2 days Ago By ABMN Staff
American Century Companies Inc. increased its position in shares of Photronics, Inc. ( NASDAQ:PLAB – Free Report ) by 12.
8% in the 2nd quarter, HoldingsChannel reports. The firm owned 1,684,647 shares of the semiconductor company’s stock after purchasing an additional 191,809 shares during the period. American Century Companies Inc.
’s holdings in Photronics were worth $41,560,000 as of its most recent filing with the Securities & Exchange Commission. A number of other hedge funds have also recently added to or reduced their stakes in PLAB. ICA Group Wealth Management LLC purchased a new position in shares of Photronics during the 4th quarter worth approximately $25,000.
Principal Securities Inc. acquired a new position in Photronics during the fourth quarter worth $57,000. Innealta Capital LLC purchased a new position in Photronics in the second quarter worth $75,000.
CWM LLC lifted its holdings in Photronics by 155.2% in the second quarter. CWM LLC now owns 3,294 shares of the semiconductor company’s stock valued at $81,000 after acquiring an additional 2,003 shares during the period.
Finally, Quest Partners LLC purchased a new stake in shares of Photronics during the 4th quarter worth $91,000. Institutional investors and hedge funds own 88.38% of the company’s stock.
Photronics Price Performance Shares of NASDAQ PLAB opened at $23.33 on Tuesday. The firm’s 50-day moving average is $24.
16 and its two-hundred day moving average is $26.22. Photronics, Inc.
has a 12-month low of $18.03 and a 12-month high of $34.16.
The company has a market capitalization of $1.48 billion, a PE ratio of 10.80 and a beta of 1.
40. Analyst Ratings Changes Separately, StockNews.com upgraded shares of Photronics from a “hold” rating to a “buy” rating in a report on Thursday, September 12th.
Read Our Latest Report on PLAB Photronics Profile ( Free Report ) Photronics, Inc, together with its subsidiaries, engages in the manufacture and sale of photomask products and services in the United States, Taiwan, China, Korea, Europe, and internationally. It offers photomasks that are used in the manufacture of integrated circuits and flat panel displays (FPDs); and to transfer circuit patterns onto semiconductor wafers, and FDP substrates. Further Reading Want to see what other hedge funds are holding PLAB? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Photronics, Inc. ( NASDAQ:PLAB – Free Report ). Receive News & Ratings for Photronics Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Photronics and related companies with MarketBeat.
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