Photronics (NASDAQ:PLAB) Director Kang Jyh Lee Sells 8,750 Shares

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 8,750 shares of the company’s stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $34.31, for a total value of $300,212.50. Following the sale, the director owned 484,600 shares in the company, valued at $16,626,626. The trade was a 1.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink.

Kang Jyh Lee also recently made the following trade(s):

• On Friday, December 12th, Kang Jyh Lee sold 20,000 shares of Photronics stock. The shares were 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.
• On Monday, October 6th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $25.33, for a total transaction of $253,300.00.

Photronics Price Performance

Shares of PLAB opened at $34.20 on Wednesday. The company has a market cap of $2.02 billion, a PE ratio of 14.93 and a beta of 1.54. The firm has a 50-day moving average of $25.43 and a 200-day moving average of $22.65. Photronics, Inc. has a one year low of $16.46 and a one year high of $39.80.

Photronics (NASDAQ:PLAB) last issued its earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.13. Photronics had a net margin of 16.06% and a return on equity of 7.87%. The business had revenue of $215.77 million during the quarter, compared to the consensus estimate of $204.54 million. During the same period last year, the business posted $0.59 EPS. Photronics’s revenue was down 3.1% on a year-over-year basis. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. Analysts expect that Photronics, Inc. will post 2.3 earnings per share for the current year.

Analyst Ratings Changes

A number of research analysts recently weighed in on PLAB shares. Craig Hallum boosted their target price on Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Singular Research upgraded shares of Photronics to a “strong-buy” rating in a report on Thursday, September 4th. Weiss Ratings restated a “hold (c+)” rating on shares of Photronics in a research note on Monday. Zacks Research raised shares of Photronics from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 17th. Finally, Wall Street Zen raised shares of Photronics from a “hold” rating to a “buy” rating in a report on Saturday, September 13th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $43.50.

Institutional Investors Weigh In On Photronics

A number of institutional investors have recently modified their holdings of the business. Larson Financial Group LLC bought a new position in Photronics during the third quarter worth about $28,000. Hantz Financial Services Inc. increased its holdings 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 period. Byrne Asset Management LLC bought a new position in shares of Photronics during the second quarter worth approximately $40,000. Wexford Capital LP acquired a new stake in shares of Photronics in the third quarter valued at approximately $62,000. Finally, State of Wyoming bought a new stake in shares of Photronics in the third quarter valued at approximately $73,000. 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.