Altfest L J 13F: New $3.5M Stake in SK hynix (SKHY)
Key Points
- Altfest L J's new stake of 19,189 shares represents about 1.51% of its reported portfolio, ranking 15th among its holdings.
- The recent share price of SK hynix was around $142.62, which is about 2.5% below the closing price of $146.28 on October 27, 2026.
- Analysts have a positive outlook for SK hynix, with recent ratings including 'Outperform' from Wolfe Research and RBC Capital, both targeting $200.
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In a filing on October 27, 2026, Altfest L J reported a new position of 19,189 shares in SK hynix (SKHY), valued at approximately $3.54 million. This information comes from the fund's latest Form 13F filing with the SEC.
SKHY
SK hynix Inc.
What Changed in Altfest L J's SK hynix Position
Altfest L J opened a new position with 19,189 shares of SK hynix, representing a total value of about $3.54 million. This new purchase contributes to 1.51% of the fund's reported portfolio, ranking it 15th among its holdings.
Where SK hynix Fits in Altfest L J's Portfolio
This new position is significant for Altfest L J, as it adds a fresh stake to their portfolio. The 19,189 shares represent a notable entry into the semiconductor sector, with an estimated gain potential yet to be determined due to a missing cost basis.
Other Institutional Activity in SK hynix
Several other funds have also made moves in SK hynix recently. Asset Management One holds 117,044 shares valued at about $21.55 million. Unicom Systems, Inc. has 178,600 shares worth around $25.96 million, while Sarasin & Partners LLP owns 318,139 shares valued at about $46.24 million.
SK hynix Inc. Stock Up 8.3%
As of October 28, 2026, SK hynix shares recently traded around $142.62, which is about 2.5% below the event closing price of $146.28 on October 27, 2026. This pricing indicates that the stock is currently experiencing some downward pressure compared to its recent close.
Recent Earnings
SK hynix reported trailing twelve-month revenue of approximately $189.17 billion, with an EPS of $15.68. The company's strong financials reflect its robust position in the semiconductor industry.
Insider Buying and Selling at SK hynix Inc.
There were no reported insider trades at SK hynix during this period.
Analysts Set New Price Targets
On August 4, 2026, Wolfe Research and RBC Capital both initiated coverage on SK hynix with an 'Outperform' rating and a price target of $200. Additionally, Needham maintained a 'Buy' rating with a revised target of $220 on August 24, 2026. Cantor Fitzgerald also maintained an 'Overweight' rating with a target of $250 on October 26, 2026.
About SK hynix
SK hynix Inc. is a major player in the semiconductor industry, involved in the research, development, and manufacturing of memory and non-memory semiconductor products. The company operates globally, providing a range of products including DRAM and NAND flash memory, which are essential for various electronic devices.
Bottom Line
Investors will be watching for further developments in SK hynix, particularly as analysts maintain a positive outlook. Altfest L J's new position may signal confidence in the company's growth potential. The next earnings date and further institutional filings will be key to watch as this story unfolds.
Related Filing Alerts
Source: Altfest L J's 13F filing on $SKHY (Oct 27, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts