Insider Selling: Photronics (NASDAQ:PLAB) Director Sells 10,000 Shares of Stock

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 10,000 shares of the stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $34.13, for a total value of $341,300.00. Following the transaction, the director owned 415,850 shares in the company, valued at $14,192,960.50. This trade represents a 2.35% 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 Monday, January 12th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $33.05, for a total value 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 value 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 transaction 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 transaction of $770,600.00.
• On Monday, December 15th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The stock was sold at an average price of $36.45, for a total transaction of $729,000.00.

Photronics Stock Up 0.9%

Shares of Photronics stock traded up $0.31 during trading hours on Friday, hitting $34.53. The company’s stock had a trading volume of 1,120,487 shares, compared to its average volume of 1,246,507. The business has a fifty day moving average of $28.97 and a 200 day moving average of $24.44. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $39.80. The company has a market capitalization of $2.04 billion, a PE ratio of 15.08 and a beta of 1.52.

Photronics (NASDAQ:PLAB) last announced its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share for the quarter, topping analysts’ consensus estimates of $0.47 by $0.13. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The firm had revenue of $215.77 million during the quarter, compared to analysts’ expectations of $204.54 million. During the same period in the prior year, the company earned $0.59 EPS. The firm’s revenue was down 3.1% on a year-over-year basis. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. On average, sell-side analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.

Institutional Trading of Photronics

Institutional investors have recently added to or reduced their stakes in the stock. Larson Financial Group LLC acquired a new position in Photronics during the 3rd quarter worth $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 worth $34,000 after purchasing an additional 1,293 shares during the last quarter. Central Pacific Bank Trust Division acquired a new position in Photronics in the fourth quarter worth about $55,000. Wexford Capital LP bought a new stake in Photronics in the third quarter valued at about $62,000. Finally, Newbridge Financial Services Group Inc. increased its holdings in Photronics by 336.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $68,000 after buying an additional 2,775 shares during the last quarter. 88.38% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on PLAB shares. Zacks Research upgraded Photronics from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 17th. Craig Hallum upped their target price on shares of Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a report on Monday, December 29th. Finally, DA Davidson boosted their price objective on shares of Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $43.50.

About Photronics

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.