26,200 Shares in Photronics, Inc. $PLAB Acquired by Louisiana State Employees Retirement System

Louisiana State Employees Retirement System purchased a new stake in Photronics, Inc. (NASDAQ:PLAB) in the 1st quarter, according to its most recent filing with the SEC. The fund purchased 26,200 shares of the semiconductor company’s stock, valued at approximately $1,059,000.

Other large investors also recently made changes to their positions in the company. Russell Investments Group Ltd. boosted its holdings in shares of Photronics by 0.3% during the fourth quarter. Russell Investments Group Ltd. now owns 105,784 shares of the semiconductor company’s stock worth $3,385,000 after purchasing an additional 306 shares during the last quarter. Parkside Financial Bank & Trust increased its stake in Photronics by 16.2% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,624 shares of the semiconductor company’s stock valued at $84,000 after purchasing an additional 365 shares during the last quarter. Hantz Financial Services Inc. increased its stake in Photronics by 29.1% in the fourth quarter. Hantz Financial Services Inc. now owns 1,917 shares of the semiconductor company’s stock valued at $61,000 after purchasing an additional 432 shares during the last quarter. GAMMA Investing LLC lifted its position in Photronics by 21.9% during the fourth quarter. GAMMA Investing LLC now owns 2,609 shares of the semiconductor company’s stock worth $83,000 after buying an additional 469 shares during the period. Finally, Kendall Capital Management lifted its position in Photronics by 1.2% during the fourth quarter. Kendall Capital Management now owns 46,385 shares of the semiconductor company’s stock worth $1,484,000 after buying an additional 555 shares during the period. Hedge funds and other institutional investors own 88.38% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on PLAB. Zacks Research lowered Photronics from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 13th. Wall Street Zen lowered shares of Photronics from a “buy” rating to a “hold” rating in a report on Saturday, June 13th. Lake Street Capital reissued a “buy” rating and issued a $55.00 target price on shares of Photronics in a research report on Friday, May 1st. Weiss Ratings upgraded shares of Photronics from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, April 29th. Finally, Craig Hallum reaffirmed a “buy” rating on shares of Photronics in a research report on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus price target of $49.33.

Photronics Stock Performance

PLAB stock opened at $28.86 on Friday. The stock has a 50-day moving average price of $40.43 and a two-hundred day moving average price of $38.38. Photronics, Inc. has a 12-month low of $18.61 and a 12-month high of $56.00. The company has a market cap of $1.70 billion, a PE ratio of 10.53 and a beta of 1.37.

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

Insider Transactions at Photronics

In related news, CFO Eric Rivera sold 41,517 shares of the company’s stock in a transaction on Thursday, April 9th. The shares were sold at an average price of $44.00, for a total transaction of $1,826,748.00. Following the completion of the sale, the chief financial officer directly owned 136,173 shares of the company’s stock, valued at approximately $5,991,612. This represents a 23.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO George Macricostas sold 121,194 shares of the stock in a transaction on Wednesday, April 8th. The shares were sold at an average price of $42.94, for a total value of $5,204,070.36. Following the completion of the sale, the chief executive officer owned 334,068 shares of the company’s stock, valued at approximately $14,344,879.92. This represents a 26.62% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 306,144 shares of company stock valued at $13,469,859 in the last three months. 3.30% of the stock is owned by company insiders.

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.