Vazirani Asset Management LLC Invests $1.07 Billion in SkyWater Technology, Inc. $SKYT

Posted by Brian Himes on Aug 27th, 2026

Vazirani Asset Management LLC acquired a new position in shares of SkyWater Technology, Inc. (NASDAQ:SKYT – Free Report) in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 30,638 shares of the company’s stock, valued at approximately $1,066,815,000. SkyWater Technology makes up approximately 5.2% of Vazirani Asset Management LLC’s holdings, making the stock its 7th biggest position.

A number of other large investors have also recently made changes to their positions in SKYT. BlackRock Inc. purchased a new position in SkyWater Technology in the second quarter worth approximately $102,587,000. Vanguard Group Inc. grew its holdings in SkyWater Technology by 4.9% during the 3rd quarter. Vanguard Group Inc. now owns 2,047,168 shares of the company’s stock worth $38,200,000 after acquiring an additional 94,948 shares in the last quarter. Ameriprise Financial Inc. increased its position in shares of SkyWater Technology by 9.1% in the 3rd quarter. Ameriprise Financial Inc. now owns 1,846,355 shares of the company’s stock valued at $34,453,000 after purchasing an additional 153,299 shares during the last quarter. State Street Corp increased its position in shares of SkyWater Technology by 134.1% in the 4th quarter. State Street Corp now owns 1,210,673 shares of the company’s stock valued at $21,986,000 after purchasing an additional 693,470 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in shares of SkyWater Technology by 3,396.4% in the 3rd quarter. Millennium Management LLC now owns 775,364 shares of the company’s stock valued at $14,468,000 after purchasing an additional 753,188 shares in the last quarter. 70.00% of the stock is currently owned by hedge funds and other institutional investors.

SkyWater Technology Stock Performance

SKYT opened at $32.46 on Thursday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.44 and a current ratio of 0.51. SkyWater Technology, Inc. has a one year low of $8.49 and a one year high of $39.93. The company has a market cap of $1.60 billion, a P/E ratio of 13.93 and a beta of 3.39. The business’s 50-day simple moving average is $32.96 and its 200-day simple moving average is $32.20.

SkyWater Technology (NASDAQ:SKYT – Get Free Report) last posted its earnings results on Friday, May 8th. The company reported ($0.25) earnings per share for the quarter. The business had revenue of $160.69 million for the quarter. SkyWater Technology had a negative return on equity of 7.88% and a net margin of 21.04%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of SkyWater Technology in a research report on Wednesday, June 24th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $32.00.

Get Our Latest Stock Analysis on SKYT

SkyWater Technology Company Profile

(Free Report)

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.