Piershale Financial Group buys $52,899 stake in Skyworks Solutions Inc (SWKS)

Skyworks Solutions Inc (SWKS) : Piershale Financial Group scooped up 3 additional shares in Skyworks Solutions Inc during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Jul 15, 2016. The investment management firm now holds a total of 770 shares of Skyworks Solutions Inc which is valued at $52,899.Skyworks Solutions Inc makes up approximately 0.04% of Piershale Financial Group’s portfolio.

Other Hedge Funds, Including , Bkd Wealth Advisors sold out all of its stake in SWKS during the most recent quarter. The investment firm sold 2,565 shares of SWKS which is valued $167,623.Chevy Chase Trust Holdings boosted its stake in SWKS in the latest quarter, The investment management firm added 781 additional shares and now holds a total of 163,299 shares of Skyworks Solutions Inc which is valued at $10,273,140. Skyworks Solutions Inc makes up approx 0.06% of Chevy Chase Trust Holdings’s portfolio.

Skyworks Solutions Inc opened for trading at $68.18 and hit $68.95 on the upside on Monday, eventually ending the session at $68.7, with a gain of 1.94% or 1.31 points. The heightened volatility saw the trading volume jump to 19,51,383 shares. Company has a market cap of $13,069 M.

On the company’s financial health, Skyworks Solutions Inc reported $1.25 EPS for the quarter, beating the analyst consensus estimate by $ 0.01 according to the earnings call on Apr 28, 2016. Analyst had a consensus of $1.24. The company had revenue of $775.10 million for the quarter, compared to analysts expectations of $775.49 million. The company’s revenue was up 1.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.15 EPS.

Many Wall Street Analysts have commented on Skyworks Solutions Inc. Skyworks Solutions Inc was Downgraded by Pacific Crest to ” Sector Weight” on Jul 5, 2016. Mizuho Downgraded Skyworks Solutions Inc on Jul 1, 2016 to ” Neutral”, Price Target of the shares are set at $68.Skyworks Solutions Inc was Initiated by Morgan Stanley to “Underweight” 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.

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *

Skyworks Solutions Inc - Is it time to Sell?

Top Brokerage Firms are advising their investors on Skyworks Solutions Inc. Subscribe to MoneyFlowIndex.Org Pre-Market Alerts, You will be the first to know the street buzz.