Meros Investment Management Sold 396,804 Shares of Photronics Stock

1 week ago 13

John Ballard, The Motley Fool

Thu, March 5, 2026 astatine 7:51 AM CST 3 min read

On Feb. 13, 2026, Meros Investment Management, LP disclosed successful a U.S. Securities and Exchange Commission (SEC) filing that it sold 396,804 shares of Photronics (NASDAQ:PLAB) successful the 4th fourth of 2025.

In a recent SEC filing dated Feb. 13, 2026, Meros Investment Management, LP, reported selling 396,804 shares of Photronics (NASDAQ:PLAB). The estimated transaction worth was astir $10 million, based connected the 4th quarter’s mean trading price. Following the sale, the fund’s holdings were reduced to 108,004 shares, valued astatine $3.4 cardinal astatine the extremity of the 4th quarter. The merchantability reduced the fund’s presumption by $8.1 million, including some trading and changes successful stock price.

This simplification moves Photronics to 1.4% of Meros Investment Management, LP’s 13F AUM, extracurricular the fund’s apical 5 positions.
Top holdings aft this filing:
- NYSE: DCO: ~$16.6 cardinal (~6.6% of AUM)
- NASDAQ: MGNI: ~$13.4 cardinal (~5.3% of AUM)
- NYSE: THR: ~$12.6 cardinal (~5.0% of AUM)
- NYSE: NVRI: ~$11.5 cardinal (~4.6% of AUM)
- NASDAQ: AMPL: ~$9.9 cardinal (~3.9% of AUM)
As of Feb. 16, 2026, Photronics’ shares were priced astatine $38.80, up 74.2% implicit the past twelvemonth and outperforming the S&P 500 by 62.4 percent points.

Metric

Value

Price (as of marketplace adjacent 2/13/26)	$38.80
Market capitalization	$2.29 billion
Revenue (TTM)	$862 million
Net income (TTM)	$192 million

Manufactures and sells photomask products utilized successful the accumulation of integrated circuits and level sheet displays.
Generates gross by providing indispensable photomask solutions to semiconductor and electronics manufacturers worldwide.
Serves semiconductor foundries, show manufacturers, and high-performance electronics producers crossed the United States, Asia, and Europe.

Photronics is simply a starring supplier of photomasks, a captious constituent successful semiconductor and show manufacturing. The institution leverages planetary operations and method expertise to enactment precocious electronics accumulation for a diversified lawsuit base. Its standard and specialization successful photomask exertion supply a competitory borderline successful the high-growth semiconductor proviso chain.

Meros made respective moves successful the 4th that bespeak classical worth investing decisions. The steadfast reduced its involvement successful 2 of its apical holdings, including Photronics and Thermon. Both of these stocks outperformed the marketplace importantly implicit the past year.

Photronics skyrocketed toward the extremity of the twelvemonth aft delivering beardown fiscal results. Meros took this arsenic an accidental to fastener successful gains.

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