Decker Retirement Planning Inc. Acquires Shares of 97,385 Photronics, Inc. $PLAB

Decker Retirement Planning Inc. bought a new position in shares of Photronics, Inc. (NASDAQ:PLAB) during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 97,385 shares of the semiconductor company’s stock, valued at approximately $3,935,000. Photronics accounts for approximately 1.8% of Decker Retirement Planning Inc.’s investment portfolio, making the stock its 15th largest holding.

Several other hedge funds have also made changes to their positions in PLAB. Victory Capital Management Inc. raised its stake in Photronics by 699.0% during the 3rd quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company’s stock valued at $52,914,000 after acquiring an additional 2,017,052 shares in the last quarter. Invesco Ltd. boosted its holdings in Photronics by 395.9% during the fourth quarter. Invesco Ltd. now owns 1,536,374 shares of the semiconductor company’s stock worth $49,164,000 after buying an additional 1,226,588 shares in the last quarter. Vaughan Nelson Investment Management L.P. acquired a new position in shares of Photronics in the 1st quarter worth $47,902,000. Janus Henderson Group PLC increased its stake in Photronics by 2,201.5% in 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. Finally, LSV Asset Management increased its position in shares of Photronics by 14.7% in the fourth quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company’s stock worth $92,271,000 after acquiring an additional 370,489 shares in the last quarter. Institutional investors own 88.38% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on PLAB shares. Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 13th. Weiss Ratings raised shares of Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Wall Street Zen cut shares of Photronics from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Craig Hallum reaffirmed a “buy” rating on shares of Photronics in a research report on Friday, May 29th. Finally, Lake Street Capital reiterated a “buy” rating and issued a $55.00 target price on shares of Photronics in a research report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, Photronics presently has an average rating of “Moderate Buy” and a consensus price target of $49.33.

Insider Activity

In other Photronics news, CEO George Macricostas sold 121,194 shares of the firm’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $42.94, for a total value of $5,204,070.36. Following the sale, the chief executive officer directly owned 334,068 shares in the company, valued at $14,344,879.92. This trade represents a 26.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Eric Rivera sold 41,517 shares of Photronics stock in a transaction dated Thursday, April 9th. The stock was sold at an average price of $44.00, for a total value of $1,826,748.00. Following the sale, the chief financial officer directly owned 136,173 shares in the company, valued at approximately $5,991,612. This trade represents a 23.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 326,144 shares of company stock worth $14,313,759. Corporate insiders own 3.30% of the company’s stock.

Photronics Trading Up 3.8%

NASDAQ:PLAB opened at $32.85 on Friday. The firm has a market capitalization of $1.94 billion, a PE ratio of 11.99 and a beta of 1.37. Photronics, Inc. has a 1 year low of $18.61 and a 1 year high of $56.00. The firm’s fifty day simple moving average is $42.56 and its 200 day simple moving average is $38.52.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings data on Thursday, May 28th. The semiconductor company reported $0.42 EPS for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.11). The business had revenue of $209.94 million during the quarter, compared to the consensus estimate of $216.47 million. Photronics had a return on equity of 7.69% and a net margin of 18.47%.The company’s revenue for the quarter was down .5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.40 earnings per share. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

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.