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

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 10,000 shares of the stock in a transaction on Monday, January 12th. The shares were sold at an average price of $33.05, for a total value of $330,500.00. Following the completion of the sale, the director owned 435,850 shares of the company’s stock, valued at $14,404,842.50. The trade was a 2.24% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• 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 shares were 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 stock was 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 shares were sold at an average price of $36.45, for a total transaction of $729,000.00.

Photronics Stock Performance

Shares of NASDAQ:PLAB traded down $1.97 during midday trading on Wednesday, reaching $31.42. The company’s stock had a trading volume of 1,246,477 shares, compared to its average volume of 1,041,803. The firm has a market capitalization of $1.86 billion, a price-to-earnings ratio of 13.72 and a beta of 1.52. Photronics, Inc. has a fifty-two week low of $16.46 and a fifty-two week high of $39.80. The firm has a 50 day moving average price of $28.49 and a two-hundred day moving average price of $24.27.

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

Analyst Upgrades and Downgrades

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

Institutional Investors Weigh In On Photronics

Several institutional investors have recently made changes to their positions in PLAB. Larson Financial Group LLC bought a new stake in shares of Photronics during the 3rd quarter valued at $28,000. Hantz Financial Services Inc. increased 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 valued at $34,000 after buying an additional 1,293 shares during the period. Central Pacific Bank Trust Division purchased a new stake in shares of Photronics in the fourth quarter worth about $55,000. Byrne Asset Management LLC purchased a new stake in shares of Photronics in the second quarter worth about $40,000. Finally, GAMMA Investing LLC boosted its position in shares of Photronics by 21.9% in the fourth quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company’s stock valued at $83,000 after acquiring an additional 469 shares during the period. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Photronics Company Profile

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.