In a filing, SkyWater Technology Inc revealed its Director GRAVES GREGORY B unloaded Company’s shares for reported $0.1 million on Mar 14 ’25. In the deal valued at $8.11 per share,12,844 shares were sold. As a result of this transaction, GRAVES GREGORY B now holds 14,285 shares worth roughly $0.12 million.
Then, CMI Oxbow Partners, LLC bought 1,427,766 shares, generating $11,079,464 in total proceeds.
Before that, Unterseher Loren A bought 22,090 shares. SkyWater Technology Inc shares valued at $171,418 were divested by the 10% Owner at a price of $7.76 per share.
TD Cowen reiterated its SkyWater Technology Inc [SKYT] rating to an Outperform in a research note published on February 27, 2024; the price target was $15. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in late February has reiterated a ‘”a Buy”‘ rating for it. Craig Hallum began covering SKYT with “Buy” recommendation on April 26, 2022. Jefferies revised its rating on August 05, 2021. It rated SKYT as “a Hold” which previously was an “a Buy”.
Price Performance Review of SKYT
On Monday, SkyWater Technology Inc [NASDAQ:SKYT] saw its stock jump 3.31% to $8.42. Over the last five days, the stock has gained 9.42%. SkyWater Technology Inc shares have fallen nearly -38.99% since the year began. Nevertheless, the stocks have fallen -21.82% over the past one year. While a 52-week high of $19.00 was reached on 01/06/25, a 52-week low of $5.63 was recorded on 03/11/25. SMA at 50 days reached $10.22, while 200 days put it at $9.25.
Levels Of Support And Resistance For SKYT Stock
The 24-hour chart illustrates a support level at 8.25, which if violated will result in even more drops to 8.08. On the upside, there is a resistance level at 8.58. A further resistance level may holdings at 8.74. The Relative Strength Index (RSI) on the 14-day chart is 44.57, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.35, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 71.01%. Stochastics %K at 20.67% indicates the stock is a holding.
How much short interest is there in SkyWater Technology Inc?
A steep rise in short interest was recorded in SkyWater Technology Inc stocks on 2025-02-28, growing by 0.47 million shares to a total of 3.14 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 2.67 million shares. There was a rise of 14.82%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on July 16, 2021 when Needham began covering the stock and recommended ‘”a Buy”‘ rating along with a $40 price target.
