SkyWater Technology Inc (NASDAQ: SKYT) is 44.34% higher on its value in year-to-date trading and has touched a low of $5.63 and a high of $19.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SKYT stock was last observed hovering at around $9.48 in the last trading session, with the day’s gains setting it 646.6%.
Currently trading at $656.08K, the stock is 15.43% and 26.08% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.0 million and changing 997711% at the moment leaves the stock 12.97% off its SMA200. SKYT registered -24.28% loss for a year compared to 6-month loss of -24.00%. The firm has a 50-day simple moving average (SMA 50) of $8.2885 and a 200-day simple moving average (SMA200) of $9.250475.
The stock witnessed a 10.23% gain in the last 1 month and extending the period to 3 months gives it a 34.66%, and is 17.68% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.42% over the week and 5.48% over the month.
SkyWater Technology Inc (SKYT) has around 702 employees, a market worth around $501.99M and $323.93M in sales. Fwd P/E is 68.13. Profit margin for the company is -2.60%. Distance from 52-week low is 85.61% and -45.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.81%).
The EPS is expected to shrink by -225.73% this year
178.0 institutions hold shares in SkyWater Technology Inc (SKYT), with institutional investors hold 57.73% of the company’s shares. The shares outstanding are 48.04M, and float is at 25.48M with Short Float at 14.08%. Institutions hold 31.03% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 1.56 million shares valued at $11.96 million. The investor’s holdings represent 3.2987 of the SKYT Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 1.38 million shares valued at $10.56 million to account for 2.9129 of the shares outstanding. The other top investors are EMERALD ADVISERS, LLC which holds 1.09 million shares representing 2.3102 and valued at over $8.38 million, while BAILLIE GIFFORD & CO holds 2.1256 of the shares totaling 1.01 million with a market value of $7.71 million.
SkyWater Technology Inc (SKYT) Insider Activity
SkyWater Technology Inc disclosed in a document filed with the SEC on Jun 12 ’25 that Unterseher Loren A (Director) sold a total of 900 shares of the company’s common stock. The trade occurred on Jun 12 ’25 and was made at $9.13 per share for $8214.0. Following the transaction, the insider now directly holds 10.45 million shares of the SKYT stock.
Still, SEC filings show that on Jun 11 ’25, Unterseher Loren A (Director) disposed off 67,345 shares at an average price of $9.44 for $0.64 million. The insider now directly holds 10,446,708 shares of SkyWater Technology Inc (SKYT).
