Lee Kang Jyh, a director at , sold a total of 20,000 shares of the company’s common stock on April 16, 2026. These transactions amounted to a total value of $918,500.
The shares were sold at prices ranging from $45.80 to $46.05 per share. The insider sale comes as PLAB trades near its 52-week high of $49.62, with the stock delivering a 179% return over the past year. According to InvestingPro analysis, the stock currently appears overvalued relative to its Fair Value. Following these sales, Lee Kang Jyh directly owns 355,850 shares of Photronics common stock.For deeper insights into PLAB’s valuation and performance metrics, investors can access the comprehensive Pro Research Report, available for this and 1,400+ other US equities on InvestingPro.
In other recent news, Photronics Inc. reported its fiscal Q1 2026 earnings, which exceeded analyst expectations. The company achieved an earnings per share of $0.61, surpassing the forecasted $0.5267, representing a 15.82% surprise. Revenue also outperformed estimates, reaching $225.07 million compared to the anticipated $220.83 million, marking a 1.92% increase. In addition to these financial results, Photronics announced the installation of a new mask writer at its Korea facility, planned for fiscal Q2 2026. This equipment aims to enhance the production of AMOLED photomasks, improving resolution and stability. Meanwhile, Craig-Hallum raised its price target for Photronics shares to $48 from $42, maintaining a Buy rating. This adjustment reflects the company’s strategic positioning as semiconductor manufacturers move towards outsourced photomask production. Furthermore, during its recent annual meeting, Photronics shareholders elected eight directors and approved the auditor and executive pay.
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