Photronics (NASDAQ:PLAB) Director Kang Jyh Lee Sells 5,000 Shares

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 5,000 shares of the firm’s stock in a transaction on Monday, April 6th. The stock was sold at an average price of $40.53, for a total transaction of $202,650.00. Following the completion of the sale, the director owned 385,850 shares in the company, valued at approximately $15,638,500.50. The trade was a 1.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link.

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

• On Monday, March 23rd, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $39.00, for a total transaction of $390,000.00.
• On Thursday, March 19th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $35.80, for a total transaction of $358,000.00.
• On Thursday, January 15th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $34.13, for a total transaction 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 transaction of $330,500.00.

Photronics Price Performance

Shares of PLAB stock opened at $43.29 on Thursday. The stock has a market cap of $2.55 billion, a P/E ratio of 18.42 and a beta of 1.43. Photronics, Inc. has a one year low of $16.59 and a one year high of $45.40. The stock has a fifty day moving average price of $37.49 and a 200 day moving average price of $31.01.

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on PLAB. Lake Street Capital began coverage on Photronics in a research report on Friday, March 20th. They issued a “buy” rating and a $46.00 target price for the company. Zacks Research cut 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 report on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a research report on Friday, March 27th. Finally, Wall Street Zen raised Photronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $46.33.

Institutional Investors Weigh In On Photronics

A number of hedge funds have recently made changes to their positions in PLAB. Victory Capital Management Inc. increased its position in shares of 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 purchasing an additional 2,017,052 shares in the last quarter. Invesco Ltd. increased its position in shares of Photronics by 395.9% during the 4th quarter. Invesco Ltd. now owns 1,536,374 shares of the semiconductor company’s stock worth $49,164,000 after purchasing an additional 1,226,588 shares in the last quarter. Janus Henderson Group PLC increased its position in shares of Photronics by 2,201.5% during the 4th quarter. Janus Henderson Group PLC now owns 621,448 shares of the semiconductor company’s stock worth $19,883,000 after purchasing an additional 594,446 shares in the last quarter. LSV Asset Management increased its position in shares of Photronics by 14.7% during the 4th quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company’s stock worth $92,271,000 after purchasing an additional 370,489 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership acquired a new stake in shares of Photronics during the 3rd quarter worth about $8,416,000. Institutional investors and hedge funds own 88.38% of the company’s stock.

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.