Thomas Sonderman, the CEO of SkyWater Technology Inc (SKYT, Financial), sold 18,989 shares of the company on February 9, 2024, according to a recent SEC Filing. SkyWater Technology Inc is a semiconductor company that specializes in custom technology development services, volume manufacturing, and advanced packaging capabilities for a range of high-growth markets, including aerospace and defense, automotive, biomedical, cloud and computing, consumer, industrial, and the Internet of Things.
Over the past year, the insider has sold a total of 85,918 shares and has not made any purchases of the company's stock.
The insider transaction history for SkyWater Technology Inc shows a pattern of insider selling, with 57 insider sells and no insider buys over the past year.
On the day of the insider's recent sell, shares of SkyWater Technology Inc were trading at $10.01, resulting in a market cap of $493.758 million.
The stock's price-to-GF-Value ratio stands at 0.77, with a GF Value of $13.01, indicating that SkyWater Technology Inc is considered Modestly Undervalued according to GuruFocus's valuation.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's historical returns and growth, and future business performance estimates provided by Morningstar analysts.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
