Insider Selling: Photronics (NASDAQ:PLAB) SVP Sells $522,362.50 in Stock

Photronics, Inc. (NASDAQ:PLAB) SVP Han Kyung Park sold 13,750 shares of the business’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $37.99, for a total value of $522,362.50. Following the transaction, the senior vice president owned 89,250 shares in the company, valued at approximately $3,390,607.50. This represents a 13.35% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Photronics Stock Performance

Shares of NASDAQ:PLAB opened at $32.87 on Friday. The company has a market cap of $1.94 billion, a P/E ratio of 14.35 and a beta of 1.54. Photronics, Inc. has a one year low of $16.46 and a one year high of $39.80. The business’s 50-day simple moving average is $24.76 and its 200 day simple moving average is $22.25.

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

Analyst Upgrades and Downgrades

A number of research firms recently weighed in on PLAB. DA Davidson raised their price target on shares of Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Craig Hallum raised their target price on Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Singular Research raised Photronics to a “strong-buy” rating in a research report on Thursday, September 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a report on Monday. Finally, Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $43.50.

Institutional Trading of Photronics

Several hedge funds and other institutional investors have recently bought and sold shares of PLAB. Larson Financial Group LLC bought a new position in Photronics during the 3rd quarter worth approximately $28,000. Hantz Financial Services Inc. raised its position in shares of Photronics by 673.4% during the 3rd 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 in the last quarter. Byrne Asset Management LLC bought a new position in Photronics during the second quarter worth $40,000. Wexford Capital LP acquired a new position in Photronics in the third quarter worth $62,000. Finally, Newbridge Financial Services Group Inc. increased its stake in Photronics by 336.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $68,000 after purchasing an additional 2,775 shares during the last quarter. 88.38% of the stock is owned by institutional investors.

About Photronics

Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.