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 firm’s stock in a transaction on Thursday, January 15th. The shares were sold at an average price of $34.13, for a total transaction of $341,300.00. Following the completion of the transaction, the director owned 415,850 shares in the company, valued at $14,192,960.50. The trade was a 2.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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 transaction of $330,500.00.
• On Wednesday, January 7th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were 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 transaction 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 value 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 value 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 Price Performance

Shares of NASDAQ PLAB opened at $34.53 on Friday. Photronics, Inc. has a fifty-two week low of $16.46 and a fifty-two week high of $39.80. The stock has a market capitalization of $2.04 billion, a price-to-earnings ratio of 15.08 and a beta of 1.52. The business has a 50-day moving average of $28.97 and a 200-day moving average of $24.48.

Photronics (NASDAQ:PLAB) last announced its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 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 company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter last year, the company posted $0.59 earnings per share. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. On average, sell-side analysts expect that Photronics, Inc. will post 2.3 EPS for the current year.

Hedge Funds Weigh In On Photronics

Institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC grew its holdings in Photronics by 21.9% during the 4th quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company’s stock valued at $83,000 after buying an additional 469 shares in the last quarter. Kendall Capital Management increased its position in shares of Photronics by 1.2% during the fourth quarter. Kendall Capital Management now owns 46,385 shares of the semiconductor company’s stock worth $1,484,000 after acquiring an additional 555 shares during the period. Franklin Resources Inc. raised its position in Photronics by 0.9% during the 3rd quarter. Franklin Resources Inc. now owns 60,900 shares of the semiconductor company’s stock valued at $1,398,000 after purchasing an additional 570 shares in the last quarter. SummerHaven Investment Management LLC increased its holdings in Photronics by 2.6% during the second quarter. SummerHaven Investment Management LLC now owns 31,322 shares of the semiconductor company’s stock valued at $590,000 after buying an additional 782 shares during the period. Finally, Quantinno Capital Management LP lifted its stake in shares of Photronics by 6.8% during the 2nd quarter. Quantinno Capital Management LP now owns 14,847 shares of the semiconductor company’s stock worth $280,000 after purchasing an additional 945 shares during the last quarter. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research note on Monday, December 29th. Zacks Research upgraded Photronics from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. DA Davidson boosted their price objective on Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Finally, Craig Hallum boosted their price objective on Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Two 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 stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price 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.