9,250 Shares of SK hynix Inc. $SKHY Bought by Apollon Wealth Management LLC

Key Points

• Apollon Wealth Management acquired 9,250 SK hynix shares worth approximately $1.7 million during the third quarter, joining several other institutions that initiated positions.
• SK hynix shares opened at $162.09, down 1.6%, after the company reported quarterly EPS of $3.84—below the $5.96 consensus estimate—despite revenue of $73.86 billion exceeding expectations.
• Analysts maintain a broadly positive outlook, with a consensus “Buy” rating and a $258.22 price target. Strong AI-related demand for DRAM, NAND and HBM, along with expanding HBM4 capacity, supports the company’s longer-term growth prospects.

Apollon Wealth Management LLC acquired a new stake in shares of SK hynix Inc. (NASDAQ:SKHY - Free Report) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,250 shares of the memory chip maker's stock, valued at approximately $1,703,000.

A number of other large investors also recently bought and sold shares of the company. Ramsey Quantitative Systems acquired a new stake in shares of SK hynix during the third quarter worth $30,000. Financial Management Professionals Inc. bought a new stake in shares of SK hynix during the 3rd quarter valued at about $129,000. Albion Financial Group UT acquired a new stake in SK hynix during the third quarter worth about $184,000. Boyd Wealth Management LLC bought a new position in SK hynix in the third quarter worth about $238,000. Finally, Wedbush Securities Inc. bought a new position in SK hynix in the third quarter worth about $243,000.

SK hynix Stock Down 1.6%

SKHY opened at $162.09 on Friday. The company has a current ratio of 2.59, a quick ratio of 2.29 and a debt-to-equity ratio of 0.06. The company's 50 day simple moving average is $169.17. SK hynix Inc. has a twelve month low of $124.80 and a twelve month high of $199.87.

SK hynix (NASDAQ:SKHY - Get Free Report) last released its quarterly earnings results on Wednesday, October 28th. The memory chip maker reported $3.84 earnings per share (EPS) for the quarter, missing the consensus estimate of $5.96 by ($2.12). The firm had revenue of $73.86 billion during the quarter, compared to the consensus estimate of $66.41 billion. As a group, equities research analysts forecast that SK hynix Inc. will post 25.83 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on the company. Wall Street Zen upgraded SK hynix to a "strong-buy" rating in a research report on Saturday, July 18th. Zacks Research upgraded SK hynix to a "hold" rating in a research report on Friday, July 24th. Singular Research upgraded SK hynix to a "strong-buy" rating in a research note on Friday, July 10th. Weiss Ratings assumed coverage on SK hynix in a research note on Friday, October 2nd. They set a "hold (c)" rating for the company. Finally, Rosenblatt Securities raised their target price on SK hynix from $320.00 to $400.00 and gave the company a "buy" rating in a research note on Wednesday. Four equities research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $258.22.

Key Headlines Impacting SK hynix

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

• Positive Sentiment: SK hynix reported record third-quarter results, with revenue reaching 104.6 trillion won and operating profit surging 632% year over year. Strong pricing for DRAM, NAND and high-bandwidth memory (HBM) underscored the strength of AI-related demand. SK Hynix third-quarter profit sharply beats estimates on AI memory boost
• Positive Sentiment: The company is accelerating HBM4 production and expanding capacity, while long-term agreements reportedly cover more than half of its 2027–2028 capacity. Management expects memory demand to exceed supply potentially through 2030, supporting revenue visibility and pricing power. SKHY Q3 Earnings Call Highlights AI Demand and HBM4 Expansion
• Positive Sentiment: Shareholders are set to receive substantial capital returns, including dividends, buybacks and share cancellations under a plan totaling roughly 100 trillion won, or about $75 billion. The company also dropped its review of a potential Solidigm IPO, reducing concerns about a near-term duplicate listing.
• Neutral Sentiment: SK hynix denied having a confirmed plan for a massive U.S. NAND plant through Solidigm. While this limits near-term expansion speculation, it does not materially change the company’s current AI-memory strategy. SK Hynix Denies Confirmed Plan for Massive U.S. NAND Plant by Solidigm
• Negative Sentiment: Memory stocks reversed part of their earlier rally after Samsung Electronics reported weaker-than-expected results, raising concerns about sector momentum. Weaker Alphabet results also pressured the broader technology market, while upcoming SanDisk earnings added uncertainty ahead of read-throughs for memory demand. Why are Micron, SK Hynix and SanDisk stocks falling on Thursday?
• Negative Sentiment: Investors are also weighing elevated expectations and the cyclical risk that today’s unusually high margins may eventually normalize. A reported EPS miss versus consensus, despite revenue exceeding estimates, provides an additional short-term reason for profit-taking.

SK hynix Company Profile

SK hynix Inc is a South Korean semiconductor company that develops and manufactures memory products and related semiconductor solutions. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives, and high-bandwidth memory (HBM) used in computing, artificial intelligence, data centers, smartphones, automotive systems, and other electronic devices.

The company serves customers globally through manufacturing, research, sales, and support operations in South Korea and other major technology markets.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.