Kang Jyh Lee Sells 20,000 Shares of Photronics (NASDAQ:PLAB) Stock

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 20,000 shares of Photronics stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $38.53, for a total value of $770,600.00. Following the completion of the transaction, the director directly owned 493,350 shares in the company, valued at $19,008,775.50. This trade represents a 3.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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

• 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 value of $729,000.00.
• On Monday, October 6th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $25.33, for a total transaction of $253,300.00.

Photronics Stock Down 4.1%

Shares of NASDAQ PLAB opened at $32.96 on Thursday. The firm’s fifty day moving average is $24.58 and its 200 day moving average is $22.17. Photronics, Inc. has a 52 week low of $16.46 and a 52 week high of $39.80. The company has a market cap of $1.94 billion, a price-to-earnings ratio of 14.39 and a beta of 1.54.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in PLAB. Charles Schwab Investment Management Inc. grew its stake in shares of Photronics by 0.5% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,012,744 shares of the semiconductor company’s stock worth $21,025,000 after buying an additional 5,162 shares during the last quarter. Boston Partners raised its stake in Photronics by 2.9% during the second quarter. Boston Partners now owns 826,718 shares of the semiconductor company’s stock valued at $15,706,000 after buying an additional 23,037 shares during the last quarter. LSV Asset Management boosted its holdings in Photronics by 17.2% in the second quarter. LSV Asset Management now owns 2,607,874 shares of the semiconductor company’s stock worth $49,106,000 after acquiring an additional 383,355 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Photronics by 0.7% in the first quarter. Vanguard Group Inc. now owns 5,907,219 shares of the semiconductor company’s stock worth $122,634,000 after acquiring an additional 38,330 shares during the last quarter. Finally, Strs Ohio purchased a new stake in shares of Photronics in the first quarter worth $648,000. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have commented on PLAB shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a research report on Monday. Singular Research raised Photronics to a “strong-buy” rating in a research note on Thursday, September 4th. DA Davidson upped their target price on Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Zacks Research cut shares of Photronics from a “strong-buy” rating to a “hold” rating in a report on Thursday, November 13th. Finally, Wall Street Zen raised shares of Photronics from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $43.50.

Photronics Company Profile

Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.