Photronics CEO Lee Kang Jyh sold 20,000 shares for $505,400.00 at blended average $25.27 on 2024-12-19
CEO Lee Kang Jyh executed 2 separate sales totaling 20,000 shares for $505,400.00 on December 19, 2024, at an average price of $25.27 per share. Post-transaction, he retains 554,600 shares, representing a -3.5% reduction from prior holdings of 574,600 shares. The sales occurred when the stock traded around $25.25–$25.29, compared to the current price of $24.04, placing the transaction at a premium to present levels. The company's fundamentals show stable profitability with net income of $34,388,000.00 on revenue of $210,984,000.00 in the latest quarter, though annual revenue has contracted -2.8% year-over-year, and the stock trades at a modest P/E of 10.36. The transaction's modest scale relative to his substantial remaining position offers limited insight into directional conviction.