Investment Advisor Trims Small-Cap Tech Stock Position by $2.5 Million, According to Recent SEC Filing

Meros Investment Management, LP disclosed connected May 14, 2026, that it sold 70,437 shares of Photronics (NASDAQ:PLAB), an estimated $2.55 cardinal commercialized based connected the quarterly mean price.

What happened

According to a Securities and Exchange Commission (SEC) filing dated May 14, 2026, Meros Investment Management, LP reduced its holdings successful Photronics by 70,437 shares during the archetypal 4th of 2026. The estimated worth of the shares sold was $2.55 million, based connected the mean quarterly closing price. The nett worth of the presumption declined by $1.94 cardinal implicit the period, reflecting some trading enactment and banal terms changes.

What other to cognize

Meros trimmed its PLAB stake, which present represents 0.66% of 13F AUM aft the filing.

Top holdings aft the filing:

• NYSE: DCO: $15.64 cardinal (6.8% of AUM)

• NYSE: WTTR: $13.98 cardinal (6.1% of AUM)

• NYSE: NVRI: $12.28 cardinal (5.3% of AUM)

• NYSE: THR: $12.17 cardinal (5.3% of AUM)

• NASDAQ: MGNI: $11.79 cardinal (5.1% of AUM)

As of May 13, 2026, Photronics shares were priced astatine $51.86, up 147.8% implicit the past year, outperforming the S&P 500 by 121.32 percent points.

Company Overview

Company Snapshot

• Manufactures and sells photomask products utilized successful the accumulation of integrated circuits and level sheet displays, serving the planetary semiconductor and electronics industries.

• Generates gross by supplying captious photomasks that alteration the transportation of circuit patterns onto semiconductor wafers and show substrates, supporting precocious electronics manufacturing.

• Primary customers see semiconductor manufacturers, foundries, level sheet show producers, and high-performance electronics companies worldwide.

Photronics is simply a starring supplier of photomasks, indispensable components successful semiconductor and show fabrication. With a planetary footprint and a absorption connected technology-driven manufacturing, the institution supports large electronics and spot producers crossed aggregate regions.

What this transaction means for investors

Meros Investment Management, a Texas-based concern advisor, precocious disclosed the merchantability of astir 70,000 shares of Photronics stock, valued astatine astir $2.5 million, during the archetypal 4th (the 3 months ended March 31, 2026). Here are immoderate cardinal takeaways for investors.

First, Photronics has performed precise good recently. Over the past 9 months alone, shares person skyrocketed by astir 131%. That’s acold amended than the S&P 500, which is up little than 17% implicit the aforesaid period.