Insider Selling: Photronics (NASDAQ:PLAB) SVP Sells $218,062.50 in Stock

Photronics, Inc. (NASDAQ:PLAB) SVP Han Kyung Park sold 6,250 shares of the firm’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $34.89, for a total value of $218,062.50. Following the transaction, the senior vice president directly owned 75,500 shares in the company, valued at approximately $2,634,195. The trade was a 7.65% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Han Kyung Park also recently made the following trade(s):

• On Tuesday, January 13th, Han Kyung Park sold 7,500 shares of Photronics stock. The shares were sold at an average price of $33.70, for a total value of $252,750.00.
• On Friday, December 12th, Han Kyung Park sold 13,750 shares of Photronics stock. The stock was sold at an average price of $37.99, for a total value of $522,362.50.

Photronics Stock Down 0.2%

PLAB opened at $36.17 on Friday. Photronics, Inc. has a 52 week low of $16.46 and a 52 week high of $39.80. The business’s 50 day moving average is $30.03 and its two-hundred day moving average is $24.87. The firm has a market cap of $2.14 billion, a price-to-earnings ratio of 15.79 and a beta of 1.52.

Photronics (NASDAQ:PLAB) last announced its 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. The business had revenue of $215.77 million for the quarter, compared to analyst estimates of $204.54 million. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period last year, the firm posted $0.59 earnings per share. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. Equities analysts expect that Photronics, Inc. will post 2.3 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a research note on Monday, December 29th. DA Davidson increased their price objective on Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Craig Hallum boosted their target price on Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Finally, Zacks Research raised Photronics from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 17th. 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 company’s stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $43.50.

Hedge Funds Weigh In On Photronics

Large investors have recently modified their holdings of the business. Larson Financial Group LLC purchased a new stake in shares of Photronics in the third quarter valued at approximately $28,000. Hantz Financial Services Inc. lifted its holdings in Photronics by 673.4% in the third quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,293 shares during the period. Central Pacific Bank Trust Division purchased a new stake in shares of Photronics during the 4th quarter worth $55,000. Wexford Capital LP acquired a new position in shares of Photronics during the 3rd quarter worth $62,000. Finally, Newbridge Financial Services Group Inc. grew its stake in shares of Photronics by 336.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $68,000 after purchasing an additional 2,775 shares during the period. 88.38% of the stock is owned by hedge funds and other institutional investors.

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.