Public Sector Pension Investment Board Purchases 17,943 Shares of Photronics, Inc. $PLAB

Public Sector Pension Investment Board raised its position in Photronics, Inc. (NASDAQ:PLAB) by 8.3% in the third quarter, HoldingsChannel.com reports. The fund owned 234,603 shares of the semiconductor company’s stock after purchasing an additional 17,943 shares during the quarter. Public Sector Pension Investment Board’s holdings in Photronics were worth $5,384,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. lifted its stake 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. Newbridge Financial Services Group Inc. increased its position in Photronics by 336.4% during the second quarter. Newbridge Financial Services Group Inc. now owns 3,600 shares of the semiconductor company’s stock worth $68,000 after buying an additional 2,775 shares during the last quarter. State of Wyoming bought a new stake in Photronics in the third quarter valued at approximately $73,000. Tower Research Capital LLC TRC lifted its position in shares of Photronics by 424.0% in the second quarter. Tower Research Capital LLC TRC now owns 8,363 shares of the semiconductor company’s stock valued at $157,000 after buying an additional 6,767 shares during the last quarter. Finally, Osaic Holdings Inc. lifted its position in shares of Photronics by 24.2% in the second quarter. Osaic Holdings Inc. now owns 8,715 shares of the semiconductor company’s stock valued at $164,000 after buying an additional 1,698 shares during the last quarter. 88.38% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on PLAB shares. Craig Hallum boosted their target price on Photronics from $36.00 to $42.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Photronics in a report on Monday, December 29th. Zacks Research lowered shares of Photronics from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, February 10th. Finally, DA Davidson lifted their target price on shares of Photronics from $30.00 to $45.00 and gave the stock a “buy” rating in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $43.50.

Photronics Stock Performance

Shares of Photronics stock opened at $37.25 on Friday. The firm has a 50-day moving average of $34.95 and a 200-day moving average of $27.18. Photronics, Inc. has a 52-week low of $16.46 and a 52-week high of $39.80. The stock has a market cap of $2.20 billion, a PE ratio of 16.27 and a beta of 1.52.

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

Insider Buying and Selling at Photronics

In other Photronics news, SVP Han Kyung Park sold 6,250 shares of Photronics stock in a transaction on Friday, January 16th. The stock was sold at an average price of $34.89, for a total value of $218,062.50. Following the completion of the transaction, the senior vice president directly owned 75,500 shares of the company’s stock, valued at $2,634,195. The trade was a 7.65% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Kang Jyh Lee sold 10,000 shares of the stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $34.13, for a total value of $341,300.00. Following the sale, the director directly owned 410,850 shares in the company, valued at approximately $14,022,310.50. This trade represents a 2.38% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 181,250 shares of company stock valued at $6,317,150 in the last three months. Corporate insiders own 3.20% of the company’s stock.

Photronics 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.