<div id="readability-page-1"><p>SkyWater Technology, Inc. (NASDAQ:SKYT - Get Free Report)'s stock price dropped 6.8% during mid-day trading on Tuesday . The company traded as low as $13.57 and last traded at $13.7750. Approximately 240,817 shares changed hands during trading, a decline of 79% from the average daily volume of 1,138,302 shares. The stock had previously closed at $14.78.</p><div><p><span></span><span>Get <strong>SkyWater Technology</strong> alerts:</span></p></div><h2>Analyst Upgrades and Downgrades</h2><ul><li>Big Rallies Brewing? 3 Analyst Favorites to Watch Closely</li></ul><p>A number of equities analysts have recently weighed in on SKYT shares. Cowen  reaffirmed a &#34;buy&#34; rating on shares of SkyWater Technology in a research note on Thursday, November 6th. Wall Street Zen upgraded SkyWater Technology from a &#34;sell&#34; rating to a &#34;hold&#34; rating in a report on Friday, September 5th. Jefferies Financial Group upgraded SkyWater Technology to a &#34;hold&#34; rating in a report on Tuesday, October 28th. Piper Sandler lifted their target price on shares of SkyWater Technology from $12.00 to $17.00 and gave the company an &#34;overweight&#34; rating in a research note on Thursday, November 6th. Finally, Needham &amp; Company LLC raised their price target on shares of SkyWater Technology from $15.00 to $20.00 and gave the company a &#34;buy&#34; rating in a report on Thursday, November 6th. Five equities research analysts have rated the stock with a Buy rating, one  has issued  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to data from MarketBeat, SkyWater Technology  has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $21.50.</p><p><b>View Our Latest Stock Analysis on SKYT</b></p><h2>SkyWater Technology Stock Down 2.8%</h2><ul><li>Quantum Opportunity: Skywater Technology's Long-Term Potential</li></ul><p>The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 0.67. The firm has a market cap of $696.85 million, a price-to-earnings ratio of 5.54 and a beta of 3.50. The business's 50-day moving average is $16.91 and its 200-day moving average is $12.48. </p><p>SkyWater Technology (NASDAQ:SKYT - Get Free Report) last posted its quarterly earnings data on Wednesday, November 5th. The company reported $0.24 earnings per share for the quarter, topping the consensus estimate of ($0.17) by $0.41. The firm had revenue of $150.74 million during the quarter, compared to analysts' expectations of $135.50 million. SkyWater Technology had a net margin of 36.36% and a negative return on equity of 4.96%.  SkyWater Technology has set its Q4 2025 guidance at -0.080-0.040 EPS. On average, equities analysts predict that  SkyWater Technology, Inc. will post -0.22 EPS for the current year. </p><h2>Insider Buying and Selling at SkyWater Technology</h2><p>In related news, CFO Steve Manko sold 50,000 shares of the company's stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $17.40, for a total transaction of $870,000.00. Following the completion of the sale, the chief financial officer owned 277,122 shares of the company's stock, valued at $4,821,922.80. This represents a 15.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Loren A. Unterseher sold 9,662 shares of SkyWater Technology stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $16.26, for a total value of $157,104.12. Following the sale, the director directly owned 4,787,394 shares in the company, valued at $77,843,026.44. The trade was a 0.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 1,421,392 shares of company stock valued at $18,240,609 in the last quarter. Company insiders own  37.85% of the company's stock. </p><h2>Institutional Investors Weigh In On SkyWater Technology</h2><p>Hedge funds have recently added to or reduced their stakes in the company. Millennium Management LLC boosted its holdings in  SkyWater Technology by 3,396.4% in the third quarter. Millennium Management LLC now owns 775,364 shares of the company's stock valued at $14,468,000 after acquiring an additional 753,188 shares in the last quarter.  Emerald Advisers LLC increased its holdings in shares of  SkyWater Technology by 36.2% in the 2nd quarter. Emerald Advisers LLC now owns 1,362,983 shares of the company's stock worth $13,412,000 after buying an additional 362,267 shares during the last quarter.  Federated Hermes Inc. boosted its position in shares of  SkyWater Technology by 13,712.9% during the third quarter. Federated Hermes Inc. now owns 347,119 shares of the company's stock valued at $6,477,000 after buying an additional 344,606 shares during the period.  Nuveen LLC purchased a new position in shares of  SkyWater Technology during the first quarter worth approximately $1,919,000.  Finally, Erste Asset Management GmbH grew its holdings in  SkyWater Technology by 21.7% during the 3rd quarter. Erste Asset Management GmbH now owns 1,400,000 shares of the company's stock worth $25,508,000 after acquiring an additional 250,000 shares in the last quarter. Institutional investors own  70.00% of the company's stock. </p><h2>SkyWater Technology Company Profile</h2> (Get Free Report)<p>SkyWater Technology, Inc, together with its subsidiaries, operates as a pure-play technology foundry that engages in the provision of semiconductor development, manufacturing, and packaging services in the United States. The company offers engineering and process development support services to co-create technologies with customers; and semiconductor manufacturing services for various silicon-based analog and mixed-signal, micro-electromechanical systems, and rad-hard integrated circuits.</p><h2>Recommended Stories</h2><ul><li>Five stocks we like better than SkyWater Technology</li><li>3 Home Improvement Stocks that Can Upgrade Your Portfolio</li><li>A New Leader at Six Flags: Is the Roller Coaster Over? </li><li>Using the MarketBeat Stock Split Calculator</li><li>3 Reasons Baidu Could Be the Dark Horse of Global AI</li><li>Best Energy Stocks - Energy Stocks to Buy Now</li><li>Betting on the Backbone: 3 AI Infrastructure Stocks </li></ul><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in SkyWater Technology Right Now?</h2><p>Before you consider SkyWater Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and SkyWater Technology wasn't on the list.</p><p>While SkyWater Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

SKYT

<p>SkyWater Technology's stock price fell 6.8% during mid-day trading, with a significant drop in trading volume. Analysts have mixed ratings, with some upgrading the stock and others maintaining a buy rating. The company reported better-than-expected quarterly earnings, but insiders have been selling shares. Institutional investors have adjusted their stakes, with some increasing their holdings significantly.</p>

SkyWater Technology (NASDAQ:SKYT) Stock Price Down 6.8% - What's Next?