Traders should view this as a negative signal, particularly given the scale of selling by multiple insiders including the CFO and a key operations executive. While not yet at the >2% of market cap threshold for extreme concern, the concentration of selling among senior figures warrants caution ahead of next earnings or any downward revisions.
Price Chart
Executive Summary
Six corporate insiders at Photronics sold a total of $3.99 million in shares over a 7-day period, including significant open-market sales by directors and executives. The largest sale was by Director Macricostas Constantine S, who sold 50,000 shares for $2.27 million, representing over half of the cluster's total value.
Key Financial Metrics
Key Facts
- Total insider selling amounted to $3.99 million over 7 days
- Net direction is clearly selling; no open-market purchases occurred
- 50,000 shares sold by Director Macricostas Constantine S accounted for $2.27 million of the total
- CFO Rivera Eric and SVP Wang Hsueh-Chun also participated in sales
- Multiple non-cash grant/award/exercise transactions occurred but do not affect net cash value
- Total value represents ~0.15% of the company's $2.7B market cap
Financial Impact
$3.99 million in insider selling over 7 days, with $3.64 million from open-market sales and $350K from derivative exercises and tax-related dispositions
Risk Factors
- Perception of lack of confidence in near-term prospects by key insiders
- Potential for follow-on selling or broader market skepticism
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-1776467686891 |
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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