Investment Advisor Trims Small-Cap Tech Stock Position by $2.5 Million, According to Recent SEC Filing Meros Investment Management, LP disclosed on May 14, 2026, that it sold 70,437 shares of Photronics (NASDAQ:PLAB), an estimated $2.55 million trade based on the quarterly…
erage price. What happened According to a Securities and Exchange Commission (SEC) filing dated May 14, 2026, Meros Investment Management, LP reduced its holdings in Photronics by 70,437 shares during the first quarter of 2026
The estimated value of the shares sold was $2.55 million, based on the average quarterly closing price. The net value of the position declined by $1.94 million over the period, reflecting both trading activity and stock price changes. What else to know Meros trimmed its PLAB stake, which now represents 0.66% of 13F AUM after the filing.
Top holdings after the filing: – NYSE: DCO: $15.64 million (6.8% of AUM) – NYSE: WTTR: $13.98 million (6.1% of AUM) – NYSE: NVRI: $12.28 million (5.3% of AUM) – NYSE: THR: $12.17 million (5.3% of AUM) – NASDAQ: MGNI: $11.79 million (5.1% of AUM) As of May 13, 2026, Photronics shares were priced at $51.86, up 147.8% over the past year, outperforming the S&P 500 by 121.32 percentage points. Company Overview Company Snapshot – Manufactures and sells photomask products used in the production of integrated circuits and flat panel displays, serving the global semiconductor and electronics industries. – Generates revenue by supplying critical photomasks that enable the transfer of circuit patterns onto semiconductor wafers and display substrates, supporting advanced electronics manufacturing. – Primary customers include semiconductor manufacturers, foundries, flat panel display producers, and high-performance electronics companies worldwide. Photronics is a leading supplier of photomasks, essential components in semiconductor and display fabrication.