Photronics (NASDAQ:PLAB) Director Kang Jyh Lee Sells 5,000 Shares

Key Points

• Kang Jyh Lee sold 5,000 shares of Photronics on April 8 at an average price of $43.27 for $216,350 and now directly owns 385,850 shares.
• The April 8 sale is part of a series of insider disposals since January totaling 50,000 shares, generating roughly $1.84 million in proceeds.
• Photronics recently beat Q1 expectations with $0.61 EPS vs. $0.54 and $225.07M revenue (+6.1%), set Q2 EPS guidance of $0.490–0.550, and trades near its one‑year high with an average analyst target of $46.33.

Photronics, Inc. (NASDAQ:PLAB - Get Free Report) Director Kang Jyh Lee sold 5,000 shares of the business's stock in a transaction that occurred on Wednesday, April 8th. The stock was sold at an average price of $43.27, for a total value of $216,350.00. Following the sale, the director directly owned 385,850 shares in the company, valued at approximately $16,695,729.50. The trade was a 1.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Kang Jyh Lee also recently made the following trade(s):

• On Monday, April 6th, Kang Jyh Lee sold 5,000 shares of Photronics stock. The stock was sold at an average price of $40.53, for a total value of $202,650.00.
• On Monday, March 23rd, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $39.00, for a total value of $390,000.00.
• On Thursday, March 19th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $35.80, for a total value of $358,000.00.
• On Thursday, January 15th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The stock was sold at an average price of $34.13, for a total value of $341,300.00.
• On Monday, January 12th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $33.05, for a total value of $330,500.00.

Photronics Trading Up 0.9%

PLAB stock traded up $0.42 during trading hours on Friday, hitting $44.90. 1,014,154 shares of the stock traded hands, compared to its average volume of 1,120,979. The stock has a 50-day simple moving average of $37.68 and a 200 day simple moving average of $31.10. The company has a market cap of $2.65 billion, a P/E ratio of 19.11 and a beta of 1.43. Photronics, Inc. has a one year low of $16.59 and a one year high of $45.92.

Photronics (NASDAQ:PLAB - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 EPS for the quarter, topping the consensus estimate of $0.54 by $0.07. Photronics had a net margin of 15.83% and a return on equity of 7.88%. The firm had revenue of $225.07 million for the quarter, compared to analysts' expectations of $220.09 million. During the same period in the previous year, the business earned $0.52 earnings per share. Photronics's revenue for the quarter was up 6.1% compared to the same quarter last year. Photronics has set its Q2 2026 guidance at 0.490-0.550 EPS. Analysts forecast that Photronics, Inc. will post 2.3 earnings per share for the current year.

Hedge Funds Weigh In On Photronics

Several institutional investors and hedge funds have recently bought and sold shares of PLAB. Russell Investments Group Ltd. increased its holdings in shares of Photronics by 0.3% in the 4th quarter. Russell Investments Group Ltd. now owns 105,784 shares of the semiconductor company's stock valued at $3,385,000 after purchasing an additional 306 shares during the period. Parkside Financial Bank & Trust boosted its holdings in shares of Photronics by 16.2% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,624 shares of the semiconductor company's stock worth $84,000 after purchasing an additional 365 shares during the period. Hantz Financial Services Inc. boosted its holdings in shares of Photronics by 29.1% during the fourth quarter. Hantz Financial Services Inc. now owns 1,917 shares of the semiconductor company's stock worth $61,000 after purchasing an additional 432 shares during the period. GAMMA Investing LLC boosted its holdings in shares of Photronics by 21.9% during the fourth quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company's stock worth $83,000 after purchasing an additional 469 shares during the period. Finally, Kendall Capital Management grew its position in Photronics by 1.2% during the fourth quarter. Kendall Capital Management now owns 46,385 shares of the semiconductor company's stock valued at $1,484,000 after purchasing an additional 555 shares in the last quarter. Hedge funds and other institutional investors own 88.38% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on PLAB. DA Davidson increased their target price on shares of Photronics from $30.00 to $45.00 and gave the company a "buy" rating in a research note on Thursday, December 11th. Lake Street Capital began coverage on shares of Photronics in a research report on Friday, March 20th. They issued a "buy" rating and a $46.00 price target on the stock. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Photronics in a report on Friday, March 27th. Craig Hallum reiterated a "buy" rating and set a $48.00 price objective on shares of Photronics in a research report on Tuesday, March 3rd. Finally, Zacks Research cut Photronics from a "strong-buy" rating to a "hold" rating in a report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating and two have issued a Hold rating to the company's stock. According to MarketBeat.com, Photronics currently has an average rating of "Moderate Buy" and an average price target of $46.33.

About Photronics

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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