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

MADDEN SECURITIES Corp bought a new position in SK hynix Inc. (NASDAQ:SKHY) in the third quarter, Holdings Channel reports. The firm bought 22,733 shares of the memory chip maker’s stock, valued at approximately $4,186,000. SK hynix makes up about 1.1% of MADDEN SECURITIES Corp’s investment portfolio, making the stock its 25th largest position.

Other hedge funds have also recently made changes to their positions in the company. Lancaster Investment Management purchased a new position in shares of SK hynix during the 3rd quarter valued at $34,103,000. Prime Capital Investment Advisors LLC bought a new stake in SK hynix in the 3rd quarter valued at about $6,777,000. Yarbrough Capital LLC bought a new stake in SK hynix in the 3rd quarter valued at about $5,934,000. Park Avenue Securities LLC bought a new stake in SK hynix in the 3rd quarter valued at about $4,488,000. Finally, SBI Securities Co. Ltd. purchased a new stake in SK hynix during the third quarter valued at about $4,214,000.

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

Analyst Ratings Changes

A number of equities analysts have weighed in on SKHY shares. Wolfe Research reiterated an “outperform” rating and set a $250.00 target price on shares of SK hynix in a research report on Wednesday, September 23rd. JPMorgan Chase & Co. assumed coverage on shares of SK hynix in a research note on Thursday, September 10th. They issued an “overweight” rating and a $245.00 target price for the company. Cantor Fitzgerald lowered their price target on shares of SK hynix from $300.00 to $250.00 and set an “overweight” rating on the stock in a research report on Monday. William Blair began coverage on shares of SK hynix in a research note on Tuesday, August 4th. They set an “outperform” rating on the stock. Finally, UBS Group initiated coverage on shares of SK hynix in a report on Wednesday, July 29th. They issued a “buy” rating and a $204.00 price objective for the company. Four investment analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, SK hynix presently has a consensus rating of “Buy” and a consensus target price of $247.67.

SK hynix Price Performance

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

SK hynix (NASDAQ:SKHY) last released its quarterly earnings data on Tuesday, August 18th. The memory chip maker reported $8.48 earnings per share (EPS) for the quarter. The company had revenue of $51.19 billion for the quarter. As a group, equities research analysts predict that SK hynix Inc. will post 25.69 earnings per share for the current year.

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.