Photronics (NASDAQ:PLAB) Director Kang Jyh Lee Sells 10,000 Shares of Stock

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 10,000 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The stock was sold at an average price of $34.13, for a total transaction of $341,300.00. Following the completion of the sale, the director directly owned 415,850 shares of the company’s stock, valued at $14,192,960.50. The trade was a 2.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

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

• On Monday, January 12th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was 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 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 value 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 value 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 value 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 transaction of $729,000.00.

Photronics Stock Performance

PLAB stock opened at $34.53 on Friday. Photronics, Inc. has a one year low of $16.46 and a one year high of $39.80. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 15.08 and a beta of 1.52. The firm has a 50-day simple moving average of $28.97 and a two-hundred day simple moving average of $24.44.

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

Institutional Trading of Photronics

A number of hedge funds and other institutional investors have recently made changes to their positions in PLAB. Larson Financial Group LLC acquired a new stake in Photronics during the 3rd quarter worth about $28,000. Hantz Financial Services Inc. boosted its stake in shares of Photronics by 673.4% in the third quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock worth $34,000 after buying an additional 1,293 shares during the last quarter. Central Pacific Bank Trust Division purchased a new stake in shares of Photronics in the fourth quarter worth about $55,000. Wexford Capital LP acquired a new stake in Photronics during the third quarter worth about $62,000. Finally, Newbridge Financial Services Group Inc. raised its position in Photronics by 336.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $68,000 after acquiring an additional 2,775 shares in the last quarter. Institutional investors and hedge funds own 88.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on PLAB. Craig Hallum boosted their price target on Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research report on Monday, December 29th. DA Davidson upped their price target on shares of Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Finally, Zacks Research upgraded shares of Photronics from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. Two 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. Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $43.50.

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.