Capstone Capital Management Ltd purchased a new position in SK hynix Inc. (NASDAQ:SKHY – Free Report) in the third quarter, HoldingsChannel reports. The firm purchased 8,000 shares of the memory chip maker’s stock, valued at approximately $1,473,000.
A number of other hedge funds have also modified their holdings of SKHY. Lancaster Investment Management bought a new position in SK hynix in the 3rd quarter worth $34,103,000. Prime Capital Investment Advisors LLC purchased a new stake in SK hynix in the 3rd quarter worth $6,777,000. Yarbrough Capital LLC bought a new stake in SK hynix during the third quarter valued at about $5,934,000. Robeco Institutional Asset Management B.V. bought a new stake in SK hynix during the third quarter valued at about $2,120,000. Finally, DUTCH ASSET Corp purchased a new position in shares of SK hynix in the third quarter valued at about $2,066,000.
More SK hynix News
Here are the key news stories impacting SK hynix this week:
- Positive Sentiment: SK hynix remains viewed by some analysts as a leading AI-memory investment. Strong demand for high-bandwidth memory (HBM) and enterprise SSDs, supply constraints, pricing power, and expanding margins could support substantial third-quarter growth. One preview projected 37% sequential and 336% annual revenue growth, with adjusted EPS of $6.25 on $74.6 billion of revenue. SK hynix Q3 Preview: I’m Buying More Before The Print
- Positive Sentiment: Commentary from Goldman Sachs and other bullish investors suggests the recent decline may be a buying opportunity rather than a change in SK hynix’s long-term AI-memory thesis. SK Hynix Stock Falls After Brutal Week, but Goldman Isn’t Backing Down
- Neutral Sentiment: SK hynix is reportedly seeking U.S. clearance for a plan involving chipmaking equipment in China. Approval could preserve operating flexibility, but the issue also highlights continuing geopolitical and export-control risks. SK hynix Seeks U.S. Clearance for China Chip Gear Plan
- Negative Sentiment: A renewed selloff in Seoul revived concerns that the AI-capital-spending boom may not last, pressuring SK hynix along with Samsung, SanDisk, and Micron. The divergence from a rebound in U.S. semiconductor shares indicates investors remain especially cautious about Korean memory stocks. SK Hynix Sinks as Seoul Selloff Revives AI Spending Fears
- Negative Sentiment: Bearish analysis argues that potential cracks in demand, pricing, or AI investment may become more important next year, encouraging investors to look beyond strong near-term earnings. SK hynix: The Cracks Are a Next-Year Problem
- Negative Sentiment: Broader weakness in the AI trade and uncertainty surrounding a rival Micron production action have added volatility to the memory-chip group, reinforcing concerns about supply, demand, and the sustainability of elevated valuations. Where the AI Trade Is Still Ripping
SK hynix Stock Down 2.2%
SK hynix stock opened at $139.79 on Wednesday. The company’s fifty day simple moving average is $171.57. SK hynix Inc. has a 52-week low of $124.80 and a 52-week high of $199.87. The company has a current ratio of 2.59, a quick ratio of 2.29 and a debt-to-equity ratio of 0.06. The stock has a market capitalization of $1.02 trillion and a P/E ratio of 11.07.
SK hynix (NASDAQ:SKHY – Get Free Report) last announced its earnings results on Tuesday, August 18th. The memory chip maker reported $8.48 earnings per share (EPS) for the quarter. The business had revenue of $51.19 billion for the quarter. On average, equities research analysts anticipate that SK hynix Inc. will post 25.69 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several analysts recently issued reports on SKHY shares. UBS Group began coverage on SK hynix in a research note on Wednesday, July 29th. They set a “buy” rating and a $204.00 target price on the stock. Wedbush raised SK hynix to a “strong-buy” rating in a report on Tuesday, August 4th. Rosenblatt Securities assumed coverage on SK hynix in a research note on Tuesday, August 4th. They issued a “buy” rating and a $320.00 price target for the company. Citigroup raised shares of SK hynix to a “strong-buy” rating in a report on Wednesday, September 2nd. Finally, Weiss Ratings started coverage on shares of SK hynix in a report on Friday, October 2nd. They set a “hold (c)” rating for the company. Four research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Buy” and a consensus target price of $253.22.
View Our Latest Stock Analysis on SK hynix
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.
Read More
- Five stocks we like better than SK hynix
- Aurora Rejects Curaleaf’s Higher Bid, But the Takeover Fight Isn’t Over
- Centrus Energy Is Building a Nuclear Fuel Powerhouse—Why Is Its Stock Struggling?
- Halliburton Gains Traction: Multiyear Upcycle Ahead
- Meta Platforms’ AI Comeback Faces an Earnings Test—And a $10 Billion Charge
Want to see what other hedge funds are holding SKHY? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for SK hynix Inc. (NASDAQ:SKHY – Free Report).
Receive News & Ratings for SK hynix Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SK hynix and related companies with MarketBeat.com's FREE daily email newsletter.
