SK hynix Inc. $SKHY Shares Newly Bought by Park Avenue Securities LLC

Key Points

• Park Avenue Securities acquired 24,373 SK hynix shares worth approximately $4.49 million in the third quarter, joining several other institutions that initiated positions.
• SK hynix reported record third-quarter revenue and a sharp surge in operating profit, driven by strong AI-related demand for DRAM, NAND and high-bandwidth memory. The company is expanding HBM4 capacity, with agreements reportedly covering more than half of its 2027–2028 output.
• Despite strong growth prospects and an average analyst rating of “Buy,” shares recently fell 1.6% as investors weighed an EPS miss, elevated expectations, cyclical margin risks and broader weakness in memory stocks.

Park Avenue Securities LLC acquired a new stake in shares of SK hynix Inc. (NASDAQ:SKHY - Free Report) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor acquired 24,373 shares of the memory chip maker's stock, valued at approximately $4,488,000.

Several other large investors also recently bought and sold shares of SKHY. Yarbrough Capital LLC purchased a new position in SK hynix in the 3rd quarter worth approximately $5,934,000. Lancaster Investment Management purchased a new stake in shares of SK hynix in the third quarter valued at approximately $34,103,000. Capstone Capital Management Ltd purchased a new stake in shares of SK hynix in the third quarter valued at approximately $1,473,000. Prime Capital Investment Advisors LLC purchased a new stake in shares of SK hynix in the third quarter valued at approximately $6,777,000. Finally, DUTCH ASSET Corp acquired a new stake in shares of SK hynix in the third quarter valued at approximately $2,066,000.

SK hynix News Summary

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 Stock Down 1.6%

SKHY stock opened at $162.09 on Friday. The stock's fifty day simple moving average is $169.17. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.29 and a current ratio of 2.59. The firm has a market capitalization of $1.18 trillion and a PE ratio of 12.83. SK hynix Inc. has a 52-week low of $124.80 and a 52-week high of $199.87.

SK hynix (NASDAQ:SKHY - Get Free Report) last announced its quarterly earnings results on Wednesday, October 28th. The memory chip maker reported $3.84 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 analyst estimates of $66.41 billion. As a group, sell-side analysts anticipate that SK hynix Inc. will post 25.83 EPS for the current year.

Analysts Set New Price Targets

A number of equities analysts recently commented on the company. JPMorgan Chase & Co. assumed coverage on SK hynix in a research report on Thursday, September 10th. They set an "overweight" rating and a $245.00 price objective on the stock. Royal Bank Of Canada reissued an "outperform" rating and set a $200.00 price objective on shares of SK hynix in a research note on Wednesday. William Blair started coverage on SK hynix in a report on Tuesday, August 4th. They issued an "outperform" rating for the company. Zacks Research raised SK hynix to a "hold" rating in a research note on Friday, July 24th. Finally, Wedbush raised SK hynix to a "strong-buy" rating in a research note on Tuesday, August 4th. Four research analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average price target of $258.22.

About SK hynix

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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