Photronics (NASDAQ:PLAB) Director Kang Jyh Lee Sells 10,000 Shares

March 26, 2026 by InsiderTrades.com

Key Points

Director Kang Jyh Lee sold 10,000 Photronics shares on March 23 at $39 (≈$390,000), part of several sales since January that reduced his position by 2.53% though he still owns 385,850 shares (≈$15.0M).
Photronics beat quarterly estimates (EPS $0.61 vs. $0.54; revenue $225.07M vs. $220.09M) and gave Q2 EPS guidance of $0.490–$0.550, spurring analyst upgrades and a consensus price target near $46.33.
PLAB opened at $43.26 (up ~1.7%), trading close to a 12‑month high of $45.40, with a market cap of about $2.55B and roughly 88% institutional ownership.

Photronics, Inc. (NASDAQ:PLAB - Get Free Report) Director Kang Jyh Lee sold 10,000 shares of the firm's stock in a transaction dated Monday, March 23rd. The shares were sold at an average price of $39.00, for a total transaction of $390,000.00. Following the completion of the transaction, the director directly owned 385,850 shares in the company, valued at $15,048,150. This trade represents a 2.53% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

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Kang Jyh Lee also recently made the following trade(s):

On Thursday, March 19th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $35.80, for a total transaction of $358,000.00.
On Thursday, January 15th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $34.13, for a total transaction of $341,300.00.
On Monday, January 12th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $33.05, for a total transaction of $330,500.00.
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 stock was 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 shares were sold at an average price of $33.54, for a total transaction of $293,475.00.

Photronics Stock Up 1.7%

PLAB stock opened at $43.26 on Thursday. Photronics, Inc. has a twelve month low of $16.46 and a twelve month high of $45.40. The company has a market cap of $2.55 billion, a P/E ratio of 18.41 and a beta of 1.50. The business's fifty day moving average is $36.45 and its 200-day moving average is $29.80.

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Photronics (NASDAQ:PLAB - Get Free Report) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $0.61 EPS for the quarter, topping analysts' consensus estimates of $0.54 by $0.07. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The business had revenue of $225.07 million during the quarter, compared to analysts' expectations of $220.09 million. During the same period in the previous year, the firm earned $0.52 earnings per share. The firm's quarterly revenue was up 6.1% compared to the same quarter last year. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. Research analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.

More Photronics News

Here are the key news stories impacting Photronics this week:

Positive Sentiment: Quarterly results and guidance: Photronics reported a beat on the Feb. 25 quarter (EPS $0.61 vs. $0.54 est.) and revenue above expectations, and provided Q2 EPS guidance of $0.490–$0.550 — a clear fundamental positive supporting the rally. MarketBeat PLAB page
Positive Sentiment: Analyst upgrades and higher price targets: Recent broker notes (Lake Street initiation at Buy/$46, Wall Street Zen upgrade to Strong‑Buy, DA Davidson raised PT to $45) have lifted consensus sentiment and the headline price target (~$46.33), helping support upside. Photronics stock setup article
Positive Sentiment: Sector momentum: Photronics is trading with other semiconductor/wafer‑supply names that have been rallying, which can amplify gains for PLAB. MSN sector roundup
Neutral Sentiment: Institutional ownership and small recent buys/sells — 88% of shares are institutionally held; some small fund activity was reported but nothing indicating a material shift in control or immediate selling pressure.
Neutral Sentiment: Short‑interest entries in recent reports show zero/NaN values and inconsistent days‑to‑cover figures, indicating data issues rather than a meaningful short squeeze signal.
Negative Sentiment: Insider selling: Director Kang Jyh Lee executed multiple sales in March (10,000 shares on Mar. 19 and 10,000 on Mar. 23, plus several earlier January sales). Repeated director sales can be viewed negatively by some investors even where filings show the holdings remain large. SEC Form 4 filings are available. Form 4 Mar.19 Form 4 Mar.23

Wall Street Analysts Forecast Growth

Photronics Stock Setting Up Next Leg Higher

A number of analysts recently weighed in on PLAB shares. Wall Street Zen upgraded shares of Photronics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 14th. Zacks Research cut shares of Photronics from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 10th. Craig Hallum reaffirmed a "buy" rating and issued a $48.00 target price on shares of Photronics in a research note on Tuesday, March 3rd. DA Davidson increased their target price on shares of Photronics from $30.00 to $45.00 and gave the stock a "buy" rating in a report on Thursday, December 11th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Photronics in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Photronics currently has a consensus rating of "Moderate Buy" and an average target price of $46.33.

View Our Latest Stock Report on Photronics

Hedge Funds Weigh In On Photronics

A number of institutional investors and hedge funds have recently added to or reduced their stakes in PLAB. Royal Bank of Canada increased its holdings in Photronics by 30.1% during the 1st quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company's stock worth $4,553,000 after purchasing an additional 50,707 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Photronics by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company's stock valued at $761,000 after purchasing an additional 1,600 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in shares of Photronics by 14.4% during the first 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 buying an additional 12,159 shares during the period. Intech Investment Management LLC boosted its position in shares of Photronics by 6.0% during the first quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company's stock worth $1,296,000 after buying an additional 3,526 shares during the period. Finally, Geode Capital Management LLC grew its holdings in shares of Photronics by 1.4% during the second quarter. Geode Capital Management LLC now owns 1,888,042 shares of the semiconductor company's stock worth $35,555,000 after buying an additional 26,507 shares in the last quarter. 88.38% of the stock is owned by institutional investors and hedge funds.

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.