SkyWater Technology CFO Sells 91,109 Shares for $2.54 Million
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 2 days ago
0mins
Should l Buy SKYT?
Source: Fool
- Sale Overview: SkyWater Technology CFO Steve Manko sold 91,109 shares of common stock on March 16, 2026, for approximately $2.54 million, while still holding 215,166 shares valued at around $6 million, indicating significant ongoing investment in the company.
- Transaction Context: This sale exceeded the recent median of 50,000 shares per transaction, with 29.75% of his holdings sold compared to a median of 14.03%, reflecting a strategic approach to his equity position.
- Financial Performance Highlights: SkyWater reported a record revenue of $442.14 million for 2025, a 29% increase year-over-year, and turned a profit of $118.9 million, although Q4 revenue of $171 million saw gross margins drop to 14.9% due to rising tooling costs.
- Investor Considerations: While Manko's sale was executed under a prearranged 10b5-1 plan and he retains a significant stake, investors should focus on SkyWater's ability to sustain growth in the capital-intensive semiconductor industry while managing profitability amid recent capacity expansions.
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Analyst Views on SKYT
Wall Street analysts forecast SKYT stock price to fall
5 Analyst Rating
5 Buy
0 Hold
0 Sell
Strong Buy
Current: 29.200
Low
17.00
Averages
21.50
High
25.00
Current: 29.200
Low
17.00
Averages
21.50
High
25.00
About SKYT
SkyWater Technology, Inc. is an independent, pure-play technology foundry that offers advanced semiconductor development and manufacturing services. The Company’s Technology-as-a-Service (TaaS) model leverages a foundation of proprietary technology, engineering know-how capabilities, and microelectronics manufacturing capacity to co-develop process technology intellectual property (IP) with its customers that enable disruptive concepts through its Advanced Technology Services (ATS) for diverse microelectronics (integrated circuits (ICs)) and related micro- and nanotechnology applications. In addition to differentiated technology development services, it supports customers with volume production of ICs for high-growth markets through its Wafer Services. Its Wafer Services include the manufacture of silicon-based analog and mixed-signal ICs for its end markets. Through its ATS model, it specializes in co-creating advanced solutions with its customers that directly serve its end markets.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
SkyWater Technology CFO Sells Shares for $2.54 Million
- Stock Sale Details: On March 16, 2026, SkyWater Technology's CFO Steve Manko sold 91,109 shares of common stock for approximately $2.54 million at an average price of $27.84 per share, representing 29.75% of his direct holdings, indicating a significant adjustment in his equity stake.
- Holding Change Analysis: Following the transaction, Manko's direct holdings decreased to 215,166 shares, yet he still retains over $6 million in stock, suggesting ongoing confidence in the company's future prospects despite the sale.
- Financial Performance Overview: SkyWater Technology reported a record revenue of $442.1 million for 2025, marking a 29% increase year-over-year, and successfully turned a profit with a net income of $118.9 million, highlighting strong growth potential in the semiconductor sector.
- Market Challenges and Outlook: Although fourth-quarter revenue reached $171 million, gross margins fell to 14.9% due to rising tooling costs, reflecting the company's struggle between rapid growth and margin pressure, raising questions about its ability to sustain profitability moving forward.
See More
SkyWater Technology CFO Sells 91,109 Shares for $2.54 Million
- Sale Overview: SkyWater Technology CFO Steve Manko sold 91,109 shares of common stock on March 16, 2026, for approximately $2.54 million, while still holding 215,166 shares valued at around $6 million, indicating significant ongoing investment in the company.
- Transaction Context: This sale exceeded the recent median of 50,000 shares per transaction, with 29.75% of his holdings sold compared to a median of 14.03%, reflecting a strategic approach to his equity position.
- Financial Performance Highlights: SkyWater reported a record revenue of $442.14 million for 2025, a 29% increase year-over-year, and turned a profit of $118.9 million, although Q4 revenue of $171 million saw gross margins drop to 14.9% due to rising tooling costs.
- Investor Considerations: While Manko's sale was executed under a prearranged 10b5-1 plan and he retains a significant stake, investors should focus on SkyWater's ability to sustain growth in the capital-intensive semiconductor industry while managing profitability amid recent capacity expansions.
See More
Investor Rights Law Firm Investigates Multiple Companies for Potential Violations
- Investigation Background: Halper Sadeh LLC is investigating companies like Kennedy-Wilson Holdings, Inc. for potential violations of federal securities laws and breaches of fiduciary duties to shareholders, as proposed transactions may limit superior competing offers, impacting shareholder interests.
- Transaction Details: Kennedy-Wilson's sale price is set at $10.90 per share, led by Chairman and CEO William McMorrow, which may affect shareholder rights and prompt them to seek legal advice to protect their interests.
- Other Company Transactions: Calavo Growers, Inc. is being sold for $14.85 in cash and 0.9790 shares of Mission Produce, Inc., while SkyWater Technology, Inc. is selling for $15.00 in cash and $20.00 in IonQ stock, raising shareholder concerns about the terms of these deals.
- Legal Support: Halper Sadeh LLC offers no-cost legal consultations and operates on a contingency fee basis, aiming to secure higher transaction prices and additional disclosures for affected shareholders, thereby safeguarding investor rights.
See More
IonQ's Pursuit of Quantum Supremacy Through the SkyWater Agreement
IonQ's Acquisition of SkyWater Technology: IonQ announced a significant move in January 2026 to acquire SkyWater Technology for approximately $1.8 billion, positioning itself as a unique vertically integrated full-stack quantum platform company.
Focus on Fault-Tolerant Quantum Computing: The merger aims to accelerate IonQ's development of fault-tolerant quantum technology, which is expected to unlock substantial value across various industries, including pharmaceuticals and finance.
SkyWater's Role in Quantum Development: SkyWater is not developing quantum computers itself but is collaborating with various quantum companies to design and manufacture quantum systems, enhancing IonQ's capabilities in the quantum computing landscape.
Market Implications and Future Growth: The acquisition could significantly strengthen IonQ's market position, potentially exceeding $550 million in annual revenue by integrating SkyWater's sales, despite concerns about the competitive landscape and customer retention post-merger.
See More
Investigation Alerts for Multiple Company Mergers
- Valaris Merger Investigation: Valaris Limited is set to be acquired by Transocean in an all-stock transaction valued at approximately $5.8 billion, with shareholders receiving 15.235 shares of Transocean stock for each Valaris share, raising concerns about whether the Valaris Board breached its fiduciary duties by failing to ensure a fair process.
- Silicon Labs Acquisition Scrutiny: Silicon Labs will be acquired by Texas Instruments for $231.00 per share in an all-cash deal, representing a total enterprise value of around $7.5 billion, with investigations focusing on whether the Board failed to secure fair value for shareholders, potentially impacting their interests.
- SkyWater Technology Merger Issues: SkyWater will be acquired by IonQ for $35.00 per share in a cash-and-stock transaction, implying a total equity value of approximately $1.8 billion, with investigations questioning whether the Board conducted a fair process, especially since the deal consideration is below the company's 52-week high of $36.27.
- Nathan's Famous Acquisition Investigation: Nathan's Famous will be acquired by Smithfield Foods for $102.00 per share in cash, representing an enterprise value of about $450 million, with investigations examining whether the Board ensured fair value for shareholders, particularly as the deal price is below the 52-week high of $118.50.
See More
D-Wave and IonQ Earnings Comparison
- D-Wave Earnings Performance: D-Wave reported Q4 revenue of $2.75 million, missing consensus by 27.6%, and while FY2025 revenue grew 179% year-over-year to $24.59 million, the small base indicates a need for stronger market penetration in quantum computing.
- IonQ's Strong Results: IonQ's Q4 revenue reached $61.89 million, beating consensus by 53.7%, with FY2025 revenue growing 202% year-over-year to $130.02 million, marking it as the first public quantum company to exceed $100 million in annual revenue, highlighting robust growth momentum in the quantum computing sector.
- Strategic Approach Differences: D-Wave focuses on monetizing optimization solutions for enterprise customers while expanding into gate-model computing through the acquisition of Quantum Circuits, whereas IonQ is pursuing a full-stack platform strategy by acquiring SkyWater Technology to control its own chip foundry, reflecting divergent paths to commercialize quantum computing.
- Future Outlook and Risks: Despite D-Wave's market cap being approximately 260 times its annual revenue, IonQ faces projected adjusted EBITDA losses of between $330 million and $310 million in 2026, indicating significant dilution risks and profitability challenges as both companies rapidly expand.
See More
SkyWater Technology CFO Sells Shares for $2.54 Million
- Stock Sale Details: On March 16, 2026, SkyWater Technology's CFO Steve Manko sold 91,109 shares of common stock for approximately $2.54 million at an average price of $27.84 per share, representing 29.75% of his direct holdings, indicating a significant adjustment in his equity stake.
- Holding Change Analysis: Following the transaction, Manko's direct holdings decreased to 215,166 shares, yet he still retains over $6 million in stock, suggesting ongoing confidence in the company's future prospects despite the sale.
- Financial Performance Overview: SkyWater Technology reported a record revenue of $442.1 million for 2025, marking a 29% increase year-over-year, and successfully turned a profit with a net income of $118.9 million, highlighting strong growth potential in the semiconductor sector.
- Market Challenges and Outlook: Although fourth-quarter revenue reached $171 million, gross margins fell to 14.9% due to rising tooling costs, reflecting the company's struggle between rapid growth and margin pressure, raising questions about its ability to sustain profitability moving forward.
See More
SkyWater Technology CFO Sells 91,109 Shares for $2.54 Million
- Sale Overview: SkyWater Technology CFO Steve Manko sold 91,109 shares of common stock on March 16, 2026, for approximately $2.54 million, while still holding 215,166 shares valued at around $6 million, indicating significant ongoing investment in the company.
- Transaction Context: This sale exceeded the recent median of 50,000 shares per transaction, with 29.75% of his holdings sold compared to a median of 14.03%, reflecting a strategic approach to his equity position.
- Financial Performance Highlights: SkyWater reported a record revenue of $442.14 million for 2025, a 29% increase year-over-year, and turned a profit of $118.9 million, although Q4 revenue of $171 million saw gross margins drop to 14.9% due to rising tooling costs.
- Investor Considerations: While Manko's sale was executed under a prearranged 10b5-1 plan and he retains a significant stake, investors should focus on SkyWater's ability to sustain growth in the capital-intensive semiconductor industry while managing profitability amid recent capacity expansions.
See More
Investor Rights Law Firm Investigates Multiple Companies for Potential Violations
- Investigation Background: Halper Sadeh LLC is investigating companies like Kennedy-Wilson Holdings, Inc. for potential violations of federal securities laws and breaches of fiduciary duties to shareholders, as proposed transactions may limit superior competing offers, impacting shareholder interests.
- Transaction Details: Kennedy-Wilson's sale price is set at $10.90 per share, led by Chairman and CEO William McMorrow, which may affect shareholder rights and prompt them to seek legal advice to protect their interests.
- Other Company Transactions: Calavo Growers, Inc. is being sold for $14.85 in cash and 0.9790 shares of Mission Produce, Inc., while SkyWater Technology, Inc. is selling for $15.00 in cash and $20.00 in IonQ stock, raising shareholder concerns about the terms of these deals.
- Legal Support: Halper Sadeh LLC offers no-cost legal consultations and operates on a contingency fee basis, aiming to secure higher transaction prices and additional disclosures for affected shareholders, thereby safeguarding investor rights.
See More
IonQ's Pursuit of Quantum Supremacy Through the SkyWater Agreement
IonQ's Acquisition of SkyWater Technology: IonQ announced a significant move in January 2026 to acquire SkyWater Technology for approximately $1.8 billion, positioning itself as a unique vertically integrated full-stack quantum platform company.
Focus on Fault-Tolerant Quantum Computing: The merger aims to accelerate IonQ's development of fault-tolerant quantum technology, which is expected to unlock substantial value across various industries, including pharmaceuticals and finance.
SkyWater's Role in Quantum Development: SkyWater is not developing quantum computers itself but is collaborating with various quantum companies to design and manufacture quantum systems, enhancing IonQ's capabilities in the quantum computing landscape.
Market Implications and Future Growth: The acquisition could significantly strengthen IonQ's market position, potentially exceeding $550 million in annual revenue by integrating SkyWater's sales, despite concerns about the competitive landscape and customer retention post-merger.
See More
Investigation Alerts for Multiple Company Mergers
- Valaris Merger Investigation: Valaris Limited is set to be acquired by Transocean in an all-stock transaction valued at approximately $5.8 billion, with shareholders receiving 15.235 shares of Transocean stock for each Valaris share, raising concerns about whether the Valaris Board breached its fiduciary duties by failing to ensure a fair process.
- Silicon Labs Acquisition Scrutiny: Silicon Labs will be acquired by Texas Instruments for $231.00 per share in an all-cash deal, representing a total enterprise value of around $7.5 billion, with investigations focusing on whether the Board failed to secure fair value for shareholders, potentially impacting their interests.
- SkyWater Technology Merger Issues: SkyWater will be acquired by IonQ for $35.00 per share in a cash-and-stock transaction, implying a total equity value of approximately $1.8 billion, with investigations questioning whether the Board conducted a fair process, especially since the deal consideration is below the company's 52-week high of $36.27.
- Nathan's Famous Acquisition Investigation: Nathan's Famous will be acquired by Smithfield Foods for $102.00 per share in cash, representing an enterprise value of about $450 million, with investigations examining whether the Board ensured fair value for shareholders, particularly as the deal price is below the 52-week high of $118.50.
See More
D-Wave and IonQ Earnings Comparison
- D-Wave Earnings Performance: D-Wave reported Q4 revenue of $2.75 million, missing consensus by 27.6%, and while FY2025 revenue grew 179% year-over-year to $24.59 million, the small base indicates a need for stronger market penetration in quantum computing.
- IonQ's Strong Results: IonQ's Q4 revenue reached $61.89 million, beating consensus by 53.7%, with FY2025 revenue growing 202% year-over-year to $130.02 million, marking it as the first public quantum company to exceed $100 million in annual revenue, highlighting robust growth momentum in the quantum computing sector.
- Strategic Approach Differences: D-Wave focuses on monetizing optimization solutions for enterprise customers while expanding into gate-model computing through the acquisition of Quantum Circuits, whereas IonQ is pursuing a full-stack platform strategy by acquiring SkyWater Technology to control its own chip foundry, reflecting divergent paths to commercialize quantum computing.
- Future Outlook and Risks: Despite D-Wave's market cap being approximately 260 times its annual revenue, IonQ faces projected adjusted EBITDA losses of between $330 million and $310 million in 2026, indicating significant dilution risks and profitability challenges as both companies rapidly expand.
See More
