Photronics (NASDAQ:PLAB) CFO Sells $44,770.00 in Stock

Key Points

• CFO Eric Rivera sold 1,000 Photronics shares on April 13 at $44.77 for $44,770, leaving him with 136,173 shares (a 0.73% reduction); he also sold 41,517 shares on April 9 at $44 for about $1.83 million.
• Photronics recently beat quarterly estimates with $0.61 EPS on $225.1M revenue, set Q2 2026 guidance of $0.49–$0.55 EPS, and its stock trades near a 52‑week high with a market cap of roughly $2.7B and a P/E around 19.5.

Photronics, Inc. (NASDAQ:PLAB - Get Free Report) CFO Eric Rivera sold 1,000 shares of the stock in a transaction dated Monday, April 13th. The stock was sold at an average price of $44.77, for a total transaction of $44,770.00. Following the completion of the transaction, the chief financial officer directly owned 136,173 shares of the company's stock, valued at approximately $6,096,465.21. The trade was a 0.73% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Eric Rivera also recently made the following trade(s):

• On Thursday, April 9th, Eric Rivera sold 41,517 shares of Photronics stock. The stock was sold at an average price of $44.00, for a total transaction of $1,826,748.00.

Photronics Price Performance

PLAB stock traded up $0.15 during trading on Wednesday, reaching $45.86. The company had a trading volume of 597,730 shares, compared to its average volume of 1,105,482. Photronics, Inc. has a 52 week low of $16.59 and a 52 week high of $46.49. The company has a market cap of $2.70 billion, a P/E ratio of 19.51 and a beta of 1.43. The business has a 50 day moving average of $38.52 and a 200 day moving average of $31.74.

Photronics (NASDAQ:PLAB - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share (EPS) for the quarter, topping 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 company had revenue of $225.07 million during the quarter, compared to the consensus estimate of $220.09 million. During the same period in the prior year, the firm earned $0.52 earnings per share. Photronics's revenue was up 6.1% on a year-over-year basis. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. Research analysts expect that Photronics, Inc. will post 2.3 earnings per share for the current year.

Hedge Funds Weigh In On Photronics

A number of institutional investors and hedge funds have recently made changes to their positions in PLAB. Victory Capital Management Inc. grew its holdings in shares of Photronics by 699.0% during the third quarter. Victory Capital Management Inc. now owns 2,305,610 shares of the semiconductor company's stock valued at $52,914,000 after buying an additional 2,017,052 shares during the last quarter. Invesco Ltd. grew its holdings in shares of Photronics by 395.9% during the fourth quarter. Invesco Ltd. now owns 1,536,374 shares of the semiconductor company's stock valued at $49,164,000 after buying an additional 1,226,588 shares during the last quarter. Janus Henderson Group PLC grew its holdings in shares of Photronics by 2,201.5% during the fourth quarter. Janus Henderson Group PLC now owns 621,448 shares of the semiconductor company's stock valued at $19,883,000 after buying an additional 594,446 shares during the last quarter. LSV Asset Management grew its holdings in shares of Photronics by 14.7% during the fourth quarter. LSV Asset Management now owns 2,883,463 shares of the semiconductor company's stock valued at $92,271,000 after buying an additional 370,489 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership purchased a new stake in shares of Photronics during the third quarter valued at approximately $8,416,000. Institutional investors own 88.38% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Wall Street Zen raised shares of Photronics from a "buy" rating to a "strong-buy" rating in a research note on Saturday, March 14th. Zacks Research downgraded shares of Photronics from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, February 10th. Lake Street Capital assumed coverage on shares of Photronics in a research note on Friday, March 20th. They set a "buy" rating and a $46.00 target price for the company. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Photronics in a research note on Friday, March 27th. Finally, Craig Hallum reaffirmed a "buy" rating and set a $48.00 target price on shares of Photronics in a research note on Tuesday, March 3rd. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $46.33.

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.

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