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Trexquant Investment LP bought a new stake in Photronics, Inc. (NASDAQ:PLAB – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 10,417 shares of the semiconductor company’s stock, valued at approximately $269,000. Other hedge funds also recently added to or reduced their stakes […]
Hussman Strategic Advisors Inc. reduced its stake in shares of Photronics, Inc. (NASDAQ:PLAB – Free Report) by 75.0% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 62,000 shares of the semiconductor company’s stock after selling 186,000 shares […]
Photronics, Inc. (NASDAQ:PLAB – Get Free Report) saw a large increase in short interest during the month of August. As of August 31st, there was short interest totalling 2,470,000 shares, an increase of 24.7% from the August 15th total of 1,980,000 shares. Based on an average daily volume of 600,000 shares, the days-to-cover ratio is […]
StockNews.com downgraded shares of Photronics (NASDAQ:PLAB – Free Report) from a strong-buy rating to a buy rating in a report released on Thursday morning. Separately, Northland Securities lifted their price target on shares of Photronics from $18.00 to $21.00 in a report on Thursday, May 25th. Get Our Latest Research Report on PLAB Photronics Trading […]
Photronics (NASDAQ:PLAB – Get Free Report) updated its fourth quarter 2023 earnings guidance on Wednesday. The company provided earnings per share (EPS) guidance of $0.51-$0.59 for the period, compared to the consensus estimate of $0.54. The company issued revenue guidance of $222.00 million-$232.00 million, compared to the consensus revenue estimate of $231.00 million. Photronics also […]