Insider Selling: Photronics (NASDAQ:PLAB) Director Sells $330,500.00 in Stock

Photronics, Inc. (NASDAQ:PLAB) Director Kang Jyh Lee sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $33.05, for a total value of $330,500.00. Following the completion of the transaction, the director owned 425,850 shares in the company, valued at $14,074,342.50. The trade was a 2.29% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

• On Thursday, January 15th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $34.13, for a total value of $341,300.00.
• On Wednesday, January 7th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $34.83, for a total value of $348,300.00.
• On Monday, January 5th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $33.90, for a total value of $339,000.00.
• On Friday, January 2nd, Kang Jyh Lee sold 8,750 shares of Photronics stock. The shares were sold at an average price of $33.54, for a total value of $293,475.00.
• On Monday, December 22nd, Kang Jyh Lee sold 8,750 shares of Photronics stock. The stock was sold at an average price of $34.31, for a total transaction of $300,212.50.
• 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 transaction 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.

Photronics Stock Performance

Shares of PLAB stock opened at $34.53 on Friday. Photronics, Inc. has a 52 week low of $16.46 and a 52 week high of $39.80. The firm’s 50-day simple moving average is $28.97 and its two-hundred day simple moving average is $24.44. The firm has a market cap of $2.04 billion, a price-to-earnings ratio of 15.08 and a beta of 1.52.

Photronics (NASDAQ:PLAB) last issued its quarterly earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, topping 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 company had revenue of $215.77 million during the quarter, compared to analyst estimates of $204.54 million. During the same quarter last year, the business posted $0.59 EPS. Photronics’s quarterly revenue was down 3.1% compared to the same quarter last year. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. Analysts forecast that Photronics, Inc. will post 2.3 earnings per share for the current year.

Institutional Trading of Photronics

Several institutional investors and hedge funds have recently bought and sold shares of the company. Kendall Capital Management boosted its holdings in Photronics by 1.2% in the 4th quarter. Kendall Capital Management now owns 46,385 shares of the semiconductor company’s stock valued at $1,484,000 after purchasing an additional 555 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new stake in Photronics during the fourth quarter valued at $749,000. Allspring Global Investments Holdings LLC grew its position in Photronics by 26.0% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 17,176 shares of the semiconductor company’s stock worth $574,000 after buying an additional 3,542 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its position in Photronics by 66.6% during the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 14,296 shares of the semiconductor company’s stock worth $457,000 after buying an additional 5,714 shares in the last quarter. Finally, Central Pacific Bank Trust Division bought a new position in Photronics in the 4th quarter worth about $55,000. 88.38% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on PLAB. DA Davidson boosted their price objective on Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research report on Monday, December 29th. Zacks Research upgraded shares of Photronics from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 17th. Finally, Craig Hallum lifted their price objective on shares of Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Two equities research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $43.50.

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.