Key Points
- CEO Thomas Sonderman sold 5,210 shares on November 21 at an average price of $13.38 for $69,709.80, leaving him with 521,757 shares (a 0.99% ownership decrease) valued at about $6.98 million.
- Sonderman has sold stock multiple times this year, including 5,207 shares on November 14 at $17 and 8,355 shares on September 10 at $10.58, signaling a pattern of insider sales.
- Analysts remain broadly positive with a consensus "Moderate Buy" and a $21.50 target; the stock trades near $14.81 with a market cap of about $718 million and a 12‑month range of $5.67–$24.23.
SkyWater Technology, Inc. (NASDAQ:SKYT - Get Free Report) CEO Thomas Sonderman sold 5,210 shares of the stock in a transaction dated Friday, November 21st. The stock was sold at an average price of $13.38, for a total transaction of $69,709.80. Following the transaction, the chief executive officer directly owned 521,757 shares of the company's stock, valued at $6,981,108.66. This represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Thomas Sonderman also recently made the following trade(s):
- On Friday, November 14th, Thomas Sonderman sold 5,207 shares of SkyWater Technology stock. The shares were sold at an average price of $17.00, for a total value of $88,519.00.
- On Wednesday, September 10th, Thomas Sonderman sold 8,355 shares of SkyWater Technology stock. The stock was sold at an average price of $10.58, for a total value of $88,395.90.
SkyWater Technology Stock Performance
Shares of SKYT stock opened at $14.81 on Wednesday. The company has a current ratio of 0.67, a quick ratio of 0.61 and a debt-to-equity ratio of 0.17. The stock has a 50 day simple moving average of $16.98 and a 200-day simple moving average of $12.53. The company has a market cap of $718.40 million, a price-to-earnings ratio of 5.74 and a beta of 3.50. SkyWater Technology, Inc. has a 12-month low of $5.67 and a 12-month high of $24.23.
SkyWater Technology (NASDAQ:SKYT - Get Free Report) last announced its quarterly earnings data on Wednesday, November 5th. The company reported $0.24 earnings per share for the quarter, topping analysts' consensus estimates of ($0.17) by $0.41. The firm had revenue of $150.74 million for the quarter, compared to analyst estimates of $135.50 million. SkyWater Technology had a negative return on equity of 4.96% and a net margin of 36.36%. SkyWater Technology has set its Q4 2025 guidance at -0.080-0.040 EPS. On average, equities analysts forecast that SkyWater Technology, Inc. will post -0.22 EPS for the current year.
Wall Street Analysts Forecast Growth
A number of brokerages have recently issued reports on SKYT. Cowen reiterated a "buy" rating on shares of SkyWater Technology in a report on Thursday, November 6th. Needham & Company LLC upped their target price on shares of SkyWater Technology from $15.00 to $20.00 and gave the stock a "buy" rating in a research report on Thursday, November 6th. TD Cowen lifted their price target on shares of SkyWater Technology from $22.00 to $24.00 and gave the company a "buy" rating in a research report on Thursday, November 6th. Piper Sandler boosted their price target on SkyWater Technology from $12.00 to $17.00 and gave the stock an "overweight" rating in a research note on Thursday, November 6th. Finally, Jefferies Financial Group raised SkyWater Technology to a "hold" rating in a research note on Tuesday, October 28th. Five research analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, SkyWater Technology currently has a consensus rating of "Moderate Buy" and a consensus target price of $21.50.
Read Our Latest Analysis on SKYT
Institutional Inflows and Outflows
A number of hedge funds have recently modified their holdings of SKYT. Federated Hermes Inc. acquired a new position in shares of SkyWater Technology during the 2nd quarter worth approximately $25,000. BNP Paribas Financial Markets increased its position in SkyWater Technology by 56.4% during the second quarter. BNP Paribas Financial Markets now owns 2,749 shares of the company's stock worth $27,000 after buying an additional 991 shares in the last quarter. Financial Management Professionals Inc. acquired a new position in shares of SkyWater Technology in the second quarter worth $32,000. CWM LLC raised its holdings in shares of SkyWater Technology by 320.2% in the first quarter. CWM LLC now owns 5,719 shares of the company's stock worth $41,000 after acquiring an additional 4,358 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its position in shares of SkyWater Technology by 814.1% in the third quarter. Russell Investments Group Ltd. now owns 2,468 shares of the company's stock valued at $46,000 after acquiring an additional 2,198 shares in the last quarter. 70.00% of the stock is owned by hedge funds and other institutional investors.
About SkyWater Technology
(
Get Free Report)
SkyWater Technology, Inc, together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits.
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