Skyworks Solutions Inc (SWKS) : Advisory Services Network scooped up 3,285 additional shares in Skyworks Solutions Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Apr 21, 2016. The investment management firm now holds a total of 18,763 shares of Skyworks Solutions Inc which is valued at $1,341,555.Skyworks Solutions Inc makes up approximately 0.36% of Advisory Services Network’s portfolio.
Skyworks Solutions Inc opened for trading at $68.68 and hit $72.84 on the upside on Wednesday, eventually ending the session at $72.32, with a gain of 0.86% or 0.62 points. The heightened volatility saw the trading volume jump to 63,50,460 shares. Company has a market cap of $13,861 M.
Other Hedge Funds, Including , Lodestar Investment Counselil added SWKS to its portfolio by purchasing 5,875 company shares during the most recent quarter which is valued at $420,063. Skyworks Solutions Inc makes up approx 0.06% of Lodestar Investment Counselil’s portfolio.First Quadrant L Pca boosted its stake in SWKS in the latest quarter, The investment management firm added 400 additional shares and now holds a total of 1,700 shares of Skyworks Solutions Inc which is valued at $121,550. Beacon Capital Management sold out all of its stake in SWKS during the most recent quarter. The investment firm sold 51 shares of SWKS which is valued $3,647. Dnb Asset Management As added SWKS to its portfolio by purchasing 15,600 company shares during the most recent quarter which is valued at $1,170,936. Skyworks Solutions Inc makes up approx 0.02% of Dnb Asset Management As’s portfolio.
On the company’s financial health, Skyworks Solutions Inc reported $1.60 EPS for the quarter, beating the analyst consensus estimate by $ 0.02 according to the earnings call on Jan 28, 2016. Analyst had a consensus of $1.58. The company had revenue of $926.80 million for the quarter, compared to analysts expectations of $920.03 million. The company’s revenue was up 15.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.26 EPS.
Many Wall Street Analysts have commented on Skyworks Solutions Inc. Skyworks Solutions Inc was Downgraded by Raymond James to ” Outperform” on Apr 19, 2016. Cowen Initiated Skyworks Solutions Inc on Apr 18, 2016 to “Market Perform”, Price Target of the shares are set at $78.Skyworks Solutions Inc was Downgraded by Citigroup to ” Neutral” on Mar 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.