Key Points
- Kang Jyh Lee sold 20,000 shares of Photronics on April 16 at an average price of $45.92 for $918,400, leaving him with 355,850 shares (a 5.32% reduction in his position).
- The April 16 sale is part of a larger pattern of insider selling — Lee sold a total of 65,000 shares across multiple transactions from March 19 to April 16.
- Photronics recently beat quarterly EPS estimates with revenue up 6.1% year-over-year, issued Q2 guidance of $0.490–$0.550 EPS, and carries a consensus analyst rating of Buy with a $46.33 target.
Photronics, Inc. (NASDAQ:PLAB - Get Free Report) Director Kang Jyh Lee sold 20,000 shares of the business's stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $45.92, for a total value of $918,400.00. Following the completion of the sale, the director owned 355,850 shares of the company's stock, valued at $16,340,632. The trade was a 5.32% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link.
Kang Jyh Lee also recently made the following trade(s):
- On Wednesday, April 15th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $45.10, for a total value of $451,000.00.
- On Monday, April 13th, Kang Jyh Lee sold 5,000 shares of Photronics stock. The stock was sold at an average price of $45.00, for a total value of $225,000.00.
- On Wednesday, April 8th, Kang Jyh Lee sold 5,000 shares of Photronics stock. The shares were sold at an average price of $43.27, for a total value of $216,350.00.
- On Monday, April 6th, Kang Jyh Lee sold 5,000 shares of Photronics stock. The stock was sold at an average price of $40.53, for a total value of $202,650.00.
- On Monday, March 23rd, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $39.00, for a total value of $390,000.00.
- On Thursday, March 19th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $35.80, for a total value of $358,000.00.
Photronics Price Performance
NASDAQ:PLAB opened at $49.28 on Tuesday. Photronics, Inc. has a 1-year low of $16.59 and a 1-year high of $49.62. The company has a 50-day moving average of $39.21 and a 200 day moving average of $32.31. The firm has a market cap of $2.91 billion, a PE ratio of 20.97 and a beta of 1.43.
Photronics (NASDAQ:PLAB - Get Free Report) last posted its earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 EPS for the quarter, beating analysts' consensus estimates of $0.54 by $0.07. Photronics had a net margin of 15.83% and a return on equity of 7.88%. The business had revenue of $225.07 million for the quarter, compared to the consensus estimate of $220.09 million. During the same quarter last year, the firm posted $0.52 EPS. The company's revenue for the quarter was up 6.1% on a year-over-year basis. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. Sell-side analysts anticipate that Photronics, Inc. will post 2.35 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the stock. Wall Street Zen raised shares of Photronics from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 14th. Craig Hallum reaffirmed a "buy" rating and set a $48.00 target price on shares of Photronics in a research report on Tuesday, March 3rd. Weiss Ratings reiterated a "hold (c+)" rating on shares of Photronics in a report on Friday, March 27th. Lake Street Capital started coverage on Photronics in a research report on Friday, March 20th. They issued a "buy" rating and a $46.00 price target for the company. Finally, Zacks Research upgraded Photronics from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 14th. Two research analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Hold rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus target price of $46.33.
Read Our Latest Stock Report on PLAB
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently modified their holdings of the company. Torren Management LLC bought a new position in shares of Photronics during the 4th quarter worth approximately $26,000. Larson Financial Group LLC acquired a new stake in Photronics in the third quarter valued at approximately $28,000. Hantz Financial Services Inc. boosted its stake in Photronics by 673.4% in the third 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 in the last quarter. Quarry LP grew its holdings in Photronics by 569.8% in the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company's stock worth $43,000 after purchasing an additional 1,151 shares during the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Photronics by 723.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company's stock worth $45,000 after purchasing an additional 1,245 shares during the last quarter. Hedge funds and other institutional investors own 88.38% of the company's stock.
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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