Photronics (NASDAQ:PLAB) Director Sells $330,500.00 in Stock

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 10,000 shares of Photronics stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $33.05, for a total value of $330,500.00. Following the sale, the director directly owned 435,850 shares of the company’s stock, valued at approximately $14,404,842.50. The trade was a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

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

• On Wednesday, January 7th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $34.83, for a total value of $348,300.00.
• On Monday, January 5th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were 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 shares were sold at an average price of $33.54, for a total transaction of $293,475.00.
• On Monday, December 22nd, Kang Jyh Lee sold 8,750 shares of Photronics stock. The stock was 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 stock was sold at an average price of $38.53, for a total transaction of $770,600.00.
• On Monday, December 15th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The shares were sold at an average price of $36.45, for a total transaction of $729,000.00.

Photronics Trading Down 5.9%

Shares of NASDAQ:PLAB traded down $1.97 on Wednesday, reaching $31.42. 1,246,477 shares of the company’s stock were exchanged, compared to its average volume of 1,041,803. Photronics, Inc. has a twelve month low of $16.46 and a twelve month high of $39.80. The company has a fifty day moving average of $28.49 and a 200-day moving average of $24.27. The company has a market capitalization of $1.86 billion, a price-to-earnings ratio of 13.72 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, beating the consensus estimate of $0.47 by $0.13. Photronics had a return on equity of 7.87% and a net margin of 16.06%.The business had revenue of $215.77 million during the quarter, compared to analysts’ expectations of $204.54 million. During the same period in the previous year, the company posted $0.59 earnings per share. The firm’s revenue for the quarter 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, equities research analysts forecast that Photronics, Inc. will post 2.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on PLAB. Zacks Research upgraded Photronics from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 17th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a report on Monday, December 29th. DA Davidson boosted their target price 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. Finally, Craig Hallum upped their price target on shares of Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat, Photronics has an average rating of “Buy” and a consensus price target of $43.50.

Hedge Funds Weigh In On Photronics

Several large investors have recently bought and sold shares of PLAB. LSV Asset Management grew its holdings in shares of Photronics by 17.2% during the second quarter. LSV Asset Management now owns 2,607,874 shares of the semiconductor company’s stock worth $49,106,000 after purchasing an additional 383,355 shares during the last quarter. American Century Companies Inc. boosted its position in Photronics by 4.6% during the 3rd quarter. American Century Companies Inc. now owns 2,412,245 shares of the semiconductor company’s stock worth $55,361,000 after buying an additional 106,069 shares during the period. Victory Capital Management Inc. grew its holdings in 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 acquiring an additional 2,017,052 shares during the last quarter. Geode Capital Management LLC increased its position in Photronics by 1.4% in the 2nd quarter. Geode Capital Management LLC now owns 1,888,042 shares of the semiconductor company’s stock valued at $35,555,000 after acquiring an additional 26,507 shares during the period. Finally, Boston Partners increased its position in Photronics by 1.3% in the 3rd quarter. Boston Partners now owns 837,442 shares of the semiconductor company’s stock valued at $19,331,000 after acquiring an additional 10,724 shares during the period. 88.38% of the stock is currently owned by institutional investors.

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.