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 that occurred 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 sale, the director owned 425,850 shares of the company’s stock, valued at approximately $14,074,342.50. The trade was a 2.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

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 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 Stock Performance

Shares of PLAB opened at $34.22 on Friday. The company has a 50-day simple moving average of $28.72 and a 200-day simple moving average of $24.33. Photronics, Inc. has a 52 week low of $16.46 and a 52 week high of $39.80. The firm has a market capitalization of $2.02 billion, a P/E ratio of 14.94 and a beta of 1.52.

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

Institutional Investors Weigh In On Photronics

Institutional investors and hedge funds have recently made changes to their positions in the company. LSV Asset Management increased its position in shares of Photronics by 17.2% during the 2nd quarter. LSV Asset Management now owns 2,607,874 shares of the semiconductor company’s stock worth $49,106,000 after purchasing an additional 383,355 shares in the last quarter. American Century Companies Inc. grew its stake in Photronics by 4.6% during the third quarter. American Century Companies Inc. now owns 2,412,245 shares of the semiconductor company’s stock worth $55,361,000 after buying an additional 106,069 shares during the last quarter. Victory Capital Management Inc. grew its stake in Photronics by 699.0% during the third quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company’s stock worth $52,914,000 after buying an additional 2,017,052 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Photronics by 1.4% during the second quarter. Geode Capital Management LLC now owns 1,888,042 shares of the semiconductor company’s stock worth $35,555,000 after buying an additional 26,507 shares in the last quarter. Finally, Boston Partners raised its stake in shares of Photronics by 1.3% in the third quarter. Boston Partners now owns 837,442 shares of the semiconductor company’s stock valued at $19,331,000 after acquiring an additional 10,724 shares during the last quarter. Institutional investors and hedge funds own 88.38% of the company’s stock.

Wall Street Analysts Forecast Growth

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

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.