45,435 Shares of SK hynix Inc. $SKHY Purchased by International Assets Investment Management LLC

International Assets Investment Management LLC purchased a new position in SK hynix Inc. (NASDAQ:SKHY) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 45,435 shares of the memory chip maker’s stock, valued at approximately $8,367,000.

Several other institutional investors also recently bought and sold shares of the company. Calamos Wealth Management LLC purchased a new position in SK hynix in the third quarter worth about $8,293,000. Calamos Advisors LLC purchased a new stake in shares of SK hynix during the third quarter valued at approximately $309,000. Pekin Hardy Strauss Inc. bought a new stake in shares of SK hynix during the third quarter valued at approximately $347,000. Kestra Advisory Services LLC bought a new stake in shares of SK hynix during the third quarter valued at approximately $2,725,000. Finally, Quadcap Wealth Management LLC purchased a new position in SK hynix in the 3rd quarter worth approximately $323,000.

More SK hynix News

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

• Positive Sentiment: AI infrastructure spending continues to support demand for memory chips, with one report saying supply remains insufficient to meet needs. That outlook could benefit SK hynix’s memory business if demand stays strong. SK Hynix Just Announced Huge News for Micron Shareholders
• Neutral Sentiment: South Korean semiconductor exports jumped 93.7% in October, signaling robust industry demand. However, the report also noted bearish trading activity weighing on South Korean equities, so strong export figures have not translated into uniformly positive investor sentiment. South Korea’s Chip Exports Are Soaring—So Why Is This ETF Down 20?
• Negative Sentiment: A Wall Street sell-off in AI and technology stocks spread to Asia, pressuring SK hynix and other regional technology names. Reports cited investor concern about the cost of financing the AI build-out, while a separate account described continued selling in memory stocks as investors reduced exposure to AI-linked chipmakers. AI stock bloodbath hits Asia as Samsung, SK Hynix and SoftBank plunge Nasdaq sell-off batters Asian chip stocks
• Negative Sentiment: Qualcomm’s reported 26% handset-related plunge added to concerns about mobile demand and intensified the memory-chip sell-off, creating a potential headwind beyond AI-related demand. SK hynix Sinks 9% as Qualcomm’s 26% Handset Plunge Deepens Memory Chip Rout
• Negative Sentiment: Analyst concerns about SK hynix missing out on a U.S. plant and a reported delay in export approval for equipment bound for its China NAND facility raise questions about investment plans and execution. SK Hynix losing out on US plant has major implications, Wedbush says Why SK Hynix Plunged Today

Analyst Ratings Changes

Several equities analysts recently issued reports on the company. William Blair reaffirmed an “outperform” rating and issued a $154.00 price objective on shares of SK hynix in a research report on Friday, October 30th. Wall Street Zen raised SK hynix to a “strong-buy” rating in a report on Saturday, July 18th. Wells Fargo & Company restated a “buy” rating on shares of SK hynix in a research note on Wednesday, October 28th. Wolfe Research restated an “outperform” rating on shares of SK hynix in a research note on Wednesday, October 28th. Finally, Citigroup raised SK hynix to a “strong-buy” rating in a report on Wednesday, September 2nd. Four investment analysts have rated the stock with a Strong Buy rating, ten have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, SK hynix presently has an average rating of “Buy” and an average price target of $247.80.

SK hynix Stock Up 2.8%

SKHY opened at $127.34 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 2.59 and a quick ratio of 2.29. The firm’s 50 day moving average is $166.79. SK hynix Inc. has a twelve month low of $122.20 and a twelve month high of $199.87. The stock has a market capitalization of $930.21 billion and a PE ratio of 10.08.

SK hynix (NASDAQ:SKHY) last issued its quarterly earnings data on Wednesday, October 28th. The memory chip maker reported $3.84 earnings per share for the quarter, missing analysts’ consensus estimates 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 expect that SK hynix Inc. will post 25.24 earnings per share for the current year.

SK hynix Company Profile

SK hynix is a South Korean semiconductor company that develops and manufactures memory products for use in computers, mobile devices, data centers and other electronics. Its principal products include dynamic random-access memory (DRAM), NAND flash memory and high-bandwidth memory (HBM), as well as complementary metal-oxide-semiconductor (CMOS) image sensors.

The company’s memory products support applications ranging from personal computing and smartphones to servers, artificial intelligence systems and automotive electronics.