Key Points
- Director Kang Jyh Lee sold 10,000 shares of Photronics on Jan. 7 at $34.83 for $348,300, part of a recent wave of insider sales totaling about 77,500 shares (~$2.78 million); his stake fell 2.19% but he still holds 445,850 shares valued at roughly $15.53 million.
- Photronics recently beat estimates, reporting $0.60 EPS (vs. $0.47 expected) and $215.8M revenue, provided Q1 2026 EPS guidance of $0.510–0.590, and carries a consensus analyst rating of "Buy" with an average target of $43.50.
Photronics, Inc. (NASDAQ:PLAB - Get Free Report) Director Kang Jyh Lee sold 10,000 shares of the firm's stock in a transaction on Wednesday, January 7th. The stock was sold at an average price of $34.83, for a total value of $348,300.00. Following the completion of the sale, the director directly owned 445,850 shares of the company's stock, valued at $15,528,955.50. The trade was a 2.19% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Kang Jyh Lee also recently made the following trade(s):
- On Monday, January 5th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $33.90, for a total transaction of $339,000.00.
- On Friday, January 2nd, Kang Jyh Lee sold 8,750 shares of Photronics stock. The stock was sold at an average price of $33.54, for a total transaction of $293,475.00.
- 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 transaction of $300,212.50.
- On Friday, December 12th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The shares were 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 shares were sold at an average price of $36.45, for a total transaction of $729,000.00.
Photronics Price Performance
PLAB stock opened at $33.33 on Friday. Photronics, Inc. has a 1 year low of $16.46 and a 1 year high of $39.80. The firm has a 50-day moving average of $27.92 and a 200 day moving average of $23.94. The company has a market cap of $1.97 billion, a P/E ratio of 14.55 and a beta of 1.52.
Photronics (NASDAQ:PLAB - Get Free Report) last posted its earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share for the quarter, topping analysts' consensus estimates of $0.47 by $0.13. Photronics had a return on equity of 7.87% and a net margin of 16.06%.The firm had revenue of $215.77 million for the quarter, compared to the consensus estimate of $204.54 million. During the same quarter in the prior year, the business earned $0.59 EPS. The business's revenue for the quarter was down 3.1% on a year-over-year basis. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. On average, equities research analysts expect that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
A number of analysts have recently commented on PLAB shares. Zacks Research upgraded shares of Photronics from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 17th. Craig Hallum boosted their price objective on shares of Photronics from $36.00 to $42.00 and gave the stock a "buy" rating in a research note on Thursday, December 11th. DA Davidson upped their price objective on shares of Photronics from $30.00 to $45.00 and gave the stock a "buy" rating in a report on Thursday, December 11th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Photronics in a report on Monday, December 29th. Finally, Wall Street Zen upgraded Photronics from a "hold" rating to a "buy" rating in a research note on Saturday, September 13th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $43.50.
Read Our Latest Report on Photronics
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Royal Bank of Canada grew its holdings in shares of Photronics by 30.1% during the first quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company's stock valued at $4,553,000 after buying an additional 50,707 shares during the last quarter. AQR Capital Management LLC raised its holdings in Photronics by 13.7% in the 1st quarter. AQR Capital Management LLC now owns 371,815 shares of the semiconductor company's stock worth $7,719,000 after acquiring an additional 44,764 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Photronics by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company's stock valued at $761,000 after acquiring an additional 1,600 shares in the last quarter. Ashton Thomas Private Wealth LLC boosted its stake in Photronics by 45.6% during the 1st quarter. Ashton Thomas Private Wealth LLC now owns 24,027 shares of the semiconductor company's stock valued at $499,000 after purchasing an additional 7,530 shares during the last quarter. Finally, UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its holdings in shares of Photronics by 14.4% in the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company's stock worth $2,009,000 after purchasing an additional 12,159 shares in the last quarter. 88.38% of the stock is owned by hedge funds and other institutional investors.
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.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
