Skylands Capital LLC Has $3.19 Million Stock Holdings in Photronics, Inc. $PLAB

Skylands Capital LLC decreased its stake in Photronics, Inc. (NASDAQ:PLAB) by 26.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 139,175 shares of the semiconductor company’s stock after selling 49,575 shares during the quarter. Skylands Capital LLC’s holdings in Photronics were worth $3,194,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PLAB. Hantz Financial Services Inc. lifted its stake in shares of Photronics by 673.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock valued at $34,000 after acquiring an additional 1,293 shares during the last quarter. State of Wyoming acquired a new stake in shares of Photronics during the third quarter valued at about $73,000. Newbridge Financial Services Group Inc. increased its stake in shares of Photronics by 336.4% in the second quarter. Newbridge Financial Services Group Inc. now owns 3,600 shares of the semiconductor company’s stock valued at $68,000 after buying an additional 2,775 shares during the period. Tower Research Capital LLC TRC raised its holdings in Photronics by 424.0% in the 2nd quarter. Tower Research Capital LLC TRC now owns 8,363 shares of the semiconductor company’s stock valued at $157,000 after buying an additional 6,767 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC acquired a new stake in Photronics during the 3rd quarter worth approximately $200,000. Institutional investors own 88.38% of the company’s stock.

Insiders Place Their Bets

In related news, Director Kang Jyh Lee sold 20,000 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $38.53, for a total transaction of $770,600.00. Following the completion of the sale, the director owned 493,350 shares of the company’s stock, valued at $19,008,775.50. This trade represents a 3.90% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, SVP Han Kyung Park sold 13,750 shares of Photronics stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $37.99, for a total value of $522,362.50. Following the completion of the sale, the senior vice president owned 89,250 shares of the company’s stock, valued at approximately $3,390,607.50. The trade was a 13.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 181,250 shares of company stock valued at $6,317,150 over the last 90 days. 3.20% of the stock is owned by company insiders.

Analysts Set New Price Targets

Several brokerages have issued reports on PLAB. DA Davidson upped their price target on shares of Photronics from $30.00 to $45.00 and gave the company a “buy” rating in a research report on Thursday, December 11th. Weiss Ratings reissued a “hold (c+)” rating on shares of Photronics in a research note on Monday, December 29th. Craig Hallum raised their target price on Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a research report on Thursday, December 11th. Finally, Zacks Research raised Photronics from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 17th. 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 company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $43.50.

Photronics Stock Performance

NASDAQ:PLAB opened at $37.56 on Wednesday. Photronics, Inc. has a 52 week low of $16.46 and a 52 week high of $39.80. The firm’s fifty day moving average is $33.62 and its 200-day moving average is $26.42. The firm has a market cap of $2.22 billion, a P/E ratio of 16.40 and a beta of 1.52.

Photronics (NASDAQ:PLAB) last released 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. The business had revenue of $215.77 million for the quarter, compared to analyst estimates of $204.54 million. Photronics had a net margin of 16.06% and a return on equity of 7.87%. Photronics’s revenue for the quarter was down 3.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.59 earnings per share. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. As a group, sell-side analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current 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.