6,535 Shares in SK hynix Inc. $SKHY Acquired by Pinnacle Wealth Planning Services Inc.

Pinnacle Wealth Planning Services Inc. bought a new position in shares of SK hynix Inc. (NASDAQ:SKHY) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor bought 6,535 shares of the memory chip maker’s stock, valued at approximately $1,203,000.

Other large investors have also made changes to their positions in the company. Ramsey Quantitative Systems acquired a new stake in SK hynix in the 3rd quarter valued at $30,000. Financial Management Professionals Inc. acquired a new position in SK hynix during the third quarter worth $129,000. Albion Financial Group UT acquired a new position in SK hynix during the third quarter worth $184,000. Boyd Wealth Management LLC acquired a new position in SK hynix during the third quarter worth $238,000. Finally, Leslie Global Wealth LLC purchased a new position in SK hynix during the third quarter valued at $243,000.

Trending Headlines about SK hynix

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

• Positive Sentiment: Record earnings exceeded expectations: Third-quarter revenue reached 104.6 trillion won, while operating profit surged 632.1% year over year. Strong pricing for DRAM, NAND and high-bandwidth memory (HBM), including HBM4, drove substantial margin expansion and profit growth. SK Hynix third-quarter profit sharply beats estimates on AI memory boost
• Positive Sentiment: AI memory demand remains exceptionally strong: Management indicated that DRAM and HBM capacity is effectively sold out through 2029, with supply expected to remain below demand into 2030. Long-term agreements already cover more than half of planned 2027–2028 capacity, improving visibility into future revenue and pricing. SK Hynix Says Memory Is Sold Out Through 2029
• Positive Sentiment: Shareholder returns could support valuation: SK hynix outlined a shareholder-return plan totaling approximately 100 trillion won, including dividends and share cancellations. The CFO also said the stock is undervalued, reinforcing the bullish interpretation of the company’s cash-generation outlook. SK Hynix Stock Is Undervalued, CFO Says
• Positive Sentiment: Analyst and sector optimism broadened: RBC reaffirmed an Outperform rating, while Rosenblatt raised its price target. Commentators said SK hynix’s results support a broader rally in AI and memory stocks, including Micron, and suggest that data-center demand remains resilient despite skepticism about AI infrastructure spending. Jim Cramer sees major implications from SK Hynix’s home-run quarter

Wall Street Analyst Weigh In

Several brokerages have recently issued reports on SKHY. Stifel Nicolaus began coverage on shares of SK hynix in a research report on Tuesday, August 4th. They issued a “buy” rating and a $240.00 target price on the stock. Zacks Research upgraded shares of SK hynix to a “hold” rating in a research report on Friday, July 24th. Wall Street Zen raised shares of SK hynix to a “strong-buy” rating in a research note on Saturday, July 18th. Citigroup raised shares of SK hynix to a “strong-buy” rating in a research note on Wednesday, September 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $200.00 price objective on shares of SK hynix in a report on Wednesday. Four investment analysts have rated the stock with a Strong Buy rating, ten have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat, SK hynix presently has a consensus rating of “Buy” and a consensus target price of $258.22.

SK hynix Stock Performance

Shares of SKHY opened at $164.70 on Thursday. The stock’s 50 day moving average price is $169.05. SK hynix Inc. has a one year low of $124.80 and a one year high of $199.87. 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 stock has a market capitalization of $1.20 trillion and a PE ratio of 13.04.

SK hynix (NASDAQ:SKHY) last announced 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). On average, analysts predict that SK hynix Inc. will post 25.69 earnings per share for the current year.

SK hynix Company Profile

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.