Insider Selling: Photronics (NASDAQ:PLAB) SVP Sells $252,750.00 in Stock

Photronics, Inc. (NASDAQ:PLAB) SVP Han Kyung Park sold 7,500 shares of the company’s stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $33.70, for a total transaction of $252,750.00. Following the completion of the transaction, the senior vice president directly owned 81,750 shares of the company’s stock, valued at approximately $2,754,975. The trade was a 8.40% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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

• On Friday, January 16th, Han Kyung Park sold 6,250 shares of Photronics stock. The shares were sold at an average price of $34.89, for a total value of $218,062.50.
• 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 Performance

NASDAQ:PLAB opened at $36.17 on Friday. The company has a market cap of $2.14 billion, a PE ratio of 15.79 and a beta of 1.52. The stock has a 50-day simple moving average of $30.03 and a 200 day simple moving average of $24.87. Photronics, Inc. has a 52-week low of $16.46 and a 52-week high of $39.80.

Photronics (NASDAQ:PLAB) last issued its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.47 by $0.13. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The company had revenue of $215.77 million during the quarter, compared to analysts’ expectations of $204.54 million. During the same period last year, the business earned $0.59 EPS. The business’s quarterly revenue was down 3.1% on a year-over-year basis. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. On average, research analysts predict that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Photronics

A number of institutional investors have recently bought and sold shares of PLAB. Victory Capital Management Inc. lifted its position in shares of Photronics by 699.0% in the third quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company’s stock valued at $52,914,000 after buying an additional 2,017,052 shares during the last quarter. LSV Asset Management raised its stake in Photronics by 17.2% in the 2nd quarter. LSV Asset Management now owns 2,607,874 shares of the semiconductor company’s stock valued at $49,106,000 after acquiring an additional 383,355 shares during the period. Arrowstreet Capital Limited Partnership acquired a new stake in Photronics during the 3rd quarter valued at $8,416,000. Qube Research & Technologies Ltd boosted its position in Photronics by 123.8% during the third quarter. Qube Research & Technologies Ltd now owns 233,498 shares of the semiconductor company’s stock worth $5,359,000 after purchasing an additional 129,152 shares during the period. Finally, American Century Companies Inc. increased its holdings in shares of Photronics by 5.0% in the second quarter. American Century Companies Inc. now owns 2,306,176 shares of the semiconductor company’s stock valued at $43,425,000 after purchasing an additional 109,909 shares during the last quarter. Institutional investors and hedge funds own 88.38% of the company’s stock.

Wall Street Analyst Weigh In

PLAB has been the subject of a number of recent research reports. Weiss Ratings restated a “hold (c+)” rating on shares of Photronics in a research note on Monday, December 29th. Craig Hallum upped their target price on Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. DA Davidson raised their price target on 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 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 issued a Hold rating to the company’s stock. According to MarketBeat.com, Photronics presently has an average rating of “Buy” and a consensus target price of $43.50.

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.