Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of SK hynix Inc. (NASDAQ:SKHY)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of SK hynix Inc. (NASDAQ:SKHY). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in SK hynix stock on August 7th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

SK hynix Price Performance

SKHY stock opened at $190.07 on Friday. 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 company has a market cap of $1.39 trillion and a PE ratio of 21.70. The stock’s fifty day moving average price is $160.07. SK hynix Inc. has a fifty-two week low of $124.80 and a fifty-two week high of $199.87.

SK hynix (NASDAQ:SKHY) last posted its earnings results on Tuesday, August 18th. The memory chip maker reported $8.48 earnings per share for the quarter. The firm had revenue of $51.19 billion for the quarter. Research analysts expect that SK hynix Inc. will post 25.61 EPS for the current year.

Key SK hynix News

Here are the key news stories impacting SK hynix this week:

• Positive Sentiment: JPMorgan began coverage of SK hynix with an Overweight rating and a $245 price target, implying substantial upside from recent levels. The call reflects confidence in the company’s position in the high-bandwidth memory market and AI-related demand. Memory Stocks Slide as Rates and Oil Swamp JPMorgan’s Overweight Call
• Neutral Sentiment: Reported short-interest data showed zero shares sold short and a zero-day days-to-cover ratio, but the figures also included an undefined percentage change and appear unreliable. They provide little useful indication of near-term trading pressure.
• Negative Sentiment: Memory stocks sold off broadly after higher oil prices revived concerns about inflation and interest rates. Rising yields can weigh on high-growth technology valuations, while SK hynix’s high-beta profile amplified the market pressure. Why are Micron, SanDisk, SK Hynix and other memory stocks falling?
• Negative Sentiment: DeepSeek introduced AI technology reportedly designed to use less memory, raising concerns that more efficient AI systems could reduce growth expectations for memory-chip demand. SK hynix and Samsung shares weakened, while Micron and SanDisk were more resilient. SK Hynix, Samsung Shares Dip In Korea After DeepSeek Debuts AI Tech That Uses Less Memory
• Negative Sentiment: The stock’s decline despite JPMorgan’s bullish target highlights that broader macroeconomic concerns and sector-wide selling are currently outweighing the positive analyst outlook. SK Hynix Stock Drops 5% the Same Day JPMorgan Says Buy It

Wall Street Analyst Weigh In

Several brokerages have weighed in on SKHY. Zacks Research upgraded shares of SK hynix to a “hold” rating in a research note on Friday, July 24th. Needham & Company LLC lifted their price target on shares of SK hynix from $200.00 to $220.00 and gave the company a “buy” rating in a research report on Monday, August 24th. 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. Cantor Fitzgerald began coverage on SK hynix in a report on Tuesday, August 4th. They issued an “overweight” rating and a $300.00 price objective for the company. Finally, William Blair assumed coverage on SK hynix in a research report on Tuesday, August 4th. They set an “outperform” rating for the company. Four equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and one has assigned a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus price target of $247.67.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About SK hynix

SK hynix Inc is a South Korean semiconductor manufacturer that develops and produces memory products for data centers, artificial intelligence systems, personal computers, mobile devices, automotive applications and other technology markets. Its portfolio includes dynamic random-access memory (DRAM), high-bandwidth memory (HBM), NAND flash memory, solid-state drives and related semiconductor solutions.

The company was established in 1983 as Hyundai Electronic Industrial Co and later operated under the name Hynix Semiconductor before becoming SK hynix following its acquisition by SK Telecom in 2012.