30,000 Shares in Photronics, Inc. $PLAB Acquired by K.J. Harrison & Partners Inc

K.J. Harrison & Partners Inc acquired a new position in Photronics, Inc. (NASDAQ:PLAB) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 30,000 shares of the semiconductor company’s stock, valued at approximately $960,000.

Other institutional investors also recently modified their holdings of the company. AlphaQuest LLC boosted its stake in shares of Photronics by 323.1% during the 3rd quarter. AlphaQuest LLC now owns 50,036 shares of the semiconductor company’s stock valued at $1,148,000 after buying an additional 38,209 shares during the period. Belpointe Asset Management LLC bought a new position in shares of Photronics during the 3rd quarter valued at $864,000. Victory Capital Management Inc. raised its holdings in shares of Photronics by 699.0% during the 3rd quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company’s stock valued at $52,914,000 after purchasing an additional 2,017,052 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH raised its holdings in shares of Photronics by 41.3% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 285,261 shares of the semiconductor company’s stock valued at $9,128,000 after purchasing an additional 83,400 shares in the last quarter. Finally, American Century Companies Inc. raised its holdings in shares of Photronics by 4.6% during the 3rd quarter. American Century Companies Inc. now owns 2,412,245 shares of the semiconductor company’s stock valued at $55,361,000 after purchasing an additional 106,069 shares in the last quarter. Institutional investors and hedge funds 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 on Thursday, April 16th. The shares were sold at an average price of $45.92, for a total value of $918,400.00. Following the transaction, the director directly owned 355,850 shares in the company, valued at approximately $16,340,632. This trade represents a 5.32% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO George Macricostas sold 121,194 shares of the firm’s stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $42.94, for a total transaction of $5,204,070.36. Following the completion of the transaction, the chief executive officer owned 334,068 shares in the company, valued at $14,344,879.92. The trade was a 26.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 346,144 shares of company stock worth $15,061,759 in the last ninety days. 3.30% of the stock is owned by insiders.

Photronics Trading Down 3.3%

Photronics stock opened at $50.36 on Friday. Photronics, Inc. has a 1-year low of $16.59 and a 1-year high of $53.00. The firm’s fifty day simple moving average is $41.92 and its 200-day simple moving average is $34.39. The company has a market capitalization of $2.97 billion, a P/E ratio of 21.43 and a beta of 1.51.

Photronics (NASDAQ:PLAB) last posted its earnings results 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 net margin of 15.83% and a return on equity of 7.88%. The business had revenue of $225.07 million for the quarter, compared to analyst estimates of $220.09 million. During the same period last year, the business posted $0.52 EPS. Photronics’s revenue was up 6.1% compared to the same quarter last year. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. On average, equities research analysts predict that Photronics, Inc. will post 2.35 earnings per share for the current year.

Analyst Ratings Changes

PLAB has been the topic of a number of recent research reports. Lake Street Capital restated a “buy” rating and set a $55.00 price target on shares of Photronics in a report on Friday, May 1st. Craig Hallum restated a “buy” rating and set a $48.00 price target 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 report on Saturday, March 14th. Weiss Ratings upgraded shares of Photronics from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, Zacks Research upgraded shares of Photronics from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 14th. Two equities research analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $49.33.

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.