{
  "id": 10830950,
  "title": "Photronics SVP & GM Park Han Kyung sells $288,515 in shares",
  "url": "https://urgent.news/2026/09/30/photronics-svp-gm-park-han-kyung-sells-288-515-in-shares",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-09-30T01:45:57.000Z",
  "source": {
    "name": "Investing.com",
    "slug": "investing-com",
    "url": "https://www.investing.com/news/insider-trading-news/photronics-svp--gm-park-han-kyung-sells-288515-in-shares-93CH-4923998"
  },
  "original_language": "en",
  "account": "Park Han Kyung, Senior Vice President and General Manager of FPD Operations at Photronics Inc., divested 9,500 shares of the company's common stock on September 25, 2026. The sale of these shares was valued at $288,515, with each share being sold for $30.37. As a result of this transaction, Mr. Park currently holds 66,000 shares of Photronics common stock. This insider sale occurred as Photronics shares traded close to $31.07, having generated a 35% return over the past year. The company's shares are currently priced at a P/E ratio of 10.92, indicating potential undervaluation according to InvestingPro. Additionally, InvestingPro provides ten exclusive tips for PLAB, along with comprehensive Pro Research Reports on 1,400+ US stocks, offering actionable intelligence for informed investment decisions. Photronics reported impressive results in its fiscal third-quarter, with revenue increasing by 3% year-over-year to $216 million, surpassing management's high-end projections. This growth was fueled by a surge in semiconductor design releases and heightened demand for high-end chip masks. Diluted GAAP earnings for the quarter were $0.49 per share, while non-GAAP earnings reached $0.50 per share. Notably, high-end integrated circuit (IC) revenue constituted a record 44% of IC sales, signaling a shift towards advanced chip designs. Gross margins expanded to 33%, driven by a favorable product mix and operating leverage. The company generated robust operating cash flow of $76 million, accounting for 35% of its revenue. Photronics also adjusted its fiscal 2026 capital spending guidance, narrowing it to a range of $255 million to $305 million, primarily due to shifts in tool delivery timing and customer orders. These developments reflect a recovery from prior delays and a strategic emphasis on high-value products. This report was produced with AI assistance and reviewed by an editor, providing additional context in the Terms and Conditions.",
  "summary": null,
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "Revolution Medicines SVP Cislini sells $158,599 in shares",
        "url": "https://urgent.news/2026/09/29/revolution-medicines-svp-cislini-sells-158-599-in-shares",
        "published": "2026-09-29T23:30:57.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}