Skyworks Solutions, Inc. (SWKS) Files Form 4 Insider Selling : David J Aldrich Sells 15,000 Shares

Skyworks Solutions, Inc. (SWKS): David J Aldrich , Chairman and CEO of Skyworks Solutions, Inc. sold 15,000 shares on May 3, 2016. The Insider selling transaction was reported by the company on May 5, 2016 to the Securities and Exchange Commission. The shares were sold at $66.88 per share for a total value of $1,003,200.00 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Apr 28, 2016, David J Aldrich (Chairman and CEO) sold 15,000 shares at $71.54 per share price.On Apr 19, 2016, Peter L Gammel (Chief Technology Officer) sold 1,500 shares at $76.64 per share price.Also, On Apr 15, 2016, Liam Griffin (President) sold 2,500 shares at $75.28 per share price.On Apr 8, 2016, Donald W Palette (EVP & CFO) sold 18,686 shares at $75.91 per share price.

Shares of Skyworks Solutions Inc (SWKS) ended Wednesday, May 4, 2016 session in red amid volatile trading. The shares closed down -1.79 points or -2.67% at $65.23 with 25,05,886 shares getting traded. Post opening the session at $66.49, the shares hit an intraday low of $64.78 and an intraday high of $67.01 and the price vacillated in this range throughout the day. The company has a market cap of $12,503 M and the number of outstanding shares has been calculated to be 19,16,68,400 shares. The 52-week high of Skyworks Solutions Inc is $112.88 and the 52-week low is $54.5.

Skyworks Solutions Inc Money Flow Index Chart

Company has been under the radar of several Street Analysts.Skyworks Solutions Inc is Reiterated by Mizuho to Buy while Lowering the Price Target of the company shares to $ 99 from a previous price target of $105 . The Rating was issued on Apr 29, 2016.Skyworks Solutions Inc is Reiterated by Cowen to Market Perform while Lowering the Price Target of the company shares to $ 76 from a previous price target of $78 . The Rating was issued on Apr 29, 2016.Skyworks Solutions Inc is Reiterated by Topeka Capital Markets to Buy while Lowering the Price Target of the company shares to $ 85 from a previous price target of $90 . The Rating was issued on Apr 29, 2016.Skyworks Solutions Inc is Reiterated by Craig Hallum to Buy while Lowering the Price Target of the company shares to $ 85 from a previous price target of $90 . The Rating was issued on Apr 29, 2016.Skyworks Solutions Inc is Reiterated by MKM Partners to Buy while Lowering the Price Target of the company shares to $ 93 from a previous price target of $98 . The Rating was issued on Apr 29, 2016.

Skyworks Solutions Inc. is engaged in the production of analog semiconductors. The Company supports automotive broadband wireless infrastructure energy management Global Positioning System (GPS) industrial medical military wireless networking smartphone and tablet applications. The Company’s portfolio includes amplifiers attenuators circulators demodulators detectors diodes directional couplers front-end modules hybrids infrastructure radio frequency (RF) subsystems isolators lighting and display solutions mixers modulators optocouplers optoisolators phase shifters phase locked loops (PLLs) synthesizers voltage controlled oscillator power dividers (VCOs) power dividers/combiners power management devices receivers switches and technical ceramics. The Company’s products include Front-end Modules and Amplifiers Wireless Infrastructure Power Management Precision Analog Components WiFi Connectivity and Smart Energy.

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Skyworks Solutions Inc - Is it time to Sell?

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