Skyworks Solutions, Inc. (SWKS): David J Aldrich , Chairman and CEO of Skyworks Solutions, Inc. sold 15,000 shares on Apr 12, 2016. The Insider selling transaction was reported by the company on Apr 14, 2016 to the Securities and Exchange Commission. The shares were sold at $74.79 per share for a total value of $1,117,224.88 according the SEC Form 4 Filing.
Company has been under the radar of several Street Analysts.Skyworks Solutions Inc is Downgraded by Citigroup to Neutral. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Mar 29, 2016.Skyworks Solutions Inc is Upgraded by Goldman to Buy. Earlier the firm had a rating of Neutral on the company shares. The Rating was issued on Feb 3, 2016.Skyworks Solutions Inc is Reiterated by Craig Hallum to Buy while Lowering the Price Target of the company shares to $ 90 from a previous price target of $100 . The Rating was issued on Jan 29, 2016.Skyworks Solutions Inc is Reiterated by Needham to Buy and the brokerage firm has raised the Price Target to $ 77 from a previous price target of $73 .The Rating was issued on Jan 29, 2016.Skyworks Solutions Inc is Reiterated by Oppenheimer to Outperform while Lowering the Price Target of the company shares to $ 100 from a previous price target of $120 . The Rating was issued on Jan 29, 2016.
Currently the company Insiders own 0.66% of Skyworks Solutions Inc shares according to the proxy statements.In the past twelve weeks, the net percent change held by company insiders has changed by -9.07%.Institutional Investors own 77.93% of Skyworks Solutions Inc shares.During last six month period, the net percent change held by insiders has seen a change of -19.21%.
Shares of Skyworks Solutions Inc (SWKS) ended Monday, Apr 11, 2016 session in red amid volatile trading. The shares closed down -1.29 points or -1.67% at $76.07 with 20,03,543 shares getting traded. Post opening the session at $77.73, the shares hit an intraday low of $76.02 and an intraday high of $78 and the price vacillated in this range throughout the day. The company has a market cap of $14,580 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. 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.