Skyworks Solutions, Inc. (NASDAQ:SWKS – Get Free Report) gapped down prior to trading on Wednesday . The stock had previously closed at $60.05, but opened at $54.88. Skyworks Solutions shares last traded at $56.0740, with a volume of 4,107,455 shares.
Analyst Upgrades and Downgrades
SWKS has been the topic of several analyst reports. Wall Street Zen lowered Skyworks Solutions from a “buy” rating to a “hold” rating in a research report on Saturday, January 10th. Cfra set a $90.00 price target on shares of Skyworks Solutions in a research report on Tuesday, October 28th. Royal Bank Of Canada assumed coverage on shares of Skyworks Solutions in a research report on Wednesday, January 14th. They issued a “sector perform” rating and a $65.00 price objective on the stock. Weiss Ratings restated a “hold (c-)” rating on shares of Skyworks Solutions in a research report on Thursday, January 22nd. Finally, Zacks Research upgraded shares of Skyworks Solutions from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 16th. Two investment analysts have rated the stock with a Strong Buy rating, two have assigned a Buy rating, eighteen have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $76.83.
Check Out Our Latest Report on Skyworks Solutions
Skyworks Solutions Trading Down 0.1%
Skyworks Solutions (NASDAQ:SWKS – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.53 by $0.23. The business had revenue of $1.10 billion during the quarter. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The company’s quarterly revenue was up 7.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.55 EPS. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. On average, analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.
Insider Activity at Skyworks Solutions
In related news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the transaction, the executive vice president directly owned 26,087 shares in the company, valued at $1,624,176.62. The trade was a 21.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Robert John Terry sold 4,945 shares of the business’s stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total value of $307,974.60. Following the sale, the senior vice president directly owned 19,824 shares in the company, valued at $1,234,638.72. This trade represents a 19.96% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 0.28% of the company’s stock.
Institutional Inflows and Outflows
Institutional investors have recently made changes to their positions in the company. Park Place Capital Corp boosted its holdings in Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 141 shares in the last quarter. Financial Consulate Inc. bought a new stake in shares of Skyworks Solutions during the 3rd quarter worth about $29,000. Atlantic Union Bankshares Corp acquired a new position in shares of Skyworks Solutions during the 2nd quarter valued at about $28,000. Clearstead Trust LLC increased its holdings in shares of Skyworks Solutions by 200.0% during the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 274 shares during the last quarter. Finally, Quest 10 Wealth Builders Inc. raised its stake in shares of Skyworks Solutions by 488.6% in the 4th quarter. Quest 10 Wealth Builders Inc. now owns 412 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 342 shares in the last quarter. 85.43% of the stock is owned by hedge funds and other institutional investors.
Skyworks Solutions Company Profile
Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.
Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.
See Also
- Five stocks we like better than Skyworks Solutions
- What a Former CIA Agent Knows About the Coming Collapse
- ALERT: Drop these 5 stocks before the market opens tomorrow!
- Buy This Stock at 9:30 AM on MONDAY!
- A month before the crash
- New Banking Law #1582 Could Unlock $21 Trillion for Americans
Receive News & Ratings for Skyworks Solutions Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions and related companies with MarketBeat.com's FREE daily email newsletter.
