Photronics (NASDAQ:PLAB) SVP Han Kyung Park Sells 6,250 Shares

Photronics, Inc. (NASDAQ:PLAB) SVP Han Kyung Park sold 6,250 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $34.89, for a total value of $218,062.50. Following the sale, the senior vice president owned 75,500 shares of the company’s stock, valued at $2,634,195. The trade was a 7.65% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Han Kyung Park also recently made the following trade(s):

• On Tuesday, January 13th, Han Kyung Park sold 7,500 shares of Photronics stock. The shares were sold at an average price of $33.70, for a total transaction of $252,750.00.
• On Friday, December 12th, Han Kyung Park sold 13,750 shares of Photronics stock. The stock was sold at an average price of $37.99, for a total transaction of $522,362.50.

Photronics Stock Down 0.3%

Shares of Photronics stock traded down $0.09 during trading hours on Tuesday, hitting $34.44. The company’s stock had a trading volume of 947,970 shares, compared to its average volume of 1,223,659. The business has a fifty day moving average of $29.21 and a 200 day moving average of $24.61. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $39.80. The company has a market capitalization of $2.03 billion, a PE ratio of 15.04 and a beta of 1.52.

Photronics (NASDAQ:PLAB) last posted its earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share 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 for the quarter, compared to analyst estimates of $204.54 million. During the same quarter in the previous year, the business posted $0.59 EPS. The business’s quarterly revenue was down 3.1% on a year-over-year basis. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. On average, sell-side analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several research firms recently commented on PLAB. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research report on Monday, December 29th. Zacks Research raised shares of Photronics from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 17th. DA Davidson upped their target price on shares of Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Finally, Craig Hallum raised their price target on shares of Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating and one has issued a Hold rating to the company. According to data from MarketBeat.com, Photronics has an average rating of “Buy” and a consensus target price of $43.50.

Hedge Funds Weigh In On Photronics

Institutional investors and hedge funds have recently made changes to their positions in the business. Victory Capital Management Inc. grew its position in shares of Photronics by 699.0% during the third quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company’s stock worth $52,914,000 after buying an additional 2,017,052 shares in the last quarter. LSV Asset Management boosted its stake in Photronics by 17.2% during the 2nd quarter. LSV Asset Management now owns 2,607,874 shares of the semiconductor company’s stock valued at $49,106,000 after acquiring an additional 383,355 shares during the last quarter. Arrowstreet Capital Limited Partnership acquired a new position in Photronics during the 3rd quarter worth $8,416,000. Qube Research & Technologies Ltd increased its position in shares of Photronics by 123.8% in the 3rd quarter. Qube Research & Technologies Ltd now owns 233,498 shares of the semiconductor company’s stock worth $5,359,000 after purchasing an additional 129,152 shares during the last quarter. Finally, American Century Companies Inc. increased its position in shares of Photronics by 5.0% in the 2nd quarter. American Century Companies Inc. now owns 2,306,176 shares of the semiconductor company’s stock worth $43,425,000 after purchasing an additional 109,909 shares during the last quarter. 88.38% of the stock is currently owned by hedge funds and other institutional investors.

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.