Craig Hallum initates Photronics, Inc (PLAB) stock to a Buy

Photronics, Inc’s recently made public that its CHIEF EXECUTIVE OFFICER Lee Kang Jyh unloaded Company’s shares for reported $0.22 million on Mar 26 ’25. In the deal valued at $21.60 per share,10,000 shares were sold. As a result of this transaction, Lee Kang Jyh now holds 532,100 shares worth roughly $9.77 million.

Then, Lee Kang Jyh sold 10,000 shares, generating $216,000 in total proceeds. Upon selling the shares at $21.60, the CHIEF EXECUTIVE OFFICER now owns 542,100 shares.

Before that, FIEDEROWICZ WALTER M sold 7,548 shares. Photronics, Inc shares valued at $134,890 were divested by the Former Director at a price of $17.87 per share. As a result of the transaction, FIEDEROWICZ WALTER M now holds 10,000 shares, worth roughly $0.18 million.

Craig Hallum initiated its Photronics, Inc [PLAB] rating to a Buy in a research note published on June 11, 2025; the price target was $32. A number of analysts have revised their coverage, including Northland Capital’s analysts, who decreased its forecast for the stock in late May from “an Outperform” to “a Market perform”. Stifel also remained covering PLAB and has increased its forecast on April 11, 2022 with a “Buy” recommendation from previously “Hold” rating. Stifel revised its rating on February 25, 2021. It rated PLAB as “a Hold” which previously was an “a Buy”.

Price Performance Review of PLAB

On Friday, Photronics, Inc [NASDAQ:PLAB] saw its stock fall -3.67% to $18.36. Over the last five days, the stock has gained 1.38%. Photronics, Inc shares have fallen nearly -22.07% since the year began. Nevertheless, the stocks have fallen -29.33% over the past one year. While a 52-week high of $31.60 was reached on 01/07/25, a 52-week low of $16.46 was recorded on 04/07/25.

Levels Of Support And Resistance For PLAB Stock

The 24-hour chart illustrates a support level at 18.13, which if violated will result in even more drops to 17.90. On the upside, there is a resistance level at 18.70. A further resistance level may holdings at 19.03.

How much short interest is there in Photronics, Inc?

A steep rise in short interest was recorded in Photronics, Inc stocks on 2025-05-30, dropping by -0.45 million shares to a total of 2.76 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-30 was 3.21 million shares. There was a decline of -16.39%, which implies that there is a negative sentiment for the stock.

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