Insider Selling: Photronics (NASDAQ:PLAB) Director Sells $390,000.00 in Stock

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 10,000 shares of the firm’s stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $39.00, for a total value of $390,000.00. Following the completion of the sale, the director directly owned 385,850 shares in the company, valued at approximately $15,048,150. The trade was a 2.53% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Thursday, March 19th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $35.80, for a total value of $358,000.00.
• On Thursday, January 15th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $34.13, for a total transaction of $341,300.00.
• On Monday, January 12th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $33.05, for a total transaction of $330,500.00.
• On Wednesday, January 7th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $34.83, for a total transaction of $348,300.00.
• On Monday, January 5th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $33.90, for a total transaction of $339,000.00.
• On Friday, January 2nd, Kang Jyh Lee sold 8,750 shares of Photronics stock. The stock was sold at an average price of $33.54, for a total transaction of $293,475.00.

Photronics Price Performance

Shares of NASDAQ:PLAB opened at $39.60 on Friday. The company’s fifty day moving average price is $36.66 and its 200-day moving average price is $29.99. The firm has a market capitalization of $2.34 billion, a price-to-earnings ratio of 16.85 and a beta of 1.50. Photronics, Inc. has a one year low of $16.46 and a one year high of $45.40.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.07. Photronics had a net margin of 15.83% and a return on equity of 7.88%. The company had revenue of $225.07 million during the quarter, compared to the consensus estimate of $220.09 million. During the same period in the previous year, the firm posted $0.52 EPS. The firm’s revenue was up 6.1% compared to the same quarter last year. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. As a group, equities research analysts expect that Photronics, Inc. will post 2.3 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a report on Monday, December 29th. Wall Street Zen raised Photronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 14th. DA Davidson boosted their target price on Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Finally, Lake Street Capital started coverage on shares of Photronics in a research report on Friday, March 20th. They set a “buy” rating and a $46.00 price target on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $46.33.

Institutional Investors Weigh In On Photronics

Institutional investors and hedge funds have recently bought and sold shares of the business. Hsbc Holdings PLC bought a new stake in shares of Photronics in the 4th quarter worth approximately $428,000. Union Savings Bank bought a new position in shares of Photronics during the fourth quarter valued at approximately $160,000. Caitong International Asset Management Co. Ltd raised its holdings in shares of Photronics by 278.4% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,650 shares of the semiconductor company’s stock valued at $53,000 after acquiring an additional 1,214 shares in the last quarter. DGS Capital Management LLC purchased a new stake in Photronics in the fourth quarter worth $220,000. Finally, Virtu Financial LLC purchased a new stake in Photronics in the fourth quarter worth $785,000. Hedge funds and other institutional investors own 88.38% of the company’s stock.

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.