The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Photronics, Inc shares valued at $216,000 were sold by Lee Kang Jyh on Mar 26 ’25. At $21.60 per share, Lee Kang Jyh sold 10,000 shares. The insider’s holdings dropped to 532,100 shares worth approximately $9.59 million following the completion of this transaction.
Also, Lee Kang Jyh sold 10,000 shares, netting a total of over 216,000 in proceeds. Following the sale of shares at $21.60 each, the insider now holds 542,100 shares.
Before that, FIEDEROWICZ WALTER M had sold 7,548 shares from its account. In a trade valued at $134,890, the Former Director traded Photronics, Inc shares for $17.87 each. Upon closing the transaction, the insider’s holdings decreased to 7,548 shares, worth approximately $0.18 million.
As published in a research note from Northland Capital on May 22, 2023, Photronics, Inc [PLAB] has been rated down from an Outperform to a Market perform. Analysts at Stifel upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in mid April. As of February 25, 2021, Stifel has decreased its “Buy” rating to a “Hold” for PLAB. Earlier on September 11, 2020, Stifel upgraded its rating. Their new recommendation was “a Buy” for PLAB stock which previously was a “a Hold”.
Analyzing PLAB Stock Performance
During the last five days, there has been a surge of approximately 6.38%. Over the course of the year, Photronics, Inc shares have dropped approximately -23.51%. Shares of the company reached a 52-week high of $25.36 on 01/07/25 and a 52-week low of $16.46 on 04/07/25.
Support And Resistance Levels for Photronics, Inc (PLAB)
According to the 24-hour chart, there is a support level at 17.80, which, if violated, would cause prices to drop to 17.57. In the upper region, resistance lies at 18.14. The next price resistance is at 18.26. RSI (Relative Strength Index) is 43.72 on the 14-day chart, showing neutral technical sentiment.
