PhotronicsPLAB
About: Photronics Inc is a U.S.-based company that is principally engaged in manufacturing photomasks. The photomasks are photographic quartz plates that contain microscopic images of electronic circuits that are used as a component in the manufacture of integrated circuits and flat-panel displays. The revenue from products designed for integrated circuits production accounts for the majority of total revenue, with the rest derived from products for flat-panel display production. The company's assets are located in Taiwan, Korea, and the United States. It generates revenue worldwide, including in the United States, Europe, Taiwan, Korea, China, and elsewhere in Asia, with Taiwan contributing the majority of total revenue.
Employees: 1,885
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
100% more funds holding in top 10
Funds holding in top 10: 1 [Q2] → 2 (+1) [Q3]
13% more repeat investments, than reductions
Existing positions increased: 98 | Existing positions reduced: 87
3% less capital invested
Capital invested by funds: $1.4B [Q2] → $1.36B (-$46.5M) [Q3]
3.31% less ownership
Funds ownership: 89.92% [Q2] → 86.6% (-3.31%) [Q3]
5% less funds holding
Funds holding: 272 [Q2] → 259 (-13) [Q3]
15% less first-time investments, than exits
New positions opened: 44 | Existing positions closed: 52
59% less call options, than puts
Call options by funds: $4.01M | Put options by funds: $9.77M
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
DA Davidson Thomas Diffely 20% 1-year accuracy 2 / 10 met price target | 42%upside $35 | Buy Maintained | 12 Dec 2024 |
Financial journalist opinion
Based on 6 articles about PLAB published over the past 30 days
