Photronics (NASDAQ:PLAB) SVP Han Kyung Park Sells 13,750 Shares

by · The Cerbat Gem

Photronics, Inc. (NASDAQ:PLAB – Get Free Report) SVP Han Kyung Park sold 13,750 shares of the company’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $37.99, for a total transaction of $522,362.50. Following the sale, the senior vice president directly owned 89,250 shares of the company’s stock, valued at approximately $3,390,607.50. This represents a 13.35% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink.

Photronics Price Performance

Shares of Photronics stock opened at $34.36 on Wednesday. Photronics, Inc. has a 1-year low of $16.46 and a 1-year high of $39.80. The stock has a market cap of $2.03 billion, a P/E ratio of 15.00 and a beta of 1.54. The stock’s 50 day simple moving average is $24.39 and its 200-day simple moving average is $22.10.

Photronics (NASDAQ:PLAB – Get Free Report) last issued its earnings results on Wednesday, December 10th. The semiconductor company reported $0.60 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.13. Photronics had a return on equity of 7.87% and a net margin of 16.06%.The business had revenue of $215.77 million during the quarter, compared to the consensus estimate of $204.54 million. During the same period last year, the company earned $0.59 EPS. The company’s revenue for the quarter was down 3.1% on a year-over-year basis. Photronics has set its Q1 2026 guidance at 0.510-0.590 EPS. As a group, research analysts expect that Photronics, Inc. will post 2.3 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the company. Craig Hallum lifted their price objective on Photronics from $36.00 to $42.00 and gave the company a “buy” rating in a research note on Thursday, December 11th. Zacks Research downgraded Photronics from a “strong-buy” rating to a “hold” rating in a research report on Thursday, November 13th. Wall Street Zen raised shares of Photronics from a “hold” rating to a “buy” rating in a research report on Saturday, September 13th. Singular Research raised shares of Photronics to a “strong-buy” rating in a research note on Thursday, September 4th. Finally, DA Davidson boosted their price target on shares of Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a research note on Thursday, December 11th. One analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $43.50.

View Our Latest Stock Report on Photronics

Hedge Funds Weigh In On Photronics

Hedge funds have recently added to or reduced their stakes in the stock. Larson Financial Group LLC purchased a new position in shares of Photronics in the 3rd quarter valued at $28,000. Hantz Financial Services Inc. raised its position in Photronics by 673.4% in the 3rd quarter. Hantz Financial Services Inc. now owns 1,485 shares of the semiconductor company’s stock valued at $34,000 after purchasing an additional 1,293 shares during the last quarter. Byrne Asset Management LLC acquired a new stake in Photronics during the 2nd quarter worth $40,000. Wexford Capital LP acquired a new stake in Photronics during the 3rd quarter worth $62,000. Finally, State of Wyoming purchased a new position in Photronics during the 3rd quarter worth $73,000. 88.38% of the stock is currently owned by hedge funds and other institutional investors.

About Photronics

(Get Free Report)

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.

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