24,681 Shares in SkyWater Technology, Inc. $SKYT Purchased by Y Intercept Hong Kong Ltd

Key Points

• Y Intercept Hong Kong Ltd bought a new stake of 24,681 shares in SkyWater Technology (NASDAQ:SKYT) in Q2, valued at about $243,000 and representing roughly 0.05% ownership.
• Company insiders have been net sellers recently: CEO Thomas Sonderman sold 8,355 shares and CFO Steve Manko sold 60,829 shares, with insiders offloading 3,364,601 shares worth $41.17M over the past 90 days, though insiders still own 37.85% of the company.
• SkyWater beat Q3 expectations with $0.24 EPS and $150.74M revenue versus estimates, but guided Q4 2025 EPS of -0.080 to -0.040; the stock has a $867.24M market cap and an average analyst rating of "Moderate Buy" with a $21.50 price target.

Y Intercept Hong Kong Ltd purchased a new stake in SkyWater Technology, Inc. (NASDAQ:SKYT - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 24,681 shares of the company's stock, valued at approximately $243,000. Y Intercept Hong Kong Ltd owned approximately 0.05% of SkyWater Technology as of its most recent filing with the SEC.

Several other hedge funds have also recently modified their holdings of SKYT. Emerald Advisers LLC increased its holdings in SkyWater Technology by 1.3% during the first quarter. Emerald Advisers LLC now owns 1,000,716 shares of the company's stock valued at $7,095,000 after buying an additional 12,562 shares during the period. Emerald Mutual Fund Advisers Trust increased its holdings in shares of SkyWater Technology by 0.4% in the 1st quarter. Emerald Mutual Fund Advisers Trust now owns 602,297 shares of the company's stock valued at $4,270,000 after acquiring an additional 2,555 shares during the period. AQR Capital Management LLC raised its position in shares of SkyWater Technology by 112.0% in the 1st quarter. AQR Capital Management LLC now owns 313,993 shares of the company's stock worth $2,226,000 after acquiring an additional 165,865 shares in the last quarter. Nuveen LLC bought a new stake in SkyWater Technology during the first quarter valued at about $1,919,000. Finally, Trexquant Investment LP grew its stake in SkyWater Technology by 7.6% in the first quarter. Trexquant Investment LP now owns 254,398 shares of the company's stock valued at $1,804,000 after purchasing an additional 17,900 shares during the last quarter. Hedge funds and other institutional investors own 70.00% of the company's stock.

Insider Buying and Selling

In other news, CEO Thomas Sonderman sold 8,355 shares of SkyWater Technology stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $10.58, for a total transaction of $88,395.90. Following the completion of the transaction, the chief executive officer directly owned 532,174 shares of the company's stock, valued at $5,630,400.92. The trade was a 1.55% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Steve Manko sold 60,829 shares of the business's stock in a transaction on Friday, September 26th. The shares were sold at an average price of $17.40, for a total transaction of $1,058,424.60. Following the completion of the transaction, the chief financial officer owned 327,122 shares of the company's stock, valued at approximately $5,691,922.80. This represents a 15.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 3,364,601 shares of company stock valued at $41,174,012 over the last ninety days. Company insiders own 37.85% of the company's stock.

SkyWater Technology Stock Performance

SKYT opened at $18.00 on Friday. The company has a current ratio of 1.06, a quick ratio of 0.97 and a debt-to-equity ratio of 0.68. SkyWater Technology, Inc. has a 12-month low of $5.67 and a 12-month high of $20.85. The firm has a 50 day moving average of $15.45 and a two-hundred day moving average of $11.66. The firm has a market capitalization of $867.24 million, a PE ratio of 6.98 and a beta of 3.49.

SkyWater Technology (NASDAQ:SKYT - Get Free Report) last issued its earnings results on Wednesday, November 5th. The company reported $0.24 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.17) by $0.41. SkyWater Technology had a net margin of 36.36% and a negative return on equity of 7.97%. The firm had revenue of $150.74 million during the quarter, compared to analysts' expectations of $135.50 million. SkyWater Technology has set its Q4 2025 guidance at -0.080-0.040 EPS. On average, analysts anticipate that SkyWater Technology, Inc. will post -0.22 EPS for the current year.

Analyst Upgrades and Downgrades

Several research firms have commented on SKYT. Jefferies Financial Group raised shares of SkyWater Technology to a "hold" rating in a research report on Tuesday, October 28th. Stifel Nicolaus started coverage on shares of SkyWater Technology in a report on Tuesday, October 21st. They issued a "buy" rating and a $25.00 price target on the stock. Weiss Ratings reiterated a "sell (d-)" rating on shares of SkyWater Technology in a report on Wednesday, October 8th. Piper Sandler upped their price objective on shares of SkyWater Technology from $12.00 to $17.00 and gave the company an "overweight" rating in a report on Thursday. Finally, TD Cowen upped their price target on shares of SkyWater Technology from $22.00 to $24.00 and gave the company a "buy" rating in a research note on Thursday. Five equities research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $21.50.

SkyWater Technology Company Profile

SkyWater Technology, Inc, together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits.

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