Photronics, Inc. (NASDAQ:PLAB) CEO Peter S. Kirlin sold 2,500 shares of the firm’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $8.60, for a total value of $21,500.00. Following the completion of the sale, the chief executive officer now owns 147,495 shares of the company’s stock, valued at approximately $1,268,457. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Shares of Photronics, Inc. (NASDAQ PLAB) traded up $0.10 during mid-day trading on Thursday, hitting $8.75. The company’s stock had a trading volume of 310,498 shares, compared to its average volume of 414,600. The company has a debt-to-equity ratio of 0.07, a current ratio of 5.49 and a quick ratio of 5.20. Photronics, Inc. has a 52 week low of $7.55 and a 52 week high of $11.95. The company has a market cap of $593.85, a P/E ratio of 43.75, a P/E/G ratio of 2.15 and a beta of 0.55.

Photronics (NASDAQ:PLAB) last announced its quarterly earnings data on Wednesday, November 29th. The semiconductor company reported $0.08 EPS for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.02. Photronics had a return on equity of 1.55% and a net margin of 2.91%. The company had revenue of $121.00 million during the quarter, compared to the consensus estimate of $112.17 million. During the same quarter last year, the company earned $0.05 EPS. The company’s quarterly revenue was up 12.7% on a year-over-year basis. equities analysts expect that Photronics, Inc. will post 0.4 EPS for the current year.

A number of analysts have commented on the company. Zacks Investment Research upgraded Photronics from a “sell” rating to a “hold” rating in a research report on Tuesday, October 17th. BidaskClub downgraded Photronics from a “hold” rating to a “sell” rating in a research report on Tuesday, December 12th. Finally, DA Davidson reiterated a “buy” rating and issued a $13.00 price objective on shares of Photronics in a research report on Monday, November 27th.

Institutional investors have recently bought and sold shares of the stock. Federated Investors Inc. PA lifted its position in shares of Photronics by 61.9% during the 2nd quarter. Federated Investors Inc. PA now owns 10,991 shares of the semiconductor company’s stock worth $103,000 after buying an additional 4,203 shares during the period. Group One Trading L.P. lifted its position in shares of Photronics by 90.8% during the 3rd quarter. Group One Trading L.P. now owns 11,977 shares of the semiconductor company’s stock worth $106,000 after buying an additional 5,700 shares during the period. Emerald Mutual Fund Advisers Trust bought a new position in shares of Photronics during the 3rd quarter worth approximately $114,000. Wolverine Trading LLC bought a new position in shares of Photronics during the 3rd quarter worth approximately $117,000. Finally, BNP Paribas Arbitrage SA lifted its position in shares of Photronics by 78.4% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 13,302 shares of the semiconductor company’s stock worth $125,000 after buying an additional 5,844 shares during the period. Institutional investors and hedge funds own 94.65% of the company’s stock.

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Photronics Company Profile

Photronics, Inc is a manufacturer of photomasks, which are photographic quartz plates containing microscopic images of electronic circuits. As of October 30, 2016, the Company operated principally from nine manufacturing facilities: two located in Europe, three in Taiwan, one in Korea and three in the United States.

Insider Buying and Selling by Quarter for Photronics (NASDAQ:PLAB)

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