SK hynix Inc. $SKHY Shares Newly Acquired by Choreo LLC

Choreo LLC purchased a new position in shares of SK hynix Inc. (NASDAQ:SKHY – Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 18,408 shares of the memory chip maker’s stock, valued at approximately $3,390,000.

Several other large investors also recently bought and sold shares of the company. Lancaster Investment Management acquired a new position in shares of SK hynix during the third quarter worth $34,103,000. Asset Management One Co. Ltd. acquired a new position in shares of SK hynix in the third quarter worth about $21,554,000. China Universal Asset Management Co. Ltd. purchased a new position in SK hynix in the third quarter valued at about $9,595,000. Prime Capital Investment Advisors LLC purchased a new stake in SK hynix during the 3rd quarter worth approximately $6,777,000. Finally, M & L Capital Management Ltd acquired a new position in shares of SK hynix in the 3rd quarter valued at approximately $6,105,000.

SK hynix Trading Down 7.9%

Shares of NASDAQ SKHY opened at $149.21 on Friday. SK hynix Inc. has a 12-month low of $124.80 and a 12-month high of $199.87. 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 $1.09 trillion and a P/E ratio of 11.81. The business’s 50 day simple moving average is $168.89.

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. Sell-side analysts forecast that SK hynix Inc. will post 25.28 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of research analysts have commented on SKHY shares. Barclays reduced their price objective on shares of SK hynix from $330.00 to $300.00 and set an “overweight” rating on the stock in a research note on Thursday, July 30th. Zacks Research raised SK hynix to a “hold” rating in a report on Friday, July 24th. William Blair reiterated an “outperform” rating and issued a $154.00 price target on shares of SK hynix in a report on Friday. Stifel Nicolaus began coverage on shares of SK hynix in a research note on Tuesday, August 4th. They set a “buy” rating and a $240.00 target price for the company. Finally, Citigroup raised shares of SK hynix to a “strong-buy” rating in a report on Wednesday, September 2nd. Four research analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, SK hynix currently has an average rating of “Buy” and an average price target of $247.80.

Check Out Our Latest Research Report on SKHY

SK hynix News Roundup

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

  • Positive Sentiment: SK hynix reported exceptionally strong third-quarter results, supported by rising DRAM and NAND average selling prices, expanding margins and surging artificial-intelligence-related demand. Analysts characterized the quarter as a potential turning point for the broader memory industry. SK hynix: A Bargain For The Ages (Earnings Analysis)
  • Positive Sentiment: Management indicated that available memory capacity is effectively sold out through 2029, reflecting sustained demand from AI infrastructure and data-center customers. The company is also accelerating HBM4 production and expanding capacity. SK Hynix Just Delivered Fantastic News for Micron
  • Positive Sentiment: Long-term agreements reportedly cover more than half of planned 2027–2028 capacity, improving revenue visibility and reducing exposure to the memory industry’s usual cyclicality. Strong cash generation, shareholder returns and a net-cash position further support the investment case. SK hynix: Despite Their Premium To The Korean Shares, The U.S. ADRs Are A Bargain
  • Positive Sentiment: RBC reaffirmed an Outperform rating, while Rosenblatt raised its price target. Other coverage continues to describe SKHY as undervalued relative to peers despite its superior growth and profitability. Royal Bank Of Canada Reaffirms Outperform Rating
  • Neutral Sentiment: SK hynix denied reports of a confirmed plan for a major U.S. NAND plant by its Solidigm subsidiary, limiting speculation about additional capital spending. SK hynix Denies Confirmed Plan for Massive U.S. NAND Plant
  • Negative Sentiment: The immediate catalyst for the decline is a broad technology sell-off following disappointing Amazon and Intel results. Weakness in Samsung, Micron and SanDisk has amplified pressure across the memory-chip sector, while some investors are questioning whether SKHY’s strong outlook is already reflected in its valuation. Why are Micron, SK Hynix, and SanDisk stocks falling on Friday?

About SK hynix

(Free Report)

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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Institutional Ownership by Quarter for SK hynix (NASDAQ:SKHY)

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