Hsueh-Chun Wang Sells 10,000 Shares of Photronics (NASDAQ:PLAB) Stock

Photronics, Inc. (NASDAQ:PLAB) COO Hsueh-Chun Wang sold 10,000 shares of Photronics stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $42.08, for a total value of $420,800.00. Following the completion of the transaction, the chief operating officer owned 154,685 shares of the company’s stock, valued at approximately $6,509,144.80. This represents a 6.07% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Photronics Price Performance

Shares of NASDAQ PLAB opened at $40.85 on Friday. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $45.40. The business’s 50 day moving average is $37.14 and its two-hundred day moving average is $30.65. The stock has a market capitalization of $2.41 billion, a P/E ratio of 17.38 and a beta of 1.43.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.54 by $0.07. The business 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 company’s revenue for the quarter was up 6.1% on a year-over-year basis. During the same period last year, the company earned $0.52 EPS. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. As a group, equities research analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on PLAB. Lake Street Capital started coverage on shares of Photronics in a research report on Friday, March 20th. They set a “buy” rating and a $46.00 price objective on the stock. DA Davidson raised their target price on shares of Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Wall Street Zen raised shares of Photronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a report on Friday, March 27th. Finally, Zacks Research lowered shares of Photronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, Photronics has a consensus rating of “Moderate Buy” and a consensus target price of $46.33.

Hedge Funds Weigh In On Photronics

A number of large investors have recently bought and sold shares of the business. Torren Management LLC bought a new position in Photronics in the 4th quarter valued at $26,000. Larson Financial Group LLC bought a new stake in shares of Photronics during the third quarter worth $28,000. Hantz Financial Services Inc. lifted its position in shares of Photronics by 673.4% during the third quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock worth $34,000 after purchasing an additional 1,293 shares during the last quarter. Quarry LP boosted its stake in shares of Photronics by 569.8% during the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock valued at $43,000 after purchasing an additional 1,151 shares during the period. Finally, Global Retirement Partners LLC boosted its stake in shares of Photronics by 723.8% during the fourth quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 1,245 shares during the period. Hedge funds and other institutional investors own 88.38% of the company’s stock.

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.