Photronics, Inc. $PLAB Shares Sold by UBS Group AG

UBS Group AG reduced its position in Photronics, Inc. (NASDAQ:PLAB) by 55.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 143,406 shares of the semiconductor company’s stock after selling 178,872 shares during the period. UBS Group AG owned about 0.24% of Photronics worth $4,589,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Larson Financial Group LLC acquired a new position in shares of Photronics in the 3rd quarter valued at $28,000. Hantz Financial Services Inc. lifted its stake in shares of 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 period. Central Pacific Bank Trust Division acquired a new position in Photronics during the fourth quarter worth $55,000. Wexford Capital LP acquired a new position in Photronics during the third quarter worth $62,000. Finally, State of Wyoming acquired a new position in Photronics during the third quarter worth $73,000. 88.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Photronics

In other news, CAO Rui Zhang sold 4,556 shares of the company’s stock in a transaction on Friday, April 17th. The shares were sold at an average price of $46.70, for a total transaction of $212,765.20. Following the completion of the sale, the chief accounting officer owned 27,079 shares of the company’s stock, valued at $1,264,589.30. This represents a 14.40% 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. Also, COO Hsueh-Chun Wang sold 19,250 shares of the company’s stock in a transaction on Tuesday, April 14th. The stock was sold at an average price of $45.30, for a total transaction of $872,025.00. Following the sale, the chief operating officer directly owned 113,560 shares of the company’s stock, valued at $5,144,268. The trade was a 14.49% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 346,144 shares of company stock valued at $15,061,759. 3.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on the stock. Wall Street Zen upgraded shares of Photronics from a “buy” rating to a “strong-buy” rating in a research report on Saturday, March 14th. Zacks Research cut shares of Photronics from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 13th. Weiss Ratings upgraded shares of Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, April 29th. Lake Street Capital restated a “buy” rating and set a $55.00 price objective on shares of Photronics in a research report on Friday, May 1st. Finally, 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. One investment 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. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $49.33.

Photronics Stock Performance

NASDAQ:PLAB opened at $51.46 on Friday. The company has a fifty day moving average of $45.11 and a two-hundred day moving average of $36.38. The stock has a market capitalization of $3.03 billion, a PE ratio of 21.90 and a beta of 1.51. Photronics, Inc. has a fifty-two week low of $16.59 and a fifty-two week high of $56.00.

Photronics (NASDAQ:PLAB) last posted its quarterly earnings data on Wednesday, February 25th. The semiconductor company reported $0.61 earnings per share 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 analysts’ expectations of $220.09 million. During the same period in the prior year, the business posted $0.52 earnings per share. The firm’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. Research analysts forecast that Photronics, Inc. will post 2.35 earnings per share for the current year.

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.