Stock market today: Nasdaq closes above 23,000 for first time as tech rebounds
Director Loren A Unterseher and entities he is associated with, CMI Oxbow Partners, LLC and Oxbow Industries, LLC, reported selling 60,767 shares of SkyWater Technology, Inc (NASDAQ:SKYT) common stock on August 29, 2025. The semiconductor company, currently valued at $515 million, has shown significant price volatility according to InvestingPro data, with a 33% gain over the past six months despite recent market fluctuations. The sales were executed at a weighted average price of $12.0811, resulting in a total transaction value of $734132.
The prices for the shares sold ranged from $12.00 to $12.26. Following the transaction, Unterseher directly holds 23,716 shares and indirectly holds millions of shares through various trusts and entities.
In other recent news, Skywater Technology Inc. reported its earnings for the second quarter of 2025. The company posted an earnings per share (EPS) of -$0.21, which did not meet the forecasted EPS of -$0.18. Additionally, Skywater Technology’s revenue reached $59.1 million, falling short of the anticipated $69.44 million. These results are significant for investors as they assess the company’s financial performance. The earnings announcement is a crucial development, providing insight into the company’s recent financial health. Analysts and investors alike will be closely monitoring these figures as they evaluate the company’s future prospects.
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