American Century Companies Inc. Buys 106,069 Shares of Photronics, Inc. $PLAB

American Century Companies Inc. grew its stake in shares of Photronics, Inc. (NASDAQ:PLAB) by 4.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,412,245 shares of the semiconductor company’s stock after purchasing an additional 106,069 shares during the quarter. American Century Companies Inc. owned about 4.09% of Photronics worth $55,361,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Quantinno Capital Management LP grew its stake in shares of Photronics by 6.8% in the second quarter. Quantinno Capital Management LP now owns 14,847 shares of the semiconductor company’s stock valued at $280,000 after buying an additional 945 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its stake in Photronics by 7.7% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 16,319 shares of the semiconductor company’s stock valued at $307,000 after acquiring an additional 1,162 shares during the last quarter. Sei Investments Co. lifted its stake in Photronics by 2.3% in the second quarter. Sei Investments Co. now owns 55,868 shares of the semiconductor company’s stock valued at $1,052,000 after acquiring an additional 1,253 shares during the last quarter. Hantz Financial Services Inc. grew its position in shares of Photronics by 673.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,293 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Photronics by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company’s stock worth $761,000 after purchasing an additional 1,600 shares during the last quarter. Institutional investors own 88.38% of the company’s stock.

Photronics Price Performance

PLAB opened at $35.14 on Friday. The business has a fifty day simple moving average of $35.64 and a 200 day simple moving average of $28.39. Photronics, Inc. has a 1 year low of $16.46 and a 1 year high of $45.40. The company has a market capitalization of $2.04 billion, a PE ratio of 14.95 and a beta of 1.50.

Photronics (NASDAQ:PLAB) last posted its earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share for the quarter, topping analysts’ consensus estimates of $0.54 by $0.07. The company had revenue of $225.07 million during the quarter, compared to the consensus estimate of $220.09 million. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The company’s revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.52 earnings per share. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. Equities analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.

Insider Buying and Selling at Photronics

In related news, SVP Han Kyung Park sold 6,250 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $34.89, for a total value of $218,062.50. Following the completion of the sale, the senior vice president directly owned 75,500 shares in the company, valued at approximately $2,634,195. The trade was a 7.65% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Mary Paladino sold 11,250 shares of the firm’s stock in a transaction on Tuesday, January 6th. The stock was sold at an average price of $35.11, for a total value of $394,987.50. Following the transaction, the director owned 23,820 shares in the company, valued at approximately $836,320.20. This trade represents a 32.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 171,250 shares of company stock worth $6,091,950 over the last quarter. Company insiders own 3.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on PLAB shares. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a report on Monday, December 29th. Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. DA Davidson raised their price objective on Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Finally, Craig Hallum reiterated a “buy” rating and set a $48.00 target price on shares of Photronics in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company. Based on data from MarketBeat, Photronics presently has an average rating of “Moderate Buy” and an average target price of $46.50.

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.