Key Points
- Insider sale: Director Kang Jyh Lee sold 8,750 PLAB shares on Jan 2 at an average of $33.54 for $293,475, reducing his stake by 1.81% to 475,850 shares (≈$15.96M).
- Ongoing insider selling: Lee also sold 8,750 shares on Dec 22 ($34.31), 20,000 on Dec 15 ($36.45) and 20,000 on Dec 12 ($38.53), indicating multiple large disposals in December.
- Company and analyst backdrop: Photronics beat quarterly EPS expectations ($0.60 vs $0.47) on $215.8M revenue, provided Q1 guidance of $0.51–$0.59, and carries a consensus Street rating of "Buy" with an average target of $43.50.
Photronics, Inc. (NASDAQ:PLAB - Get Free Report) Director Kang Jyh Lee sold 8,750 shares of Photronics stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $33.54, for a total value of $293,475.00. Following the completion of the transaction, the director owned 475,850 shares of the company's stock, valued at approximately $15,960,009. The trade was a 1.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
Kang Jyh Lee also recently made the following trade(s):
- On Monday, December 22nd, Kang Jyh Lee sold 8,750 shares of Photronics stock. The stock was sold at an average price of $34.31, for a total value of $300,212.50.
- 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 value of $770,600.00.
- On Monday, December 15th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The shares were sold at an average price of $36.45, for a total value of $729,000.00.
Photronics Price Performance
Shares of PLAB opened at $35.20 on Wednesday. Photronics, Inc. has a 12 month low of $16.46 and a 12 month high of $39.80. The stock has a fifty day moving average price of $27.36 and a 200 day moving average price of $23.70. The company has a market cap of $2.08 billion, a P/E ratio of 15.37 and a beta of 1.52.
Photronics (NASDAQ:PLAB - Get Free Report) last announced its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.13. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The company had revenue of $215.77 million during the quarter, compared to the consensus estimate of $204.54 million. During the same quarter in the previous year, the company posted $0.59 earnings per share. The company's revenue for the quarter was down 3.1% compared to the same quarter last year. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. As a group, research analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current year.
Wall Street Analysts Forecast Growth
PLAB has been the topic of a number of recent analyst reports. Wall Street Zen raised Photronics from a "hold" rating to a "buy" rating in a report on Saturday, September 13th. Craig Hallum increased their price target on Photronics from $36.00 to $42.00 and gave the stock a "buy" rating in a research note on Thursday, December 11th. DA Davidson raised their price target on 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 report on Wednesday, December 17th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Photronics in a research note on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and an average target price of $43.50.
Read Our Latest Research Report on PLAB
Institutional Trading of Photronics
Hedge funds and other institutional investors have recently modified their holdings of the company. Larson Financial Group LLC acquired a new stake in shares of Photronics in the third quarter valued at $28,000. Hantz Financial Services Inc. lifted its holdings 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 last quarter. Byrne Asset Management LLC acquired a new stake in Photronics in the 2nd quarter valued at about $40,000. GAMMA Investing LLC boosted its position in shares of Photronics by 21.9% during the 4th quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company's stock valued at $83,000 after purchasing an additional 469 shares in the last quarter. Finally, Wexford Capital LP bought a new position in shares of Photronics during the 3rd quarter valued at about $62,000. Institutional investors own 88.38% of the company's stock.
Photronics Company Profile
(
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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