Photronics (NASDAQ:PLAB) Director Sells $293,475.00 in Stock

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 8,750 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $33.54, for a total transaction of $293,475.00. Following the transaction, the director directly owned 475,850 shares in the company, valued at approximately $15,960,009. The trade was a 1.81% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website.

Kang Jyh Lee also recently made the following trade(s):

• On Monday, December 22nd, Kang Jyh Lee sold 8,750 shares of Photronics stock. The shares were sold at an average price of $34.31, for a total transaction of $300,212.50.
• On Friday, December 12th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The shares were sold at an average price of $38.53, for a total value of $770,600.00.
• On Monday, December 15th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The stock was sold at an average price of $36.45, for a total value of $729,000.00.

Photronics Price Performance

PLAB traded up $1.82 on Tuesday, reaching $35.20. The company’s stock had a trading volume of 2,047,362 shares, compared to its average volume of 2,093,082. Photronics, Inc. has a 1 year low of $16.46 and a 1 year high of $39.80. The business’s 50 day moving average is $27.36 and its 200 day moving average is $23.70. The stock has a market cap of $2.08 billion, a price-to-earnings ratio of 15.37 and a beta of 1.52.

Photronics (NASDAQ:PLAB) last issued its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.13. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The business had revenue of $215.77 million during the quarter, compared to analyst estimates of $204.54 million. During the same quarter in the previous year, the firm earned $0.59 earnings per share. The business’s revenue was down 3.1% compared to the same quarter last year. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. As a group, research analysts forecast that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Zacks Research upgraded Photronics from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 17th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a research note on Monday, December 29th. Wall Street Zen raised shares of Photronics from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Craig Hallum lifted their price target on shares of Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, DA Davidson boosted their price objective on shares of Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Two analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $43.50.

Hedge Funds Weigh In On Photronics

Several hedge funds and other institutional investors have recently made changes to their positions in PLAB. Larson Financial Group LLC bought a new position in Photronics in the 3rd quarter worth approximately $28,000. Hantz Financial Services Inc. increased its holdings in shares of Photronics by 673.4% during the third quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 1,293 shares during the period. Byrne Asset Management LLC acquired a new position in shares of Photronics during the second quarter valued at $40,000. GAMMA Investing LLC raised its stake in shares of Photronics by 21.9% during the fourth 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 in the last quarter. Finally, Wexford Capital LP acquired a new stake in Photronics in the third quarter worth about $62,000. 88.38% of the stock is currently owned by institutional investors and hedge funds.

About Photronics

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.