Caxton Associates LLP Decreases Stock Position in Photronics, Inc. $PLAB

Caxton Associates LLP lowered its stake in Photronics, Inc. (NASDAQ:PLAB) by 51.8% in the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 23,356 shares of the semiconductor company’s stock after selling 25,124 shares during the quarter. Caxton Associates LLP’s holdings in Photronics were worth $944,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in PLAB. Torren Management LLC bought a new position in shares of Photronics in the fourth quarter worth approximately $26,000. Larson Financial Group LLC bought a new stake in Photronics during the 3rd quarter valued at $28,000. First Horizon Corp purchased a new stake in Photronics during the 1st quarter valued at $33,000. Quarry LP grew its holdings in Photronics by 569.8% in the 4th quarter. Quarry LP now owns 1,353 shares of the semiconductor company’s stock worth $43,000 after acquiring an additional 1,151 shares during the last quarter. Finally, Global Retirement Partners LLC grew its holdings in Photronics by 723.8% in the 4th quarter. Global Retirement Partners LLC now owns 1,417 shares of the semiconductor company’s stock worth $45,000 after acquiring an additional 1,245 shares during the last quarter. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Wall Street Zen downgraded shares of Photronics from a “buy” rating to a “hold” rating in a research note on Saturday, June 13th. Weiss Ratings raised Photronics from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, April 29th. Craig Hallum restated a “buy” rating on shares of Photronics in a report on Friday, May 29th. Lake Street Capital reaffirmed a “buy” rating and set a $55.00 price target on shares of Photronics in a research report on Friday, May 1st. Finally, Freedom Capital upgraded Photronics to a “strong-buy” rating in a report on Thursday, July 2nd. Two analysts have rated the stock with a Strong Buy rating, three have assigned a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat.com, Photronics has an average rating of “Buy” and an average target price of $49.33.

More Photronics News

Here are the key news stories impacting Photronics this week:

• Negative Sentiment: Multiple law firms issued investor alerts and reminders about a securities class action against Photronics, with deadlines for shareholders who bought shares between December 10, 2025 and May 27, 2026 to seek lead-plaintiff status by September 4, 2026. Article Title
• Negative Sentiment: Hagens Berman said it is investigating Photronics in connection with allegations that the company misled investors about demand and outlook for its high-end IC photomask line, reinforcing concerns tied to the lawsuit. Article Title
• Neutral Sentiment: Several additional firms, including Rosen, Faruqi & Faruqi, Johnson Fistel, Pomerantz, Bernstein Liebhard, and others, published similar notices about the same class action, increasing headline noise but not adding new operational information for the company. Article Title
• Neutral Sentiment: An MSN piece on whether PLAB is a buy, sell, or hold after Q1 earnings may influence sentiment, but it does not appear to add fresh company-specific news. Article Title

Photronics Stock Performance

Shares of Photronics stock opened at $30.33 on Monday. Photronics, Inc. has a 12-month low of $19.26 and a 12-month high of $56.00. The company has a market cap of $1.79 billion, a P/E ratio of 11.07 and a beta of 1.37. The company’s fifty day simple moving average is $33.93 and its two-hundred day simple moving average is $37.98.

Photronics (NASDAQ:PLAB) last announced its earnings results on Thursday, May 28th. The semiconductor company reported $0.42 earnings per share for the quarter, missing analysts’ consensus estimates of $0.53 by ($0.11). Photronics had a net margin of 18.47% and a return on equity of 7.69%. The company had revenue of $209.94 million for the quarter, compared to the consensus estimate of $216.47 million. During the same period in the previous year, the firm posted $0.40 EPS. The company’s revenue for the quarter was down .5% on a year-over-year basis. Photronics has set its Q3 2026 guidance at 0.390-0.450 EPS.

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.