China Universal Asset Management Co. Ltd. acquired a new stake in shares of SK hynix Inc. (NASDAQ:SKHY – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 51,784 shares of the memory chip maker’s stock, valued at approximately $9,595,000.
A number of other hedge funds also recently bought and sold shares of SKHY. Yarbrough Capital LLC purchased a new position in shares of SK hynix in the third quarter worth approximately $5,934,000. Lancaster Investment Management acquired a new stake in shares of SK hynix during the third quarter valued at approximately $34,103,000. Capstone Capital Management Ltd purchased a new stake in shares of SK hynix in the 3rd quarter valued at approximately $1,473,000. Prime Capital Investment Advisors LLC purchased a new stake in shares of SK hynix in the 3rd quarter valued at approximately $6,777,000. Finally, DUTCH ASSET Corp purchased a new stake in shares of SK hynix in the 3rd quarter valued at approximately $2,066,000.
SK hynix Price Performance
Shares of SKHY opened at $162.09 on Friday. The firm has a market cap of $1.18 trillion and a P/E ratio of 12.83. SK hynix Inc. has a fifty-two week low of $124.80 and a fifty-two week high of $199.87. The company has a quick ratio of 2.29, a current ratio of 2.59 and a debt-to-equity ratio of 0.06. The firm has a 50-day simple moving average of $169.17.
SK hynix (NASDAQ:SKHY – Get Free Report) last posted its quarterly earnings results on Wednesday, October 28th. The memory chip maker reported $3.84 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $5.96 by ($2.12). The firm had revenue of $73.86 billion for the quarter, compared to analyst estimates of $66.41 billion. Equities research analysts expect that SK hynix Inc. will post 25.83 earnings per share for the current fiscal year.
Analyst Ratings Changes
Several research firms have weighed in on SKHY. Citigroup upgraded shares of SK hynix to a “strong-buy” rating in a research report on Wednesday, September 2nd. Cantor Fitzgerald reduced their target price on SK hynix from $300.00 to $250.00 and set an “overweight” rating for the company in a report on Monday. Wall Street Zen upgraded SK hynix to a “strong-buy” rating in a report on Saturday, July 18th. JPMorgan Chase & Co. assumed coverage on SK hynix in a research report on Thursday, September 10th. They issued an “overweight” rating and a $245.00 target price for the company. Finally, Wolfe Research reiterated an “outperform” rating on shares of SK hynix in a report on Wednesday. Four investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $258.22.
Check Out Our Latest Analysis on SKHY
More SK hynix News
Here are the key news stories impacting SK hynix this week:
- Positive Sentiment: SK hynix reported record third-quarter results, with revenue reaching 104.6 trillion won and operating profit surging 632% year over year. Strong pricing for DRAM, NAND and high-bandwidth memory (HBM) underscored the strength of AI-related demand. SK Hynix third-quarter profit sharply beats estimates on AI memory boost
- Positive Sentiment: The company is accelerating HBM4 production and expanding capacity, while long-term agreements reportedly cover more than half of its 2027–2028 capacity. Management expects memory demand to exceed supply potentially through 2030, supporting revenue visibility and pricing power. SKHY Q3 Earnings Call Highlights AI Demand and HBM4 Expansion
- Positive Sentiment: Shareholders are set to receive substantial capital returns, including dividends, buybacks and share cancellations under a plan totaling roughly 100 trillion won, or about $75 billion. The company also dropped its review of a potential Solidigm IPO, reducing concerns about a near-term duplicate listing.
- Neutral Sentiment: SK hynix denied having a confirmed plan for a massive U.S. NAND plant through Solidigm. While this limits near-term expansion speculation, it does not materially change the company’s current AI-memory strategy. SK Hynix Denies Confirmed Plan for Massive U.S. NAND Plant by Solidigm
- Negative Sentiment: Memory stocks reversed part of their earlier rally after Samsung Electronics reported weaker-than-expected results, raising concerns about sector momentum. Weaker Alphabet results also pressured the broader technology market, while upcoming SanDisk earnings added uncertainty ahead of read-throughs for memory demand. Why are Micron, SK Hynix and SanDisk stocks falling on Thursday?
- Negative Sentiment: Investors are also weighing elevated expectations and the cyclical risk that today’s unusually high margins may eventually normalize. A reported EPS miss versus consensus, despite revenue exceeding estimates, provides an additional short-term reason for profit-taking.
SK hynix Company Profile
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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