Key Points
- Kang Jyh Lee sold 10,000 shares on Jan. 12 at $33.05 (proceeds $330,500) and has sold roughly 87,500 shares across multiple trades since December, trimming his ownership by 2.24%; he still holds 435,850 shares valued at about $14.4M.
- Photronics beat quarterly expectations (EPS $0.60 vs. $0.47 consensus) and set Q1 guidance of $0.510–$0.590; the stock trades near $31.42 (down 5.9%) while analysts’ average target is about $43.50 with mostly Buy ratings.
Photronics, Inc. (NASDAQ:PLAB - Get Free Report) Director Kang Jyh Lee sold 10,000 shares of Photronics stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $33.05, for a total transaction of $330,500.00. Following the transaction, the director directly owned 435,850 shares of the company's stock, valued at approximately $14,404,842.50. This represents a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.
Kang Jyh Lee also recently made the following trade(s):
- On Wednesday, January 7th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $34.83, for a total transaction of $348,300.00.
- 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 value 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 value 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 value 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 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 Trading Down 5.9%
NASDAQ:PLAB opened at $31.42 on Thursday. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 13.72 and a beta of 1.52. Photronics, Inc. has a twelve month low of $16.46 and a twelve month high of $39.80. The stock has a fifty day simple moving average of $28.49 and a 200-day simple moving average of $24.27.
Photronics (NASDAQ:PLAB - Get Free Report) last posted its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 EPS for the quarter, topping the consensus estimate of $0.47 by $0.13. The company had revenue of $215.77 million for the quarter, compared to the consensus estimate of $204.54 million. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The firm's revenue was down 3.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.59 EPS. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. As a group, equities research analysts predict that Photronics, Inc. will post 2.3 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on PLAB. Craig Hallum increased their price objective 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 increased their price target on Photronics from $30.00 to $45.00 and gave the stock a "buy" rating in a research report on Thursday, December 11th. Weiss Ratings restated a "hold (c+)" rating on shares of Photronics in a report on Monday, December 29th. Finally, Zacks Research raised shares of Photronics from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, December 17th. Two analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $43.50.
Get Our Latest Analysis on PLAB
Institutional Investors Weigh In On Photronics
A number of hedge funds have recently made changes to their positions in the stock. Larson Financial Group LLC bought a new stake in Photronics during the third quarter valued at about $28,000. Hantz Financial Services Inc. lifted its position in shares of Photronics by 673.4% during the third quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company's stock valued at $34,000 after buying an additional 1,293 shares during the last quarter. Byrne Asset Management LLC purchased a new stake in shares of Photronics during the second quarter valued at about $40,000. Central Pacific Bank Trust Division bought a new stake in shares of Photronics in the 4th quarter valued at about $55,000. Finally, Wexford Capital LP purchased a new position in shares of Photronics in the 3rd quarter worth approximately $62,000. 88.38% of the stock is currently 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.
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