Monitor upcoming earnings and guidance for signs of weakening fundamentals; the concentration of sales among directors and the CFO raises caution, especially given the material size relative to recent trading volume. Consider this a warning signal ahead of next quarter's report.
Price Chart
Executive Summary
Four insiders at Photronics sold a combined $3.64M in shares over a 7-day period, including significant open-market sales by two directors and the CFO. The largest sale came from Director Macricostas, who disposed of $2.27M worth of stock, representing over 60% of the cluster's total value.
Key Financial Metrics
Key Facts
- Four insiders sold $3.64M in PLAB stock over 7 days
- Net direction is selling with no offsetting purchases
- Director Macricostas sold $2.27M (50K shares), the largest single transaction
- CFO Rivera sold $45K (1K shares), signaling participation from C-suite
- All transactions were open-market sales (codes S), not non-cash events
Financial Impact
$3.64M in insider sales over 7 days, representing 0.13% of $2.9B market cap
Risk Factors
- Erosion of insider ownership may reduce alignment with shareholders
- Pattern of coordinated selling could signal lack of confidence in near-term prospects
- Potential for negative market perception given size and participation of CFO
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-PLAB-1776733726987 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 1, 2026 25d ago | Insider Cluster | $31.49 | awaiting T+60 | — | $27.87 (+11.50%) |
Oct 1, 2026 25d ago | Insider Cluster | $31.49 | awaiting T+60 | — | $27.87 (+11.50%) |
Sep 29, 2026 27d ago | Insider Cluster | $30.78 | awaiting T+60 | — | $27.87 (+9.45%) |
Aug 26, 2026 8w ago | 8-K | $30.25 | awaiting T+60 | — | $27.87 (−7.87%) |
Aug 12, 2026 10w ago | Press Release | $33.48 | awaiting T+60 | — | $27.87 (−16.76%) |
May 28, 2026 21w ago | 8-K | $34.02 $30.51 | ▲ +10.32% | ▲ +12.05% | $27.87 (+18.08%) |
May 14, 2026 23w ago | Press Release | $50.02 $32.99 | ▼ −34.05% | ▼ −38.56% | $27.87 (−44.28%) |
May 13, 2026 23w ago | Press Release | $51.86 $32.65 | ▼ −37.04% | ▼ −41.48% | $27.87 (−46.26%) |
Apr 17, 2026 27w ago | 144 | $48.38 $29.47 | ▼ −39.09% | ▼ −45.23% | $27.87 (−42.39%) |
Apr 13, 2026 28w ago | Insider Cluster | $45.71 $29.90 | ▲ +34.59% | ▲ +43.30% | $27.87 (+39.03%) |
US Market Status
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