SG Americas Securities LLC Buys 15,222 Shares of Photronics, Inc. $PLAB

SG Americas Securities LLC raised its stake in Photronics, Inc. (NASDAQ:PLAB) by 52.5% during the 2nd quarter, Holdings Channel.com reports. The firm owned 44,204 shares of the semiconductor company’s stock after buying an additional 15,222 shares during the period. SG Americas Securities LLC’s holdings in Photronics were worth $832,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of PLAB. American Century Companies Inc. boosted its holdings in shares of Photronics by 8.8% during the 1st quarter. American Century Companies Inc. now owns 2,196,267 shares of the semiconductor company’s stock worth $45,595,000 after buying an additional 177,380 shares during the period. Nuveen LLC acquired a new stake in Photronics during the first quarter worth approximately $3,462,000. Invesco Ltd. boosted its holdings in shares of Photronics by 12.1% during the first quarter. Invesco Ltd. now owns 1,258,714 shares of the semiconductor company’s stock worth $26,131,000 after acquiring an additional 135,859 shares during the period. LSV Asset Management boosted its holdings in shares of Photronics by 4.9% during the first quarter. LSV Asset Management now owns 2,224,519 shares of the semiconductor company’s stock worth $46,181,000 after acquiring an additional 104,200 shares during the period. Finally, Quantbot Technologies LP acquired a new position in shares of Photronics in the first quarter valued at approximately $1,666,000. 88.38% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on PLAB. Zacks Research cut Photronics from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Singular Research raised Photronics to a “strong-buy” rating in a report on Thursday, September 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research report on Friday, October 31st. Finally, Wall Street Zen raised shares of Photronics from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. One research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $31.00.

Photronics Stock Performance

PLAB opened at $21.06 on Monday. Photronics, Inc. has a 52-week low of $16.46 and a 52-week high of $31.60. The firm has a market cap of $1.24 billion, a P/E ratio of 11.97 and a beta of 1.55. The business’s fifty day moving average is $23.20 and its 200-day moving average is $21.16.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings results on Wednesday, August 27th. The semiconductor company reported $0.51 EPS for the quarter, beating analysts’ consensus estimates of $0.39 by $0.12. The business had revenue of $210.39 million during the quarter, compared to the consensus estimate of $204.30 million. Photronics had a return on equity of 8.19% and a net margin of 12.67%.Photronics’s revenue for the quarter was down .3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.51 earnings per share. Photronics has set its Q4 2025 guidance at 0.420-0.480 EPS. On average, research analysts predict that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Photronics

In other Photronics news, SVP Han Kyung Park sold 15,000 shares of the company’s stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $22.00, for a total transaction of $330,000.00. Following the completion of the sale, the senior vice president directly owned 103,000 shares in the company, valued at $2,266,000. This represents a 12.71% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kang Jyh Lee sold 10,000 shares of Photronics stock in a transaction on Monday, October 6th. The shares were sold at an average price of $25.33, for a total value of $253,300.00. Following the completion of the transaction, the director owned 513,350 shares in the company, valued at approximately $13,003,155.50. The trade was a 1.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 82,750 shares of company stock worth $1,953,800 in the last three months. Company insiders own 3.20% of the company’s stock.

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.