Constantine Macricostas Sells 50,000 Shares of Photronics (NASDAQ:PLAB) Stock

Photronics, Inc. (NASDAQ:PLAB) Director Constantine Macricostas sold 50,000 shares of the business’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $45.35, for a total value of $2,267,500.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Photronics Price Performance

Shares of NASDAQ:PLAB opened at $45.86 on Thursday. Photronics, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $46.49. The business has a 50-day moving average of $38.52 and a two-hundred day moving average of $31.74. The stock has a market capitalization of $2.70 billion, a P/E ratio of 19.51 and a beta of 1.43.

Photronics (NASDAQ:PLAB) last announced its quarterly 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. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The company had revenue of $225.07 million during the quarter, compared to analysts’ expectations of $220.09 million. During the same quarter in the previous year, the firm earned $0.52 earnings per share. The business’s quarterly revenue was up 6.1% compared to the same quarter last year. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. As a group, research analysts expect that Photronics, Inc. will post 2.3 EPS for the current fiscal year.

Hedge Funds Weigh In On Photronics

Several large investors have recently added to or reduced their stakes in the company. LSV Asset Management raised its holdings in Photronics by 14.7% in the 4th quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company’s stock valued at $92,271,000 after acquiring an additional 370,489 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Photronics by 4.6% in the 3rd quarter. American Century Companies Inc. now owns 2,412,245 shares of the semiconductor company’s stock valued at $55,361,000 after purchasing an additional 106,069 shares during the period. Victory Capital Management Inc. grew its stake in shares of Photronics by 699.0% in the 3rd quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company’s stock valued at $52,914,000 after purchasing an additional 2,017,052 shares during the period. Invesco Ltd. grew its stake in shares of Photronics by 395.9% in the 4th quarter. Invesco Ltd. now owns 1,536,374 shares of the semiconductor company’s stock valued at $49,164,000 after purchasing an additional 1,226,588 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Photronics by 3.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,023,766 shares of the semiconductor company’s stock valued at $32,761,000 after purchasing an additional 33,573 shares during the period. Institutional investors and hedge funds own 88.38% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on PLAB shares. Craig Hallum reissued a “buy” rating and set a $48.00 price objective on shares of Photronics in a research report on Tuesday, March 3rd. Zacks Research cut Photronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research report on Friday, March 27th. Wall Street Zen raised Photronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Finally, Lake Street Capital started coverage on Photronics in a research report on Friday, March 20th. They set a “buy” rating and a $46.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $46.33.

Key Photronics News

Here are the key news stories impacting Photronics this week:

• Positive Sentiment: Q4 beat and constructive guidance: Photronics reported $0.61 EPS vs. $0.54 expected and revenue above consensus; management set Q2 FY26 guidance of $0.490–$0.550, supporting near‑term earnings visibility. MarketBeat Q4 and guidance
• Positive Sentiment: Favorable analyst coverage and valuation narrative: recent buy/strong‑buy notes (Lake Street, Craig Hallum, WallStreetZen) and commentary highlighting PLAB trading below ~20x earnings vs. peers support the argument that the stock looks relatively inexpensive if semiconductor/AI demand holds. Valuation write‑up
• Positive Sentiment: Momentum recognition: PLAB made Zacks’ value “#1 (Strong Buy)” list, which can attract momentum/value buyers. Zacks list
• Neutral Sentiment: Market debate over insider activity: some outlets frame recent insider sales as routine liquidity or portfolio rebalancing rather than a signal of weakening fundamentals, leaving sentiment mixed. TipRanks discussion
• Negative Sentiment: Significant cluster of insider sales: multiple executives and directors have sold stock in mid‑April — CFO Eric Rivera (~41,517 shares on Apr 9 and additional sales), COO Hsueh‑Chun Wang (11,875 + earlier sales), Director Constantine Macricostas (50,000 shares), Director Kang Jyh Lee (5,000) and reported CEO sales — creating headline risk and potential short‑term selling pressure. Relevant filings and reports are linked. CFO Form 4 Director Form 4 Press summary

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.