Yousif Capital Management LLC Buys 6,201 Shares of SK hynix Inc. $SKHY

Yousif Capital Management LLC bought a new position in SK hynix Inc. (NASDAQ:SKHY – Free Report) during the third quarter, according to the company in its most recent filing with the SEC. The firm bought 6,201 shares of the memory chip maker’s stock, valued at approximately $1,142,000.

Several other hedge funds have also added to or reduced their stakes in SKHY. Yarbrough Capital LLC bought a new position in shares of SK hynix during the third quarter valued at about $5,934,000. Lancaster Investment Management bought a new stake in shares of SK hynix in the 3rd quarter valued at about $34,103,000. Prime Capital Investment Advisors LLC bought a new stake in shares of SK hynix in the 3rd quarter valued at about $6,777,000. Capstone Capital Management Ltd purchased a new stake in SK hynix during the 3rd quarter valued at about $1,473,000. Finally, DUTCH ASSET Corp purchased a new stake in SK hynix during the 3rd quarter valued at about $2,066,000.

SK hynix Trading Down 7.9%

NASDAQ SKHY opened at $149.21 on Friday. The stock has a market capitalization of $1.09 trillion and a PE ratio of 11.81. The business has a fifty day moving average of $168.89. SK hynix Inc. has a 12 month low of $124.80 and a 12 month high of $199.87. The company has a debt-to-equity ratio of 0.06, a quick ratio of 2.29 and a current ratio of 2.59.

SK hynix (NASDAQ:SKHY – Get Free Report) last announced its quarterly earnings data on Wednesday, October 28th. The memory chip maker reported $3.84 EPS for the quarter, missing the consensus estimate of $5.96 by ($2.12). The company had revenue of $73.86 billion for the quarter, compared to the consensus estimate of $66.41 billion. As a group, analysts forecast that SK hynix Inc. will post 25.28 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

SKHY has been the topic of several recent research reports. Singular Research upgraded SK hynix to a “strong-buy” rating in a research report on Friday, July 10th. William Blair reiterated an “outperform” rating and issued a $154.00 price objective on shares of SK hynix in a research report on Friday. Wall Street Zen raised SK hynix to a “strong-buy” rating in a research note on Saturday, July 18th. Rosenblatt Securities raised their target price on shares of SK hynix from $320.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday. Finally, Weiss Ratings initiated coverage on shares of SK hynix in a report on Friday, October 2nd. They issued a “hold (c)” rating on the stock. Four investment analysts have rated the stock with a Strong Buy rating, ten have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $247.80.

View Our Latest Stock Report on SKHY

Key Headlines Impacting SK hynix

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

  • Positive Sentiment: SK hynix reported exceptionally strong third-quarter results, supported by rising DRAM and NAND average selling prices, expanding margins and surging artificial-intelligence-related demand. Analysts characterized the quarter as a potential turning point for the broader memory industry. SK hynix: A Bargain For The Ages (Earnings Analysis)
  • Positive Sentiment: Management indicated that available memory capacity is effectively sold out through 2029, reflecting sustained demand from AI infrastructure and data-center customers. The company is also accelerating HBM4 production and expanding capacity. SK Hynix Just Delivered Fantastic News for Micron
  • Positive Sentiment: Long-term agreements reportedly cover more than half of planned 2027–2028 capacity, improving revenue visibility and reducing exposure to the memory industry’s usual cyclicality. Strong cash generation, shareholder returns and a net-cash position further support the investment case. SK hynix: Despite Their Premium To The Korean Shares, The U.S. ADRs Are A Bargain
  • Positive Sentiment: RBC reaffirmed an Outperform rating, while Rosenblatt raised its price target. Other coverage continues to describe SKHY as undervalued relative to peers despite its superior growth and profitability. Royal Bank Of Canada Reaffirms Outperform Rating
  • Neutral Sentiment: SK hynix denied reports of a confirmed plan for a major U.S. NAND plant by its Solidigm subsidiary, limiting speculation about additional capital spending. SK hynix Denies Confirmed Plan for Massive U.S. NAND Plant
  • Negative Sentiment: The immediate catalyst for the decline is a broad technology sell-off following disappointing Amazon and Intel results. Weakness in Samsung, Micron and SanDisk has amplified pressure across the memory-chip sector, while some investors are questioning whether SKHY’s strong outlook is already reflected in its valuation. Why are Micron, SK Hynix, and SanDisk stocks falling on Friday?

About SK hynix

(Free Report)

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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Institutional Ownership by Quarter for SK hynix (NASDAQ:SKHY)

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