Janus Henderson Group PLC Has $4.12 Million Stock Position in Photronics, Inc. (NASDAQ:PLAB)

Janus Henderson Group PLC lifted its holdings in shares of Photronics, Inc. (NASDAQ:PLAB - Free Report) by 28.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 174,891 shares of the semiconductor company's stock after buying an additional 38,349 shares during the quarter. Janus Henderson Group PLC owned about 0.28% of Photronics worth $4,120,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Smartleaf Asset Management LLC grew its position in shares of Photronics by 216.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,114 shares of the semiconductor company's stock worth $26,000 after buying an additional 762 shares during the period. Federated Hermes Inc. acquired a new position in shares of Photronics during the 4th quarter worth about $47,000. Parkside Financial Bank & Trust grew its position in shares of Photronics by 65.6% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,283 shares of the semiconductor company's stock worth $54,000 after buying an additional 904 shares during the period. KBC Group NV grew its position in shares of Photronics by 76.8% during the 4th quarter. KBC Group NV now owns 3,467 shares of the semiconductor company's stock worth $82,000 after buying an additional 1,506 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new position in shares of Photronics during the 4th quarter worth about $101,000. Institutional investors and hedge funds own 88.38% of the company's stock.

Photronics Price Performance

Shares of Photronics stock traded down $0.38 during trading on Friday, hitting $19.47. 380,731 shares of the company were exchanged, compared to its average volume of 525,351. The firm has a market capitalization of $1.24 billion, a P/E ratio of 9.32 and a beta of 1.43. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $31.60. The firm's fifty day moving average price is $19.32 and its 200 day moving average price is $22.03.

Photronics (NASDAQ:PLAB - Get Free Report) last posted its earnings results on Wednesday, February 26th. The semiconductor company reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.05. The company had revenue of $212.14 million during the quarter, compared to analyst estimates of $210.00 million. Photronics had a return on equity of 9.10% and a net margin of 15.07%. During the same period in the previous year, the company earned $0.48 EPS. As a group, equities research analysts anticipate that Photronics, Inc. will post 2.3 earnings per share for the current year.

Insider Transactions at Photronics

In related news, Director Walter M. Fiederowicz sold 10,000 shares of the business's stock in a transaction that occurred on Tuesday, March 25th. The stock was sold at an average price of $21.63, for a total value of $216,300.00. Following the completion of the transaction, the director now directly owns 29,548 shares in the company, valued at approximately $639,123.24. The trade was a 25.29% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders sold 54,548 shares of company stock worth $1,093,093. 3.20% of the stock is currently owned by company insiders.

Photronics Profile

Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates.