Skyworks Solutions, Inc. (SWKS) Files Form 4 Insider Selling : Mark V B Tremallo Sells 7,692 Shares

Skyworks Solutions, Inc. (SWKS): Mark V B Tremallo , VP, General Counsel &Secretary of Skyworks Solutions, Inc. sold 7,692 shares on Sep 20, 2016. The Insider selling transaction was reported by the company on Sep 22, 2016 to the Securities and Exchange Commission. The shares were sold at $75.42 per share for a total value of $581,852.81 , the company said in a SEC Form 4 Filing.

Other Insider transactions have been reported by the company according to SEC Form 4, on Sep 2, 2016, Laura A Gasparini (VP, Human Resources) sold 2,650 shares at $74.84 per share price.On Sep 2, 2016, Timothy R Furey (director) sold 5,000 shares at $74.87 per share price.Also, On Aug 31, 2016, Bruce J Freyman (EVP, Worldwide Operations) sold 3,221 shares at $75.00 per share price.On Jul 7, 2016, David J Aldrich (Executive Chairman) sold 15,000 shares at $59.70 per share price.

Shares of Skyworks Solutions Inc (SWKS) ended Tuesday, Sep 21, 2016 session in red amid volatile trading. The shares closed down -0.37 points or -0.49% at $75.72 with 27,29,242 shares getting traded. Post opening the session at $76.3, the shares hit an intraday low of $75.02 and an intraday high of $76.365 and the price vacillated in this range throughout the day. The company has a market cap of $14,197 M and the number of outstanding shares has been calculated to be 18,74,96,060 shares. The 52-week high of Skyworks Solutions Inc is $91.09 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 Upgraded by CLSA to Outperform. Earlier the firm had a rating of Underperform on the company shares. The Rating was issued on Aug 9, 2016.Skyworks Solutions Inc is Reiterated by Cowen to Market Perform while Lowering the Price Target of the company shares to $ 72 from a previous price target of $76 . The Rating was issued on Jul 22, 2016.Skyworks Solutions Inc is Downgraded by Pacific Crest to Sector Weight. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on Jul 5, 2016.Skyworks Solutions Inc is Downgraded by Mizuho to Neutral and the brokerage firm has set the Price Target at $68. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jul 1, 2016.Skyworks Solutions Inc is Initiated by Morgan Stanley to Underweight. The Rating was issued on Jun 27, 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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