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Director Loren A. Unterseher of SkyWater Technology, Inc (NASDAQ:SKYT), recently sold a total of 14,200 shares of common stock. On November 13, 2025, 2,200 shares were sold at a weighted average price of $20.5472, for a total of $45,204. The prices for these shares ranged from $20.50 to $20.77. Following this, on November 17, 2025, another 12,000 shares were sold at a weighted average price of $17.451, totaling $209,412. These shares were sold in a price range of $17.25 to $17.505. The stock has since declined further to $16.59, representing a significant 24.8% drop over the past week according to InvestingPro data. Despite this recent volatility, SKYT trades at a relatively low P/E ratio of 6.3.
On October 3, 2025, Unterseher also gifted a total of 3,725,752 shares of SkyWater Technology common stock. 2,480,746 shares were disposed of by 2023 grantor retained annuity trust, while 457,232 shares were acquired by trust for benefit of son, 457,232 shares were acquired by trust for benefit of son, 457,232 shares were acquired by trust for benefit of daughter, 457,232 shares were acquired by trust for benefit of daughter and 651,818 shares were acquired by Revocable Trust. The price for these shares was $0. Despite recent insider selling, SKYT has delivered impressive returns of 110% over the past year and 87% over the last six months. InvestingPro analysis suggests the stock may be overvalued at current levels, with analysts setting price targets between $17-$25.
In other recent news, SkyWater Technology reported its third-quarter 2025 earnings with mixed results. The company achieved a revenue of $150.7 million, which exceeded its own guidance but did not meet analyst expectations of $81.98 million. Earnings per share were reported at $0.24, significantly missing the forecast of $-0.17. In addition to its earnings report, SkyWater Technology announced a collaboration with QuamCore, a quantum hardware company. This multi-million-dollar partnership aims to develop superconducting fabrication processes for QuamCore’s Single Flux Quantum digital controller chip. The collaboration focuses on co-developing a superconducting fabrication process to integrate SFQ digital control circuits with superconducting qubit arrays. This effort is intended to address challenges in quantum computing scalability, such as wiring density and system complexity. These developments highlight SkyWater Technology’s ongoing efforts in advancing quantum computing technologies.
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