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

Key Points

• Kang Jyh Lee, a Photronics director, sold 5,000 shares on April 13 at an average price of $45.00 for $225,000, leaving him with 385,850 shares (a 1.28% reduction). This sale is part of a series of insider disposals—totaling 45,000 shares between Jan. 15 and Apr. 13.
• Photronics beat Q1 estimates, reporting $0.61 EPS versus $0.54 expected and revenue of $225.07M versus $220.09M, and gave Q2 guidance of $0.49–$0.55; analysts maintain a consensus "Moderate Buy" with an average target of $46.33.

Photronics, Inc. (NASDAQ:PLAB - Get Free Report) Director Kang Jyh Lee sold 5,000 shares of the stock in a transaction that occurred on Monday, April 13th. The shares were sold at an average price of $45.00, for a total transaction of $225,000.00. Following the sale, the director owned 385,850 shares in the company, valued at approximately $17,363,250. The trade was a 1.28% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

• On Wednesday, April 8th, Kang Jyh Lee sold 5,000 shares of Photronics stock. The shares were sold at an average price of $43.27, for a total transaction of $216,350.00.
• On Monday, April 6th, Kang Jyh Lee sold 5,000 shares of Photronics stock. The shares were sold at an average price of $40.53, for a total transaction 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 transaction 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 transaction of $358,000.00.
• On Thursday, January 15th, Kang Jyh Lee sold 10,000 shares of Photronics stock. The shares were sold at an average price of $34.13, for a total transaction of $341,300.00.

Photronics Stock Performance

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

Photronics (NASDAQ:PLAB - Get Free Report) last posted its quarterly earnings results on Wednesday, February 25th. The semiconductor company reported $0.61 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 firm had revenue of $225.07 million for the quarter, compared to analysts' expectations of $220.09 million. During the same quarter in the prior year, the company posted $0.52 earnings per share. 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. Sell-side analysts expect that Photronics, Inc. will post 2.3 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Royal Bank of Canada raised its position in Photronics by 30.1% in the first quarter. Royal Bank of Canada now owns 219,290 shares of the semiconductor company's stock worth $4,553,000 after acquiring an additional 50,707 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in Photronics by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 36,647 shares of the semiconductor company's stock worth $761,000 after acquiring an additional 1,600 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in Photronics by 14.4% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 96,752 shares of the semiconductor company's stock worth $2,009,000 after acquiring an additional 12,159 shares during the period. Intech Investment Management LLC raised its position in Photronics by 6.0% in the first quarter. Intech Investment Management LLC now owns 62,441 shares of the semiconductor company's stock worth $1,296,000 after acquiring an additional 3,526 shares during the period. Finally, JPMorgan Chase & Co. raised its position in Photronics by 21.5% in the second quarter. JPMorgan Chase & Co. now owns 273,646 shares of the semiconductor company's stock worth $5,153,000 after acquiring an additional 48,342 shares during the period. Institutional investors own 88.38% of the company's stock.

Wall Street Analyst Weigh In

PLAB has been the topic of a number of research analyst reports. Weiss Ratings restated a "hold (c+)" rating on shares of Photronics in a research report on Friday, March 27th. Craig Hallum restated a "buy" rating and set a $48.00 price objective on shares of Photronics in a research report on Tuesday, March 3rd. Wall Street Zen upgraded shares of Photronics from a "buy" rating to a "strong-buy" rating in a research report on Saturday, March 14th. Lake Street Capital initiated coverage on shares of Photronics in a research report on Friday, March 20th. They set a "buy" rating and a $46.00 price objective on the stock. Finally, Zacks Research downgraded shares of Photronics from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and two have issued a Hold rating to the company's stock. Based on data from MarketBeat, Photronics currently has an average rating of "Moderate Buy" and an average target price 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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