of the semiconductor company’s stock valued at $1,398,000 after purchasing an additional 570 shares during the period. Institutional investors and hedge funds own 88.38% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have recently weighed in on the company. Craig Hallum reissued a “buy” rating on shares of Photronics in a research note on Friday, May 29th. Lake Street Capital reissued a “buy” rating and issued a $55.00 price target on shares of Photronics in a research note on Friday, May 1st. Zacks Research downgraded Photronics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Wall Street Zen downgraded Photronics from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Weiss Ratings raised Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, Photronics presently has an average rating of “Moderate Buy” and an average price target of $49.33.

Photronics Trading Up 3.4%

PLAB stock opened at $31.78 on Friday. The stock has a 50-day moving average price of $44.46 and a two-hundred day moving average price of $37.83. The stock has a market cap of $1.87 billion, a PE ratio of 11.60 and a beta of 1.37. Photronics, Inc. has a 1 year low of $18.00 and a 1 year high of $56.00.

Photronics (NASDAQ:PLAB) last released its earnings results on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.11). The firm had revenue of $209.94 million for the quarter, compared to the consensus estimate of $216.47 million. Photronics had a return on equity of 7.69% and a net margin of 18.47%.Photronics’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter last year, the company posted $0.40 EPS. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

Insider Activity

In other Photronics news, Director Constantine S. Macricostas sold 50,000 shares of the stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $45.35, for a total transaction of $2,267,500.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CFO Eric Rivera sold 41,517 shares of the stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $44.00, for a total value of $1,826,748.00. Following the transaction, the chief financial officer owned 136,173 shares of the company’s stock, valued at approximately $5,991,612. This trade represents a 23.36% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 346,144 shares of company stock worth $15,061,759. 3.30% of the stock is currently owned by insiders.

Photronics Company 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.