Dynamic Technology Lab Private Ltd Invests $393,000 in Photronics, Inc. $PLAB

Dynamic Technology Lab Private Ltd acquired a new position in shares of Photronics, Inc. (NASDAQ:PLAB) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 17,130 shares of the semiconductor company’s stock, valued at approximately $393,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of PLAB. Royal Bank of Canada boosted its stake in Photronics by 30.1% in the first quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 50,707 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Photronics by 4.6% during the first 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 in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Photronics by 14.4% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company’s stock valued at $2,009,000 after purchasing an additional 12,159 shares during the last quarter. Intech Investment Management LLC lifted its holdings in shares of Photronics by 6.0% during the 1st quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company’s stock valued at $1,296,000 after purchasing an additional 3,526 shares during the last quarter. Finally, Envestnet Asset Management Inc. boosted its position in shares of Photronics by 19.9% in the 2nd quarter. Envestnet Asset Management Inc. now owns 68,839 shares of the semiconductor company’s stock worth $1,296,000 after purchasing an additional 11,422 shares in the last quarter. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently issued reports on PLAB. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Photronics in a research report on Monday, December 29th. Craig Hallum reissued a “buy” rating and issued a $48.00 price target on shares of Photronics in a report on Tuesday, March 3rd. Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, February 10th. Finally, DA Davidson upped their price objective on shares of Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $46.50.

Insider Transactions at Photronics

In other Photronics news, Director Kang Jyh Lee sold 10,000 shares of the firm’s stock in a transaction that occurred 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 directly owned 410,850 shares of the company’s stock, valued at approximately $14,022,310.50. This trade represents a 2.38% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Mary Paladino sold 11,250 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The stock was sold at an average price of $35.11, for a total transaction of $394,987.50. Following the transaction, the director directly owned 23,820 shares of the company’s stock, valued at $836,320.20. This represents a 32.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 171,250 shares of company stock worth $6,091,950. 3.30% of the stock is owned by company insiders.

Photronics Price Performance

Shares of PLAB opened at $34.39 on Thursday. The company’s fifty day moving average price is $35.71 and its 200-day moving average price is $28.80. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $45.40. The firm has a market capitalization of $1.99 billion, a PE ratio of 14.63 and a beta of 1.50.

Photronics (NASDAQ:PLAB) last issued its earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) 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 analyst estimates of $220.09 million. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The firm’s quarterly revenue was up 6.1% on a year-over-year basis. During the same quarter last year, the business posted $0.52 EPS. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. As a group, research analysts anticipate that Photronics, Inc. will post 2.3 EPS for the current fiscal year.

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.