SK hynix (NASDAQ:SKHY) Stock Bought Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros Jr. purchased $1,001–$15,000 of SK hynix on August 7, according to a congressional disclosure. The trade was made through a Bank of America trust account.
• SK hynix opened at $190.07, near its $199.87 52-week high, with a $1.39 trillion market capitalization. The company reported quarterly EPS of $8.48 on $51.19 billion in revenue.
• Analyst sentiment remains broadly positive, with a consensus “Buy” rating and an average price target of $247.67, although the stock has faced pressure from higher yields, oil-driven rate concerns and worries about more memory-efficient AI systems.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of SK hynix Inc. (NASDAQ:SKHY). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in SK hynix stock on August 7th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 8/28/2026.
• Purchased $15,001 - $50,000 in shares of Quanta Services NYSE: PWR on 8/27/2026.
• Purchased $15,001 - $50,000 in shares of Eaton NYSE: ETN on 8/27/2026.
• Sold $15,001 - $50,000 in shares of NIKE NYSE: NKE on 8/27/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Wheaton Precious Metals NYSE: WPM on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Walmart NASDAQ: WMT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of The Goldman Sachs Group NYSE: GS on 8/26/2026.
• Sold $15,001 - $50,000 in shares of Lamar Advertising NASDAQ: LAMR on 8/25/2026.
• Sold $1,001 - $15,000 in shares of Phreesia NYSE: PHR on 8/25/2026.

SK hynix Stock Performance

SKHY opened at $190.07 on Friday. The firm has a market capitalization of $1.39 trillion and a PE ratio of 21.70. SK hynix Inc. has a one year low of $124.80 and a one year high of $199.87. The company has a quick ratio of 2.29, a current ratio of 2.59 and a debt-to-equity ratio of 0.06. The firm has a 50 day simple moving average of $160.07.

SK hynix (NASDAQ:SKHY - Get Free Report) last issued its quarterly earnings data on Tuesday, August 18th. The memory chip maker reported $8.48 earnings per share (EPS) for the quarter. The business had revenue of $51.19 billion for the quarter. As a group, equities research analysts forecast that SK hynix Inc. will post 25.61 earnings per share for the current fiscal year.

SK hynix News Summary

Here are the key news stories impacting SK hynix this week:

• Positive Sentiment: JPMorgan began coverage of SK hynix with an Overweight rating and a $245 price target, implying substantial upside from recent levels. The call reflects confidence in the company’s position in the high-bandwidth memory market and AI-related demand. Memory Stocks Slide as Rates and Oil Swamp JPMorgan’s Overweight Call
• Neutral Sentiment: Reported short-interest data showed zero shares sold short and a zero-day days-to-cover ratio, but the figures also included an undefined percentage change and appear unreliable. They provide little useful indication of near-term trading pressure.
• Negative Sentiment: Memory stocks sold off broadly after higher oil prices revived concerns about inflation and interest rates. Rising yields can weigh on high-growth technology valuations, while SK hynix’s high-beta profile amplified the market pressure. Why are Micron, SanDisk, SK Hynix and other memory stocks falling?
• Negative Sentiment: DeepSeek introduced AI technology reportedly designed to use less memory, raising concerns that more efficient AI systems could reduce growth expectations for memory-chip demand. SK hynix and Samsung shares weakened, while Micron and SanDisk were more resilient. SK Hynix, Samsung Shares Dip In Korea After DeepSeek Debuts AI Tech That Uses Less Memory
• Negative Sentiment: The stock’s decline despite JPMorgan’s bullish target highlights that broader macroeconomic concerns and sector-wide selling are currently outweighing the positive analyst outlook. SK Hynix Stock Drops 5% the Same Day JPMorgan Says Buy It

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Rosenblatt Securities initiated coverage on shares of SK hynix in a report on Tuesday, August 4th. They issued a "buy" rating and a $320.00 price objective on the stock. Barclays lowered their price target on SK hynix from $330.00 to $300.00 and set an "overweight" rating for the company in a research report on Thursday, July 30th. Royal Bank Of Canada began coverage on SK hynix in a research note on Tuesday, August 4th. They issued an "outperform" rating and a $200.00 price objective for the company. Citigroup raised SK hynix to a "strong-buy" rating in a research note on Wednesday, September 2nd. Finally, Singular Research raised SK hynix to a "strong-buy" rating in a research report on Friday, July 10th. Four analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of "Buy" and an average price target of $247.67.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

SK hynix Company Profile

SK hynix Inc is a South Korean semiconductor manufacturer that develops and produces memory products for data centers, artificial intelligence systems, personal computers, mobile devices, automotive applications and other technology markets. Its portfolio includes dynamic random-access memory (DRAM), high-bandwidth memory (HBM), NAND flash memory, solid-state drives and related semiconductor solutions.

The company was established in 1983 as Hyundai Electronic Industrial Co and later operated under the name Hynix Semiconductor before becoming SK hynix following its acquisition by SK Telecom in 2012.

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