Ativo Capital Management LLC Acquires New Shares in SK hynix Inc. $SKHY

Key Points

• Ativo Capital Management acquired 11,850 SK hynix shares worth approximately $2.18 million, making the stock 1.7% of its portfolio and its 18th-largest holding.
• SK hynix reported sharply higher third-quarter operating profit, driven by strong DRAM, NAND and high-bandwidth memory demand. Management said memory capacity is effectively sold out through 2029, supported by long-term customer agreements.
• Investor sentiment remains positive: shares rose 13.3%, the analyst consensus is “Buy,” and Rosenblatt raised its price target to $400, although quarterly EPS came in below consensus estimates.

Ativo Capital Management LLC acquired a new position in shares of SK hynix Inc. (NASDAQ:SKHY - Free Report) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 11,850 shares of the memory chip maker's stock, valued at approximately $2,182,000. SK hynix accounts for 1.7% of Ativo Capital Management LLC's investment portfolio, making the stock its 18th biggest holding.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in SKHY. WPG Advisers LLC bought a new stake in SK hynix in the 3rd quarter valued at $372,000. Pinnacle Wealth Planning Services Inc. acquired a new position in SK hynix in the 3rd quarter valued at $1,203,000. VestGen Advisors LLC bought a new position in SK hynix during the 3rd quarter worth $577,000. Smith Group Asset Management LLC bought a new position in SK hynix during the 3rd quarter worth $368,000. Finally, M & L Capital Management Ltd acquired a new stake in shares of SK hynix during the third quarter worth $6,105,000.

Key Headlines Impacting SK hynix

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

• Positive Sentiment: Record earnings exceeded expectations: Third-quarter revenue reached 104.6 trillion won, while operating profit surged 632.1% year over year. Strong pricing for DRAM, NAND and high-bandwidth memory (HBM), including HBM4, drove substantial margin expansion and profit growth. SK Hynix third-quarter profit sharply beats estimates on AI memory boost
• Positive Sentiment: AI memory demand remains exceptionally strong: Management indicated that DRAM and HBM capacity is effectively sold out through 2029, with supply expected to remain below demand into 2030. Long-term agreements already cover more than half of planned 2027–2028 capacity, improving visibility into future revenue and pricing. SK Hynix Says Memory Is Sold Out Through 2029
• Positive Sentiment: Shareholder returns could support valuation: SK hynix outlined a shareholder-return plan totaling approximately 100 trillion won, including dividends and share cancellations. The CFO also said the stock is undervalued, reinforcing the bullish interpretation of the company’s cash-generation outlook. SK Hynix Stock Is Undervalued, CFO Says
• Positive Sentiment: Analyst and sector optimism broadened: RBC reaffirmed an Outperform rating, while Rosenblatt raised its price target. Commentators said SK hynix’s results support a broader rally in AI and memory stocks, including Micron, and suggest that data-center demand remains resilient despite skepticism about AI infrastructure spending. Jim Cramer sees major implications from SK Hynix's home-run quarter

SK hynix Stock Up 13.3%

SKHY opened at $164.70 on Thursday. SK hynix Inc. has a twelve month low of $124.80 and a twelve month high of $199.87. The business's 50-day moving average price is $169.05. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.59 and a quick ratio of 2.29. The company has a market capitalization of $1.20 trillion and a PE ratio of 13.04.

SK hynix (NASDAQ:SKHY - Get Free Report) last issued its quarterly earnings results on Wednesday, October 28th. The memory chip maker reported $3.84 earnings per share for the quarter, missing analysts' consensus estimates of $5.96 by ($2.12). Sell-side analysts anticipate that SK hynix Inc. will post 25.69 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on SKHY shares. Singular Research raised shares of SK hynix to a "strong-buy" rating in a research report on Friday, July 10th. Citigroup raised shares of SK hynix to a "strong-buy" rating in a report on Wednesday, September 2nd. William Blair began coverage on shares of SK hynix in a research report on Tuesday, August 4th. They set an "outperform" rating on the stock. Rosenblatt Securities increased their target price on shares of SK hynix from $320.00 to $400.00 and gave the stock a "buy" rating in a research report on Wednesday. Finally, Zacks Research raised shares of SK hynix to a "hold" rating in a report on Friday, July 24th. Four investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $258.22.

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.

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