On December 20, 2024, Kang Lee, the Chief Executive Officer of Photronics Inc, sold 8,750 shares of the company. Following this transaction, the insider now owns 545,850 shares of Photronics Inc.
Photronics Inc (PLAB, Financial) is a company that specializes in the production of photomasks, which are high-precision quartz plates that contain microscopic images of electronic circuits. These photomasks are essential components in the manufacturing of semiconductors and flat panel displays.
The insider transaction history for Photronics Inc indicates that there have been no insider buys over the past year. However, there have been four insider sells during the same period. Over the past year, Kang Lee has sold a total of 28,750 shares and has not purchased any shares.
On the day of the recent sale, shares of Photronics Inc were trading at $24.33, giving the stock a market cap of $1.51 billion. The company's price-earnings ratio is 11.41, which is lower than the industry median of 32.84 and also lower than the company’s historical median price-earnings ratio.
With a trading price of $24.33 and a GF Value of $22.90, Photronics Inc has a price-to-GF-Value ratio of 1.06, indicating that the stock is fairly valued based on its GF Value. The GF Value is an intrinsic value estimate developed by GuruFocus, calculated based on historical multiples, a GuruFocus adjustment factor, and future estimates of business performance from Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
