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

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 10,000 shares of Photronics stock in a transaction dated Monday, March 23rd. The stock was sold at an average price of $39.00, for a total value of $390,000.00. Following the transaction, the director directly owned 385,850 shares in the company, valued at $15,048,150. The trade was a 2.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

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

• On Thursday, March 19th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $35.80, for a total value of $358,000.00.
• On Thursday, January 15th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $34.13, for a total value of $341,300.00.
• 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 value 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 shares were sold at an average price of $33.54, for a total transaction of $293,475.00.

Photronics Trading Up 1.7%

NASDAQ:PLAB traded up $0.74 on Wednesday, reaching $43.26. 1,300,951 shares of the stock traded hands, compared to its average volume of 1,126,822. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $45.40. The company’s 50 day moving average is $36.45 and its 200-day moving average is $29.80. The firm has a market capitalization of $2.55 billion, a price-to-earnings ratio of 18.41 and a beta of 1.50.

Photronics (NASDAQ:PLAB) last issued its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.54 by $0.07. Photronics had a net margin of 15.83% and a return on equity of 7.88%. The firm had revenue of $225.07 million for the quarter, compared to the consensus estimate of $220.09 million. During the same quarter in the previous year, the company earned $0.52 EPS. The company’s revenue for the quarter was up 6.1% on a year-over-year basis. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. On average, equities research analysts forecast that Photronics, Inc. will post 2.3 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

PLAB has been the subject of a number of recent analyst reports. Craig Hallum reiterated a “buy” rating and set a $48.00 price target on shares of Photronics in a report on Tuesday, March 3rd. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research note on Monday, December 29th. Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. DA Davidson raised their target price on Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. Finally, Lake Street Capital initiated coverage on Photronics in a report on Friday, March 20th. They issued a “buy” rating and a $46.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, Photronics currently has a consensus rating of “Moderate Buy” and a consensus target price of $46.33.

Hedge Funds Weigh In On Photronics

A number of large investors have recently modified their holdings of PLAB. Hsbc Holdings PLC acquired a new stake in Photronics in the 4th quarter valued at $428,000. Union Savings Bank acquired a new position in Photronics during the fourth quarter worth $160,000. Caitong International Asset Management Co. Ltd lifted its stake in shares of Photronics by 278.4% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 1,650 shares of the semiconductor company’s stock valued at $53,000 after buying an additional 1,214 shares in the last quarter. DGS Capital Management LLC bought a new position in shares of Photronics in the fourth quarter valued at $220,000. Finally, Virtu Financial LLC acquired a new position in shares of Photronics during the fourth quarter valued at about $785,000. 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.