2 weeks Ago By ABMN Staff
XTX Topco Ltd increased its position in SkyWater Technology, Inc. ( NASDAQ:SKYT – Free Report ) by 19.5% in the 2nd quarter, according to the company in its most recent filing with the SEC.
The fund owned 30,836 shares of the company’s stock after acquiring an additional 5,038 shares during the quarter. XTX Topco Ltd’s holdings in SkyWater Technology were worth $236,000 as of its most recent SEC filing. Several other large investors also recently added to or reduced their stakes in SKYT.
Gabelli Funds LLC increased its holdings in SkyWater Technology by 2.1% in the 4th quarter. Gabelli Funds LLC now owns 61,202 shares of the company’s stock worth $589,000 after acquiring an additional 1,275 shares during the last quarter.
Janney Montgomery Scott LLC purchased a new stake in SkyWater Technology in the 1st quarter worth about $119,000. Cetera Advisors LLC increased its holdings in SkyWater Technology by 9.3% in the 1st quarter.
Cetera Advisors LLC now owns 21,391 shares of the company’s stock worth $218,000 after acquiring an additional 1,816 shares during the last quarter. Baillie Gifford & Co. increased its holdings in SkyWater Technology by 4.
4% in the 2nd quarter. Baillie Gifford & Co. now owns 1,007,449 shares of the company’s stock worth $7,707,000 after acquiring an additional 42,649 shares during the last quarter.
Finally, Allspring Global Investments Holdings LLC increased its holdings in SkyWater Technology by 98,866.7% in the 2nd quarter. Allspring Global Investments Holdings LLC now owns 11,876 shares of the company’s stock worth $91,000 after acquiring an additional 11,864 shares during the last quarter.
Hedge funds and other institutional investors own 70.00% of the company’s stock. Wall Street Analysts Forecast Growth Separately, Piper Sandler reduced their target price on SkyWater Technology from $14.
00 to $9.00 and set an “overweight” rating for the company in a report on Thursday, August 8th. Insider Buying and Selling In related news, Director Loren A.
Unterseher sold 2,673 shares of the business’s stock in a transaction that occurred on Friday, August 23rd. The stock was sold at an average price of $10.00, for a total value of $26,730.
00. Following the completion of the sale, the director now owns 13,019,620 shares in the company, valued at approximately $130,196,200. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link .
42.55% of the stock is currently owned by corporate insiders. SkyWater Technology Stock Performance Shares of SKYT opened at $9.
04 on Friday. The company has a market cap of $429.22 million, a PE ratio of -13.
10 and a beta of 3.96. The company has a current ratio of 0.
90, a quick ratio of 0.79 and a debt-to-equity ratio of 0.66.
The stock has a 50-day moving average price of $8.55 and a 200-day moving average price of $8.64.
SkyWater Technology, Inc. has a 12-month low of $4.73 and a 12-month high of $12.
97. SkyWater Technology ( NASDAQ:SKYT – Get Free Report ) last issued its quarterly earnings results on Wednesday, August 7th. The company reported ($0.
03) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.15) by $0.12.
The firm had revenue of $93.33 million during the quarter, compared to the consensus estimate of $82.50 million.
SkyWater Technology had a negative return on equity of 21.68% and a negative net margin of 7.88%.
As a group, equities analysts forecast that SkyWater Technology, Inc. will post -0.26 earnings per share for the current fiscal year.
About SkyWater Technology ( 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. Recommended Stories Want to see what other hedge funds are holding SKYT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for SkyWater Technology, Inc. ( NASDAQ:SKYT – Free Report ). Receive News & Ratings for SkyWater Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for SkyWater Technology and related companies with MarketBeat.
com's FREE daily email newsletter ..
