President Thomas’s Recent Share Sales Raise Questions for SkyWater Technology, Investors
May 25, 2023
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SKYWATER ($NASDAQ:SKYT): SkyWater Technology, Inc. is a technology solutions provider that has been rapidly growing in recent years. Its stock has been consistently increasing as the company attracts more attention from investors. Recently, Thomas Arnold, the President of SkyWater Technology, has raised some eyebrows with his recent decisions to sell some of his shares. This decision to sell his stock has created questions among investors as to what his motives may be. Is Arnold really selling to capitalize on the growth of the company, or is he looking to cash out on the success and move onto other projects?
Only time will tell. In the meantime, investors are still monitoring the stock for any further changes in ownership or plans from Arnold and SkyWater Technology. Investors are encouraged to do their own research and make their own decisions as to if they should buy or sell shares in the company.
Market Price
On Monday, SKYWATER TECHNOLOGY, INC. stock opened at $10.0 and closed at $10.5, up by 2.6% from prior closing price of 10.3. This came after news that President Thomas had sold close to two million shares of SKYWATER TECHNOLOGY stock in the previous week. Notably, this was the largest sell-off of company stock by President Thomas in the past year. The sudden sale of a large portion of company stock has raised questions among investors about the future prospects of SKYWATER TECHNOLOGY, INC.
The sale of stock has lead to speculation about the company’s financial status and its path for growth in the coming months. Analysts and investors alike are now speculating if President Thomas has insider knowledge of something that is not yet public, or if his decision to sell was based on non-financial reasons such as retirement plans or personal investments. Ultimately, investors will be carefully watching the stock price and any related developments to see if the recent share sale will have an impact on SKYWATER TECHNOLOGY, INC.’s future performance and value in the market. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Skywater Technology. More…
| Total Revenues | Net Income | Net Margin |
| 230.91 | -27.26 | -11.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Skywater Technology. More…
| Operations | Investing | Financing |
| -14.59 | -15.7 | 37.7 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Skywater Technology. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 292.83 | 235.35 | 1.27 |
Key Ratios Snapshot
Some of the financial key ratios for Skywater Technology are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 15.9% | – | -7.4% |
| FCF Margin | ROE | ROA |
| -13.1% | -19.3% | -3.6% |
Analysis
At GoodWhale, we recently analyzed the financials of SKYWATER TECHNOLOGY and have determined that the company is a medium risk investment based on our Risk Rating. We found 3 risk warnings during our thorough analysis of the company’s income statement, balance sheet, and cash flow statement. With our platform, you can easily register to find out more details about these risk warnings. Our ratings are designed to provide a reliable source of information for investors looking to make thoughtful decisions. With our careful analysis of SKYWATER TECHNOLOGY, we are confident that you will have the best understanding of their financials and be able to make an informed investment decision. More…
Peers
The competition in the semiconductor market is heating up as more and more companies enter the fray. Among them is SkyWater Technology Inc, which is looking to make a name for itself in the industry. It is up against some stiff competition from the likes of Suzhou Oriental Semiconductor Co Ltd, China Chippacking Technology Co Ltd, and Shinko Electric Industries Co Ltd.
– Suzhou Oriental Semiconductor Co Ltd ($SHSE:688261)
Suzhou Oriental Semiconductor Co Ltd is a Chinese company that manufactures semiconductors. The company has a market cap of 18.54B as of 2022 and a Return on Equity of 6.53%. The company’s products are used in a variety of electronic devices, including smartphones, televisions, and computers.
– China Chippacking Technology Co Ltd ($SHSE:688216)
China Chippacking Technology Co Ltd is a leading provider of advanced semiconductor packaging and testing services in China. The company has a market cap of 2.69B as of 2022 and a ROE of 4.17%. China Chippacking Technology Co Ltd offers a full range of packaging and testing services for a wide range of semiconductor devices, including logic, memory, and analog devices. The company’s advanced packaging and testing capabilities enable it to meet the stringent requirements of the most demanding applications.
– Shinko Electric Industries Co Ltd ($TSE:6967)
Shinko Electric Industries Co Ltd is a Japanese company that manufactures and sells electronic components and devices. The company has a market capitalization of 457.28 billion as of 2022 and a return on equity of 26.21%. Shinko Electric Industries Co Ltd manufactures products such as capacitors, resistors, and inductors. The company also sells products such as semiconductors, printed circuit boards, and LCDs.
Summary
SkyWater Technology, Inc. is a publicly-traded company whose stock is traded in the NASDAQ Global Market. Investors interested in SkyWater should consider conducting an analysis of the company’s financial performance, competitive position, and future prospects. It is important to note that the President, Thomas Sonderman, recently sold some shares. When determining whether to invest in a company like SkyWater, it is important to examine its past performance, financial position, strategic initiatives, R&D investments, and competitive market position.
Additionally, investors should look for signals in the company’s earnings reports, analyst ratings, and recent news about the organization. Taking all these factors into consideration can help investors make an informed decision when it comes to SkyWater.
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