On February 13, 2026, Miros Investment Management, LP disclosed in a US Securities and Exchange Commission (SEC) filing that it sold 396,804 shares. Photonics (NASDAQ:PLAB) In the fourth quarter of 2025.
In a recent SEC filing on February 13th, 2026, Miros Investment Management, LP reported a sale of 396,804 shares. Photonics (NASDAQ:PLAB). The estimated value of the transaction was approximately $10 million, based on the average trading price of the fourth quarter. Following the sale, the fund’s holdings were reduced to 108,004 shares at the end of the fourth quarter, valued at $3.4 million. The sale reduced the fund’s position to $8.1 million, including trading and share price changes.
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That decline moves Phototronics to 1.4% of Miros Investment Management, LP’s 13F AUM, outside the fund’s top five positions.
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Top properties after this filing:
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NYSE: DCO: ~$16.6 million (~6.6% AUM)
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NASDAQ: MGNI: ~$13.4M (~5.3% AUM)
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NYSE: THR: ~$12.6 million (~5.0% AUM)
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NYSE: NVRI: ~$11.5 million (~4.6% AUM)
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NASDAQ: AMPL: ~$9.9 million (~3.9% AUM)
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As of February 16, 2026, Phototronics shares were priced at $38.80, up 74.2% from last year and outperforming the S&P 500 by 62.4 percentage points.
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Matric |
value |
|---|---|
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Price (as of market close 2/13/26) |
$38.80 |
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Market capitalization |
2.29 billion dollars |
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Revenue (TTM) |
862 million dollars |
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net income (TTM) |
192 million dollars |
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Manufactures and sells photomask products used in the production of integrated circuits and flat panel designs.
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Generates revenue by providing integral photomask solutions for semiconductor and electronics manufacturers worldwide.
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Serving semiconductor foundries, display manufacturers, and high-performance electronics manufacturers in the United States, Asia, and Europe.
Phototronics is a leading supplier of photomasks, a critical component in semiconductor and design manufacturing. The company uses global operations and technical expertise to support advanced electronics manufacturing for a diverse customer base. Its scale and expertise in photomask technology provide a competitive edge in the high-growth semiconductor supply chain.
Meros made several moves in the quarter that reflect classic value investing decisions. The company reduced its holdings in two of its top holdings, including Phototronics and Thermon. Both of these stocks have made significant market gains over the past year.
Phototronics ended the year after delivering strong financial results. Miros took this as an opportunity to stop the gains.
