Insider Selling: SkyWater Technology (NASDAQ:SKYT) CFO Sells $2,631,000.00 in Stock

Posted by Geri Gentry on May 16th, 2026

SkyWater Technology, Inc. (NASDAQ:SKYT – Get Free Report) CFO Steve Manko sold 75,000 shares of the stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $35.08, for a total value of $2,631,000.00. Following the completion of the transaction, the chief financial officer owned 96,567 shares of the company’s stock, valued at $3,387,570.36. This represents a 43.71% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Steve Manko also recently made the following trade(s):

On Tuesday, April 14th, Steve Manko sold 84,215 shares of SkyWater Technology stock. The stock was sold at an average price of $30.41, for a total transaction of $2,560,978.15.
On Monday, March 16th, Steve Manko sold 91,109 shares of SkyWater Technology stock. The stock was sold at an average price of $27.84, for a total value of $2,536,474.56.

SkyWater Technology Trading Down 3.1%

Shares of SKYT stock opened at $34.72 on Friday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.52 and a current ratio of 0.51. SkyWater Technology, Inc. has a fifty-two week low of $8.18 and a fifty-two week high of $36.38. The stock has a 50 day simple moving average of $30.43 and a two-hundred day simple moving average of $25.78. The company has a market cap of $1.71 billion, a P/E ratio of 14.29 and a beta of 3.30.

SkyWater Technology (NASDAQ:SKYT – Get Free Report) last announced its quarterly earnings data on Wednesday, May 20th. The company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.08) by ($0.17). SkyWater Technology had a net margin of 21.04% and a negative return on equity of 9.03%. The firm had revenue of $160.69 million during the quarter, compared to analyst estimates of $146.07 million. Research analysts forecast that SkyWater Technology, Inc. will post -0.42 earnings per share for the current year.

Analyst Ratings Changes

Several brokerages recently issued reports on SKYT. Craig Hallum cut SkyWater Technology from a “buy” rating to a “hold” rating and set a $35.00 target price on the stock. in a research report on Tuesday, January 27th. Piper Sandler cut SkyWater Technology from an “overweight” rating to a “neutral” rating and upped their price target for the company from $17.00 to $35.00 in a research report on Monday, January 26th. Stifel Nicolaus set a $35.00 price target on SkyWater Technology in a research report on Monday, January 26th. Needham & Company LLC lowered SkyWater Technology from a “buy” rating to a “hold” rating in a research note on Monday, January 26th. Finally, Zacks Research upgraded SkyWater Technology from a “strong sell” rating to a “hold” rating in a research note on Monday, April 27th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $32.00.

Check Out Our Latest Research Report on SKYT

Institutional Investors Weigh In On SkyWater Technology

Several institutional investors have recently bought and sold shares of SKYT. Millennium Management LLC boosted its holdings in SkyWater Technology by 3,396.4% during the 3rd quarter. Millennium Management LLC now owns 775,364 shares of the company’s stock valued at $14,468,000 after acquiring an additional 753,188 shares during the period. State Street Corp lifted its holdings in SkyWater Technology by 134.1% in the 4th quarter. State Street Corp now owns 1,210,673 shares of the company’s stock worth $21,986,000 after buying an additional 693,470 shares during the period. Trexquant Investment LP bought a new position in shares of SkyWater Technology in the 4th quarter worth approximately $6,745,000. Federated Hermes Inc. lifted its stake in shares of SkyWater Technology by 13,712.9% in the 3rd quarter. Federated Hermes Inc. now owns 347,119 shares of the company’s stock valued at $6,477,000 after purchasing an additional 344,606 shares during the period. Finally, Erste Asset Management GmbH lifted its stake in shares of SkyWater Technology by 21.7% in the 3rd quarter. Erste Asset Management GmbH now owns 1,400,000 shares of the company’s stock valued at $25,508,000 after purchasing an additional 250,000 shares during the period. 70.00% of the stock is currently owned by hedge funds and other institutional investors.

SkyWater Technology Company Profile

(Get 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.