SkyWater Technology, Inc. $SKYT Shares Sold by Emerald Advisers LLC

Emerald Advisers LLC cut its holdings in shares of SkyWater Technology, Inc. (NASDAQ:SKYT) by 2.3% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,332,108 shares of the company’s stock after selling 30,875 shares during the quarter. Emerald Advisers LLC owned about 2.76% of SkyWater Technology worth $24,857,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Federated Hermes Inc. acquired a new position in shares of SkyWater Technology during the 2nd quarter valued at about $25,000. BNP Paribas Financial Markets grew its holdings in SkyWater Technology by 56.4% in the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company’s stock valued at $27,000 after purchasing an additional 991 shares during the period. Financial Management Professionals Inc. acquired a new position in SkyWater Technology during the second quarter worth approximately $32,000. CWM LLC increased its position in SkyWater Technology by 291.3% during the third quarter. CWM LLC now owns 3,138 shares of the company’s stock worth $59,000 after purchasing an additional 2,336 shares during the last quarter. Finally, NewEdge Advisors LLC raised its stake in SkyWater Technology by 15.4% during the second quarter. NewEdge Advisors LLC now owns 9,350 shares of the company’s stock worth $92,000 after purchasing an additional 1,250 shares during the period. Hedge funds and other institutional investors own 70.00% of the company’s stock.

Insider Activity

In related news, CEO Thomas Sonderman sold 5,210 shares of the firm’s stock in a transaction on Friday, November 21st. The shares were sold at an average price of $13.38, for a total transaction of $69,709.80. Following the completion of the sale, the chief executive officer directly owned 521,757 shares of the company’s stock, valued at approximately $6,981,108.66. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Steve Manko sold 50,000 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $17.40, for a total transaction of $870,000.00. Following the completion of the transaction, the chief financial officer owned 277,122 shares in the company, valued at $4,821,922.80. This represents a 15.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 384,279 shares of company stock worth $5,759,943. 37.85% of the stock is currently owned by company insiders.

SkyWater Technology Price Performance

Shares of NASDAQ SKYT opened at $33.89 on Thursday. The company has a debt-to-equity ratio of 0.17, a current ratio of 0.67 and a quick ratio of 0.61. SkyWater Technology, Inc. has a 1-year low of $5.67 and a 1-year high of $36.27. The company has a market capitalization of $1.64 billion, a price-to-earnings ratio of 13.14 and a beta of 3.49. The business has a 50-day moving average of $20.53 and a 200-day moving average of $16.09.

SkyWater Technology (NASDAQ:SKYT) last released its quarterly earnings results on Wednesday, November 5th. The company reported $0.24 EPS for the quarter, topping the consensus estimate of ($0.17) by $0.41. SkyWater Technology had a negative return on equity of 4.96% and a net margin of 36.36%.The firm had revenue of $150.74 million for the quarter, compared to analyst estimates of $135.50 million. SkyWater Technology has set its Q4 2025 guidance at -0.080-0.040 EPS. On average, equities analysts anticipate that SkyWater Technology, Inc. will post -0.22 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on SKYT. TD Cowen reissued a “buy” rating on shares of SkyWater Technology in a research note on Thursday, November 6th. Stifel Nicolaus began coverage on SkyWater Technology in a report on Tuesday, October 21st. They issued a “buy” rating and a $25.00 target price on the stock. Piper Sandler boosted their price target on SkyWater Technology from $12.00 to $17.00 and gave the company an “overweight” rating in a research report on Thursday, November 6th. Jefferies Financial Group upgraded SkyWater Technology to a “hold” rating in a report on Tuesday, October 28th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SkyWater Technology in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, SkyWater Technology presently has an average rating of “Moderate Buy” and a consensus target price of $21.50.

SkyWater Technology Company Profile

SkyWater Technology Solutions, Inc is a U.S.-based specialty semiconductor foundry headquartered in Bloomington, Minnesota. The company focuses on the development and manufacture of high-reliability integrated circuits using advanced processes on 200-millimeter wafers.

SkyWater’s service offerings span analog/mixed-signal, radio frequency (RF), micro-electromechanical systems (MEMS) and advanced packaging technologies. Its turnkey model includes multi-project wafer (MPW) runs, volume production, design enablement support and assembly and test services, enabling customers to take concepts from prototype to market.

Serving aerospace, defense, automotive, industrial, medical and communications sectors, SkyWater supports applications that demand rigorous performance, quality and traceability.