20,100 Shares in Photronics, Inc. $PLAB Purchased by IQ EQ FUND MANAGEMENT IRELAND Ltd

IQ EQ FUND MANAGEMENT IRELAND Ltd bought a new position in shares of Photronics, Inc. (NASDAQ:PLAB) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,100 shares of the semiconductor company’s stock, valued at approximately $461,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of PLAB. Royal Bank of Canada lifted its stake in Photronics by 30.1% during the 1st quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company’s stock valued at $4,553,000 after acquiring an additional 50,707 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Photronics by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company’s stock valued at $761,000 after purchasing an additional 1,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Photronics by 14.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company’s stock valued at $2,009,000 after purchasing an additional 12,159 shares during the last quarter. Intech Investment Management LLC boosted its holdings in Photronics by 6.0% in the first quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company’s stock valued at $1,296,000 after purchasing an additional 3,526 shares during the last quarter. Finally, Inspire Investing LLC grew its position in Photronics by 24.7% during the 2nd quarter. Inspire Investing LLC now owns 20,765 shares of the semiconductor company’s stock worth $391,000 after purchasing an additional 4,114 shares during the period. Institutional investors and hedge funds own 88.38% of the company’s stock.

Insider Transactions at Photronics

In related news, EVP Christopher J. Progler sold 25,000 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $35.78, for a total value of $894,500.00. Following the completion of the transaction, the executive vice president directly owned 165,591 shares of the company’s stock, valued at approximately $5,924,845.98. This represents a 13.12% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Han Kyung Park sold 13,750 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $37.99, for a total value of $522,362.50. Following the completion of the transaction, the senior vice president owned 89,250 shares in the company, valued at $3,390,607.50. The trade was a 13.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 181,250 shares of company stock worth $6,317,150 over the last three months. 3.20% of the stock is owned by insiders.

Analysts Set New Price Targets

Several brokerages have recently issued reports on PLAB. Craig Hallum boosted their price objective on Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a report on Thursday, December 11th. Weiss Ratings restated 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 report on Wednesday, December 17th. Finally, DA Davidson increased their price target on shares of Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Two research analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average price target of $43.50.

Photronics Price Performance

Shares of PLAB stock opened at $37.24 on Friday. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $39.80. The company has a market cap of $2.20 billion, a price-to-earnings ratio of 16.26 and a beta of 1.52. The stock has a 50 day simple moving average of $33.04 and a 200-day simple moving average of $26.12.

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

Photronics 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.