Rothschild Wealth LLC Makes New $1.48 Million Investment in Photronics, Inc. $PLAB

Rothschild Wealth LLC purchased a new position in shares of Photronics, Inc. (NASDAQ:PLAB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm purchased 46,300 shares of the semiconductor company’s stock, valued at approximately $1,482,000.

Other hedge funds also recently modified their holdings of the company. K.J. Harrison & Partners Inc acquired a new stake in shares of Photronics during the 4th quarter worth about $960,000. LSV Asset Management boosted its stake in shares of Photronics by 14.7% during the 4th quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company’s stock worth $92,271,000 after purchasing an additional 370,489 shares during the last quarter. Denali Advisors LLC boosted its stake in shares of Photronics by 33.2% during the 4th quarter. Denali Advisors LLC now owns 313,404 shares of the semiconductor company’s stock worth $10,029,000 after purchasing an additional 78,166 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH boosted its stake in shares of Photronics by 41.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 285,261 shares of the semiconductor company’s stock worth $9,128,000 after purchasing an additional 83,400 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its stake in shares of Photronics by 699.0% during the 3rd quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company’s stock worth $52,914,000 after purchasing an additional 2,017,052 shares during the last quarter. 88.38% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Photronics

In related news, CEO George Macricostas sold 121,194 shares of the firm’s stock in a transaction that occurred on Wednesday, April 8th. The shares were sold at an average price of $42.94, for a total value of $5,204,070.36. Following the transaction, the chief executive officer owned 334,068 shares in the company, valued at approximately $14,344,879.92. This trade represents a 26.62% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Constantine S. Macricostas sold 50,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $45.35, for a total transaction of $2,267,500.00. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 346,144 shares of company stock worth $15,061,759. 3.30% of the stock is currently owned by insiders.

Photronics Price Performance

Shares of PLAB stock opened at $30.43 on Wednesday. The firm has a market cap of $1.79 billion, a P/E ratio of 11.11 and a beta of 1.37. Photronics, Inc. has a 1-year low of $18.00 and a 1-year high of $56.00. The firm’s 50-day simple moving average is $44.09 and its 200-day simple moving average is $38.07.

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

Wall Street Analysts Forecast Growth

PLAB has been the topic of several analyst reports. Wall Street Zen cut shares of Photronics from a “buy” rating to a “hold” rating in a research note on Saturday. Craig Hallum reaffirmed a “buy” rating on shares of Photronics in a research note on Friday, May 29th. Zacks Research lowered shares of Photronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings upgraded shares of Photronics from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, Lake Street Capital reiterated a “buy” rating and set a $55.00 price objective on shares of Photronics in a report on Friday, May 1st. One investment 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. Based on data from MarketBeat.com, Photronics has an average rating of “Moderate Buy” and an average price target of $49.33.

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.