2 weeks Ago By ABMN Staff
Cerity Partners LLC lifted its holdings in shares of Photronics, Inc. ( NASDAQ:PLAB – Free Report ) by 9.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC).
The fund owned 9,314 shares of the semiconductor company’s stock after buying an additional 785 shares during the period. Cerity Partners LLC’s holdings in Photronics were worth $227,000 at the end of the most recent reporting period. Several other large investors also recently bought and sold shares of the business.
Smartleaf Asset Management LLC boosted its holdings in shares of Photronics by 216.5% during the 4th quarter. Smartleaf Asset Management LLC now owns 1,114 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 762 shares during the last quarter.
Federated Hermes Inc. purchased a new stake in Photronics in the fourth quarter worth approximately $47,000. Parkside Financial Bank & Trust grew its position in Photronics by 65.
6% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,283 shares of the semiconductor company’s stock worth $54,000 after purchasing an additional 904 shares during the period. GAMMA Investing LLC raised its stake in Photronics by 17.
6% during the 4th quarter. GAMMA Investing LLC now owns 3,448 shares of the semiconductor company’s stock valued at $81,000 after buying an additional 516 shares during the last quarter. Finally, KBC Group NV raised its stake in Photronics by 76.
8% during the 4th quarter. KBC Group NV now owns 3,467 shares of the semiconductor company’s stock valued at $82,000 after buying an additional 1,506 shares during the last quarter. 88.
38% of the stock is currently owned by institutional investors. Insider Activity In related news, Director Walter M. Fiederowicz sold 5,000 shares of Photronics stock in a transaction on Thursday, April 3rd.
The stock was sold at an average price of $19.16, for a total transaction of $95,800.00.
Following the transaction, the director now directly owns 24,548 shares in the company, valued at approximately $470,339.68. The trade was a 16.
92 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website . Also, CEO Kang Jyh Lee sold 10,000 shares of the company’s stock in a transaction dated Wednesday, March 5th.
The stock was sold at an average price of $20.90, for a total value of $209,000.00.
Following the completion of the sale, the chief executive officer now owns 552,100 shares of the company’s stock, valued at approximately $11,538,890. The trade was a 1.78 % decrease in their position.
The disclosure for this sale can be found here . Insiders sold a total of 44,548 shares of company stock valued at $877,093 in the last 90 days. Company insiders own 3.
20% of the company’s stock. Photronics Price Performance Photronics ( NASDAQ:PLAB – Get Free Report ) last posted its quarterly earnings data on Wednesday, February 26th. The semiconductor company reported $0.
52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.47 by $0.05.
Photronics had a net margin of 15.07% and a return on equity of 9.10%.
The company had revenue of $212.14 million for the quarter, compared to the consensus estimate of $210.00 million.
During the same quarter last year, the firm posted $0.48 earnings per share. Analysts expect that Photronics, Inc.
will post 2.3 EPS for the current fiscal year. Photronics Profile ( Free Report ) Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally.
It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. Further Reading Want to see what other hedge funds are holding PLAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Photronics, Inc.
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