Insider Selling: Photronics (NASDAQ:PLAB) COO Sells 10,000 Shares of Stock

Photronics, Inc. (NASDAQ:PLAB) COO Hsueh-Chun Wang sold 10,000 shares of the stock in a transaction that occurred on Wednesday, April 1st. The shares were sold at an average price of $42.08, for a total value of $420,800.00. Following the sale, the chief operating officer directly owned 154,685 shares of the company’s stock, valued at $6,509,144.80. The trade was a 6.07% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

Photronics Price Performance

Photronics stock remained flat at $40.85 during mid-day trading on Friday. The company had a trading volume of 541,892 shares, compared to its average volume of 909,190. The business has a 50 day simple moving average of $37.14 and a two-hundred day simple moving average of $30.60. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $45.40. The company has a market capitalization of $2.41 billion, a price-to-earnings ratio of 17.38 and a beta of 1.43.

Photronics (NASDAQ:PLAB) last announced its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.54 by $0.07. Photronics had a return on equity of 7.88% and a net margin of 15.83%.The firm had revenue of $225.07 million during the quarter, compared to the consensus estimate of $220.09 million. During the same quarter in the prior year, the company earned $0.52 EPS. The business’s revenue for the quarter was up 6.1% on a year-over-year basis. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. As a group, equities research analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms recently issued reports on PLAB. Craig Hallum restated a “buy” rating and set a $48.00 price objective on shares of Photronics in a report on Tuesday, March 3rd. Wall Street Zen upgraded shares of Photronics from a “buy” rating to a “strong-buy” rating in a research note on Saturday, March 14th. Lake Street Capital began coverage on shares of Photronics in a research report on Friday, March 20th. They set a “buy” rating and a $46.00 target price for the company. Weiss Ratings restated a “hold (c+)” rating on shares of Photronics in a research note on Friday, March 27th. Finally, DA Davidson lifted 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. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, Photronics presently has an average rating of “Moderate Buy” and a consensus price target of $46.33.

Institutional Investors Weigh In On Photronics

Several large investors have recently added to or reduced their stakes in the company. Torren Management LLC bought a new stake in Photronics in the 4th quarter valued at about $26,000. Larson Financial Group LLC purchased a new position in shares of Photronics in the third quarter worth about $28,000. Quarry LP increased its stake in shares of Photronics by 569.8% in the fourth quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after purchasing an additional 1,151 shares in the last quarter. Global Retirement Partners LLC raised its position in shares of Photronics by 723.8% in the fourth quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company’s stock valued at $45,000 after purchasing an additional 1,245 shares during the period. Finally, Hantz Financial Services Inc. raised its position in shares of Photronics by 673.4% in the third quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 1,293 shares during the period. Hedge funds and other institutional investors own 88.38% of the company’s stock.

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.