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 dated Wednesday, January 7th. The shares were sold at an average price of $34.83, for a total transaction of $348,300.00. Following the sale, the director directly owned 445,850 shares in the company, valued at $15,528,955.50. This trade represents a 2.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

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

• On Monday, January 5th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $33.90, for a total transaction 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 transaction of $293,475.00.
• On Monday, December 22nd, Kang Jyh Lee sold 8,750 shares of Photronics stock. The shares were 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 Trading Up 4.9%

PLAB stock opened at $33.33 on Friday. The stock’s 50 day simple moving average is $27.92 and its 200 day simple moving average is $23.97. Photronics, Inc. has a 12-month low of $16.46 and a 12-month high of $39.80. The stock has a market capitalization of $1.97 billion, a PE ratio of 14.55 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 (EPS) for the quarter, beating analysts’ consensus estimates of $0.47 by $0.13. Photronics had a return on equity of 7.87% and a net margin of 16.06%.The firm had revenue of $215.77 million for the quarter, compared to the consensus estimate of $204.54 million. During the same period in the prior year, the company posted $0.59 earnings per share. The company’s quarterly 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, research analysts predict that Photronics, Inc. will post 2.3 earnings per share for the current year.

Institutional Investors Weigh In On Photronics

A number of hedge funds have recently modified their holdings of PLAB. Boston Partners raised its stake in shares of Photronics by 2.9% in the second quarter. Boston Partners now owns 826,718 shares of the semiconductor company’s stock worth $15,706,000 after buying an additional 23,037 shares during the period. Inspire Investing LLC raised its stake in Photronics by 201.3% during the 3rd quarter. Inspire Investing LLC now owns 62,556 shares of the semiconductor company’s stock valued at $1,436,000 after purchasing an additional 41,791 shares during the period. LSV Asset Management raised its position in shares of Photronics by 17.2% during the second quarter. LSV Asset Management now owns 2,607,874 shares of the semiconductor company’s stock valued at $49,106,000 after buying an additional 383,355 shares during the last quarter. Voya Investment Management LLC lifted its stake in Photronics by 16.1% in the 1st quarter. Voya Investment Management LLC now owns 204,238 shares of the semiconductor company’s stock worth $4,240,000 after purchasing an additional 28,345 shares in the last quarter. Finally, Strs Ohio purchased a new position in Photronics during the 1st quarter valued at approximately $648,000. Institutional investors own 88.38% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently weighed in on PLAB. DA Davidson increased their price objective on shares of Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Craig Hallum boosted 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. Zacks Research upgraded Photronics from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. Wall Street Zen raised Photronics from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a research report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price 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.