22,733 Shares of SK hynix Inc. $SKHY Bought by MADDEN SECURITIES Corp

MADDEN SECURITIES Corp purchased a new stake in shares of SK hynix Inc. (NASDAQ:SKHY) in the third quarter, according to the company in its most recent filing with the SEC. The fund purchased 22,733 shares of the memory chip maker’s stock, valued at approximately $4,186,000. SK hynix comprises 1.1% of MADDEN SECURITIES Corp’s investment portfolio, making the stock its 25th largest position.

A number of other hedge funds have also added to or reduced their stakes in SKHY. Ramsey Quantitative Systems purchased a new stake in shares of SK hynix in the third quarter worth approximately $30,000. Financial Management Professionals Inc. bought a new position in shares of SK hynix in the third quarter valued at approximately $129,000. Albion Financial Group UT purchased a new position in shares of SK hynix during the third quarter valued at approximately $184,000. Boyd Wealth Management LLC purchased a new position in shares of SK hynix during the third quarter valued at approximately $238,000. Finally, Leslie Global Wealth LLC purchased a new position in shares of SK hynix during the third quarter valued at approximately $243,000.

Key SK hynix News

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

• Positive Sentiment: Strong AI demand remains the primary catalyst. Reports indicate SK hynix has sold out much of its high-bandwidth memory (HBM) capacity to top-tier customers, while rising DRAM prices and demand for AI data-center storage support expectations for record quarterly profits. The Memory Bottleneck Divide: SK Hynix Sells out to Tier-1s, Micron Absorbs the Spills
• Positive Sentiment: Investor sentiment across South Korean chipmakers improved after Anthropic filed for a potential IPO, reinforcing expectations for sustained AI spending. Foreign buying helped lift SK hynix and Samsung shares. Samsung, SK Hynix surge to revive Kospi
• Positive Sentiment: RBC said SK hynix could benefit from a prolonged memory upcycle, and Cantor Fitzgerald maintained an overweight rating despite lowering its price target to $250. The company has also completed a large share buyback, potentially supporting shareholder returns. SK Hynix Seen Benefiting From Prolonged Memory Upcycle
• Neutral Sentiment: SK hynix’s Solidigm unit is reportedly discussing a potential $45 billion investment in a U.S. chip plant. The project could strengthen its strategic position and customer relationships, although the scale raises questions about capital spending and returns. SK Hynix’s Solidigm Reportedly In Talks Over $45B Investment In US Chip Plant
• Negative Sentiment: Investors face substantial earnings-event risk. Analysts expect strong results, but heavy capital expenditures, margin uncertainty and a high expectations bar could trigger volatility if guidance disappoints. Options markets are implying an approximately 6.7% post-earnings swing. Is SK Hynix Stock a Buy Before Q3 Earnings?
• Negative Sentiment: Reports of a potential $12 billion special dividend tied to SK hynix’s Kioxia investment supported the rally, but the company denied the specific special-dividend report and promised only a broader shareholder-return plan. This reduces certainty around a near-term cash payout. SK hynix Denies Report of Special Dividend

SK hynix Stock Up 1.9%

Shares of NASDAQ:SKHY opened at $145.36 on Wednesday. SK hynix Inc. has a 1 year low of $124.80 and a 1 year high of $199.87. The company has a fifty day simple moving average of $168.87.

SK hynix (NASDAQ:SKHY) last released its earnings results on Tuesday, August 18th. The memory chip maker reported $8.48 EPS for the quarter. The business had revenue of $51.19 billion for the quarter. On average, equities analysts forecast that SK hynix Inc. will post 25.69 EPS for the current fiscal year.

Analyst Ratings Changes

SKHY has been the subject of several recent research reports. Wedbush raised SK hynix to a “strong-buy” rating in a research report on Tuesday, August 4th. Royal Bank Of Canada assumed coverage on SK hynix in a research note on Tuesday, August 4th. They set an “outperform” rating and a $200.00 price objective on the stock. Barclays cut their price objective on shares of SK hynix from $330.00 to $300.00 and set an “overweight” rating on the stock in a report on Thursday, July 30th. Rosenblatt Securities started coverage on shares of SK hynix in a report on Tuesday, August 4th. They set a “buy” rating and a $320.00 price objective on the stock. Finally, Zacks Research upgraded shares of SK hynix to a “hold” rating in a research note on Friday, July 24th. Four research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus target price of $247.67.

About SK hynix

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.