Key Points
- SVP Han Kyung Park sold 6,250 Photronics shares on Jan. 16 at $34.89 for $218,062.50, reducing his stake to 75,500 shares (a 7.65% ownership drop); combined with trades on Jan. 13 and Dec. 12 he sold 27,500 shares for roughly $993,175 in proceeds across the three transactions.
- Photronics recently beat quarterly expectations with $0.60 EPS vs. $0.47 est. and $215.77M revenue vs. $204.54M est., issued Q1 guidance of $0.510–0.590, and has seen analysts raise targets (average target ~$43.50) with several buy/strong-buy ratings.
Photronics, Inc. (NASDAQ:PLAB - Get Free Report) SVP Han Kyung Park sold 6,250 shares of the business's stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $34.89, for a total value of $218,062.50. Following the sale, the senior vice president owned 75,500 shares in the company, valued at approximately $2,634,195. This represents a 7.65% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link.
Han Kyung Park also recently made the following trade(s):
- On Tuesday, January 13th, Han Kyung Park sold 7,500 shares of Photronics stock. The stock was sold at an average price of $33.70, for a total value of $252,750.00.
- On Friday, December 12th, Han Kyung Park sold 13,750 shares of Photronics stock. The shares were sold at an average price of $37.99, for a total transaction of $522,362.50.
Photronics Stock Performance
Shares of PLAB stock opened at $34.44 on Wednesday. Photronics, Inc. has a 52-week low of $16.46 and a 52-week high of $39.80. The stock has a market cap of $2.03 billion, a price-to-earnings ratio of 15.04 and a beta of 1.52. The firm has a fifty day moving average of $29.46 and a 200-day moving average of $24.71.
Photronics (NASDAQ:PLAB - Get Free Report) last issued its earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share for the quarter, beating the consensus estimate of $0.47 by $0.13. The business had revenue of $215.77 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period in the previous year, the business earned $0.59 EPS. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. On average, sell-side analysts predict that Photronics, Inc. will post 2.3 earnings per share for the current year.
Institutional Investors Weigh In On Photronics
Several hedge funds and other institutional investors have recently added to or reduced their stakes in PLAB. GAMMA Investing LLC boosted its holdings in shares of Photronics by 21.9% during the fourth quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company's stock worth $83,000 after acquiring an additional 469 shares during the period. Kendall Capital Management lifted its holdings in Photronics by 1.2% during the 4th quarter. Kendall Capital Management now owns 46,385 shares of the semiconductor company's stock worth $1,484,000 after purchasing an additional 555 shares during the last quarter. Franklin Resources Inc. boosted its stake in Photronics by 0.9% in the 3rd quarter. Franklin Resources Inc. now owns 60,900 shares of the semiconductor company's stock valued at $1,398,000 after purchasing an additional 570 shares during the period. SummerHaven Investment Management LLC grew its holdings in Photronics by 2.6% in the 2nd quarter. SummerHaven Investment Management LLC now owns 31,322 shares of the semiconductor company's stock valued at $590,000 after buying an additional 782 shares in the last quarter. Finally, Quantinno Capital Management LP increased its position in Photronics by 6.8% during the 2nd quarter. Quantinno Capital Management LP now owns 14,847 shares of the semiconductor company's stock worth $280,000 after buying an additional 945 shares during the period. Institutional investors and hedge funds own 88.38% of the company's stock.
Analysts Set New Price Targets
Several equities analysts recently commented on PLAB shares. Craig Hallum raised their target price on Photronics from $36.00 to $42.00 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 research note on Monday, December 29th. Zacks Research raised shares of Photronics from a "hold" rating to a "strong-buy" rating in a report on Wednesday, December 17th. Finally, 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. Two equities research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company's stock. Based on data from MarketBeat, the stock has an average rating of "Buy" and an average target price of $43.50.
View Our Latest Stock Analysis on Photronics
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.
Further Reading
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