Key Points
- Kang Jyh Lee sold 8,750 Photronics shares on Dec. 22 at $34.31 and has sold a total of 58,750 shares in recent months, trimming his stake by 1.77% while still holding 484,600 shares (about $16.6M).
- Photronics beat quarterly estimates with $0.60 EPS and $215.77M revenue, issued Q1 2026 guidance of $0.510–0.590 EPS, and carries a consensus Buy rating with a target of $43.50.
Photronics, Inc. (NASDAQ:PLAB - Get Free Report) Director Kang Jyh Lee sold 8,750 shares of the stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $34.31, for a total value of $300,212.50. Following the sale, the director directly owned 484,600 shares in the company, valued at approximately $16,626,626. This trade represents a 1.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.
Kang Jyh Lee also recently made the following trade(s):
- On Friday, December 12th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The stock was sold at an average price of $38.53, for a total transaction of $770,600.00.
- On Monday, December 15th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The stock was sold at an average price of $36.45, for a total transaction of $729,000.00.
- On Monday, October 6th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $25.33, for a total transaction of $253,300.00.
Photronics Trading Down 0.6%
Shares of Photronics stock opened at $34.20 on Wednesday. The company has a market cap of $2.02 billion, a PE ratio of 14.93 and a beta of 1.54. The company has a 50 day moving average of $25.43 and a 200-day moving average of $22.65. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $39.80.
Photronics (NASDAQ:PLAB - Get Free Report) last announced its quarterly earnings data on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.47 by $0.13. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The business had revenue of $215.77 million for the quarter, compared to analysts' expectations of $204.54 million. During the same period last year, the firm posted $0.59 earnings per share. The firm's quarterly revenue was down 3.1% compared to the same quarter last year. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. Research analysts forecast that Photronics, Inc. will post 2.3 earnings per share for the current year.
Analyst Upgrades and Downgrades
PLAB has been the topic of several research analyst reports. Craig Hallum raised their price objective on Photronics from $36.00 to $42.00 and gave the company a "buy" rating in a research note on Thursday, December 11th. Weiss Ratings restated a "hold (c+)" rating on shares of Photronics in a research note on Monday. DA Davidson lifted 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. Zacks Research raised shares of Photronics from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, December 17th. Finally, Singular Research upgraded shares of Photronics to a "strong-buy" rating in a research report on Thursday, September 4th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, Photronics currently has a consensus rating of "Buy" and a consensus target price of $43.50.
Read Our Latest Research Report on PLAB
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in PLAB. Larson Financial Group LLC bought a new position in Photronics in the 3rd quarter valued at approximately $28,000. Hantz Financial Services Inc. increased its position in Photronics by 673.4% in 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 during the period. Byrne Asset Management LLC bought a new position in shares of Photronics during the second quarter valued at $40,000. Wexford Capital LP acquired a new position in shares of Photronics during the third quarter worth $62,000. Finally, State of Wyoming bought a new stake in shares of Photronics in the third quarter worth $73,000. Institutional investors and hedge funds own 88.38% of the company's stock.
About Photronics
(
Get Free Report)
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.
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