Rothschild Wealth LLC Makes New Investment in Photronics, Inc. $PLAB

Rothschild Wealth LLC acquired a new position in shares of Photronics, Inc. (NASDAQ:PLAB) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 46,300 shares of the semiconductor company’s stock, valued at approximately $1,482,000. Rothschild Wealth LLC owned about 0.08% of Photronics as of its most recent filing with the SEC.

A number of other large investors also recently bought and sold shares of the company. Needham Investment Management LLC raised its position in Photronics by 2.0% during the 4th quarter. Needham Investment Management LLC now owns 775,000 shares of the semiconductor company’s stock worth $24,800,000 after buying an additional 15,000 shares during the last quarter. Squarepoint Ops LLC grew its stake in shares of Photronics by 136.4% during the 4th quarter. Squarepoint Ops LLC now owns 39,489 shares of the semiconductor company’s stock worth $1,264,000 after purchasing an additional 22,787 shares during the period. MML Investors Services LLC acquired a new position in shares of Photronics during the 4th quarter worth $430,000. Barclays PLC grew its stake in shares of Photronics by 8.0% during the 4th quarter. Barclays PLC now owns 92,618 shares of the semiconductor company’s stock worth $2,964,000 after purchasing an additional 6,890 shares during the period. Finally, Kestra Advisory Services LLC acquired a new position in shares of Photronics during the 4th quarter worth $67,000. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Analyst Ratings Changes

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

Insider Transactions at Photronics

In related news, CAO Rui Zhang sold 4,556 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $46.70, for a total value of $212,765.20. Following the sale, the chief accounting officer directly owned 27,079 shares of the company’s stock, valued at approximately $1,264,589.30. This represents a 14.40% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Constantine S. Macricostas sold 50,000 shares of the stock in a transaction dated Tuesday, April 14th. The shares were sold at an average price of $45.35, for a total transaction of $2,267,500.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 346,144 shares of company stock worth $15,061,759 in the last 90 days. Insiders own 3.30% of the company’s stock.

Photronics Trading Down 7.1%

Shares of NASDAQ PLAB opened at $30.43 on Wednesday. The stock has a market cap of $1.79 billion, a price-to-earnings ratio of 11.11 and a beta of 1.37. Photronics, Inc. has a 52 week low of $18.00 and a 52 week high of $56.00. The company’s 50-day moving average price is $44.09 and its 200 day moving average price is $38.07.

Photronics (NASDAQ:PLAB) last issued 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 analyst estimates of $216.47 million. Photronics had a net margin of 18.47% and a return on equity of 7.69%. Photronics’s revenue was down .5% on a year-over-year basis. During the same period in the previous year, the company posted $0.40 earnings per share. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

Photronics 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.