Key Points
- Photronics SVP Han Park sold 9,500 shares at an average price of $30.37, generating $288,515. Following the sale, Park retained 66,000 shares, a 12.58% reduction in the position.
- Photronics reported quarterly EPS of $0.50, beating analyst expectations by $0.10, while revenue reached $216.05 million, up 2.7% year over year. The company provided fourth-quarter 2026 EPS guidance of $0.40–$0.56.
- The stock opened at $31.07, with a market capitalization of approximately $1.83 billion. Analysts give Photronics a consensus “Moderate Buy” rating and an average price target of $49.33, while institutional investors own 88.38% of the shares.
Photronics, Inc. (NASDAQ:PLAB - Get Free Report) SVP Han Park sold 9,500 shares of the company's stock in a transaction on Friday, September 25th. The shares were sold at an average price of $30.37, for a total value of $288,515.00. Following the completion of the transaction, the senior vice president directly owned 66,000 shares in the company, valued at $2,004,420. This trade represents a 12.58% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Photronics Stock Up 1.9%
PLAB stock opened at $31.07 on Wednesday. Photronics, Inc. has a twelve month low of $20.05 and a twelve month high of $56.00. The firm has a market cap of $1.83 billion, a price-to-earnings ratio of 10.94 and a beta of 1.35. The business's fifty day simple moving average is $30.14 and its two-hundred day simple moving average is $36.06.
Photronics (NASDAQ:PLAB - Get Free Report) last posted its quarterly earnings results on Wednesday, August 26th. The semiconductor company reported $0.50 EPS for the quarter, topping analysts' consensus estimates of $0.40 by $0.10. The firm had revenue of $216.05 million for the quarter, compared to analysts' expectations of $208.75 million. Photronics had a net margin of 19.05% and a return on equity of 7.45%. The business's revenue for the quarter was up 2.7% on a year-over-year basis. During the same period in the prior year, the business posted $0.51 earnings per share. Photronics has set its Q4 2026 guidance at 0.400-0.560 EPS. Research analysts expect that Photronics, Inc. will post 1.9 EPS for the current year.
Hedge Funds Weigh In On Photronics
Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Vaughan Nelson Investment Management L.P. bought a new position in Photronics in the first quarter worth about $47,902,000. Bank of America Corp DE bought a new stake in shares of Photronics in the 2nd quarter valued at about $7,072,000. BlackRock Inc. bought a new stake in shares of Photronics in the 2nd quarter valued at about $308,586,000. Engineers Gate Manager LP bought a new stake in shares of Photronics in the 2nd quarter valued at about $1,288,000. Finally, Decker Retirement Planning Inc. purchased a new position in shares of Photronics in the 1st quarter worth approximately $3,935,000. Hedge funds and other institutional investors own 88.38% of the company's stock.
Analyst Ratings Changes
Several equities research analysts have recently commented on the stock. Weiss Ratings upgraded shares of Photronics from a "hold (c)" rating to a "hold (c+)" rating in a report on Tuesday, September 22nd. Zacks Research raised shares of Photronics to a "hold" rating in a report on Friday, August 14th. Freedom Capital raised shares of Photronics to a "strong-buy" rating in a research note on Thursday, July 2nd. Finally, Wall Street Zen downgraded shares of Photronics from a "buy" rating to a "hold" rating in a research note on Saturday. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company's stock. According to data from MarketBeat.com, Photronics currently has a consensus rating of "Moderate Buy" and a consensus price target of $49.33.
View Our Latest Stock Report on Photronics
Photronics Company Profile
(
Get Free Report)
Photronics, Inc (NASDAQ: PLAB) is a manufacturer of photomasks, precision photographic plates used in the semiconductor and flat-panel display manufacturing processes. Photomasks transfer circuit patterns onto silicon wafers and display substrates, making them an important component in the production of integrated circuits, memory devices, flat-panel displays and other electronic products.
The company provides photomasks for a range of semiconductor applications, including advanced logic, foundry and memory devices.
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