Photronics (NASDAQ:PLAB) Director Sells $202,650.00 in Stock

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 5,000 shares of the company’s stock in a transaction dated 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 transaction, 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 ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

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 Trading Up 7.5%

Shares of NASDAQ PLAB traded up $3.02 during mid-day trading on Wednesday, reaching $43.29. The company had a trading volume of 1,046,984 shares, compared to its average volume of 1,122,093. The business’s 50-day moving average is $37.35 and its 200-day moving average is $30.92. The stock has a market cap of $2.55 billion, a price-to-earnings ratio of 18.42 and a beta of 1.43. Photronics, Inc. has a 52 week low of $16.59 and a 52 week high of $45.40.

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

Analyst Ratings Changes

A number of research firms have recently commented on PLAB. Wall Street Zen upgraded shares of Photronics from a “buy” rating to a “strong-buy” rating in a report on Saturday, March 14th. Craig Hallum reiterated a “buy” rating and set a $48.00 target price on shares of Photronics in a report on Tuesday, March 3rd. Zacks Research cut shares of Photronics from a “strong-buy” rating to a “hold” rating in a report on Tuesday, February 10th. DA Davidson increased their target price on shares of Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Finally, Lake Street Capital assumed coverage on shares of Photronics in a report on Friday, March 20th. They set a “buy” rating and a $46.00 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $46.33.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Hsbc Holdings PLC bought a new position in Photronics during the 4th quarter worth about $428,000. Union Savings Bank bought a new position in Photronics during the 4th quarter worth about $160,000. Caitong International Asset Management Co. Ltd lifted its position in shares of Photronics by 278.4% during 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 during the last quarter. DGS Capital Management LLC purchased a new stake in shares of Photronics during the fourth quarter valued at about $220,000. Finally, Virtu Financial LLC purchased a new stake in shares of Photronics during the fourth quarter valued at about $785,000. 88.38% of the stock is currently owned by institutional investors.

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.