Investment Advisor Trims Small-Cap Tech Stock Position by $2.5 Million, According to Recent SEC Filing
Meros Investment Management, LP has reduced its stake in Photronics by selling 70,437 shares, valued at approximately $2.55 million. This decision reflects a decline in the net value of their position by $1.94 million due to trading activity and stock price changes. Despite strong performance in the past year, some investors are concerned about the stock's high valuation.
- ▪Meros Investment Management sold 70,437 shares of Photronics, valued at $2.55 million.
- ▪The net value of their position declined by $1.94 million over the period.
- ▪Photronics shares have increased by 147.8% over the past year, significantly outperforming the S&P 500.
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Investment Advisor Trims Small-Cap Tech Stock Position by $2.5 Million, According to Recent SEC Filing Jake Lerch, The Motley Fool Fri, May 22, 2026 at 6:47 AM PDT 4 min read 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 average 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.
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