Skyworks Solutions (SWKS) : Fridays money flow data in Skyworks Solutions (SWKS) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $20.62 million, whereas, $17.57 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 1.17, in favor of the bulls. The total money flow into the stock was $3.05 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $1.68 million. The total value of block trades done on upticks was $1.68 million. Skyworks Solutions (SWKS) fell $0.44 and traded at $74.65, down -0.59% for the day, over previous days close. On a weekly basis, the shares are -0.25% over the previous weeks close.
The company Insiders own 0.62% of Skyworks Solutions shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -12.98% . Institutional Investors own 76.85% of Skyworks Solutions shares. During last six month period, the net percent change held by insiders has seen a change of -38.63%.
In a related news, According to the information disclosed by the Securities and Exchange Commission in a Form 4 filing, the officer (VP, Human Resources) of Skyworks Solutions, Inc., Gasparini Laura A had sold 2,650 shares worth of $198,326 in a transaction dated September 2, 2016. In this transaction, 2,650 shares were sold at $74.84 per share.
Skyworks Solutions (NASDAQ:SWKS): stock was range-bound between the intraday low of $74.21 and the intraday high of $75.43 after having opened at $75.25 on Fridays session. The stock finally closed in the red at $75.25, a loss of -0.63%. The stock remained in the red for the whole trading day. The total traded volume was 1,509,550 shares. The stock failed to cross $75.43 in Fridays trading. The stocks closing price on Thursday was $75.09.
Skyworks Solutions (SWKS) has risen sharply, recording gains of 12.13% in the past 4 weeks. However, the stock has corrected -0.29% in the past 1 week, providing a good buying opportunity on dips. On a relative basis, the stock has outperformed the S&P 500 by 12.28% in the past 4 weeks, but has underperformed the S&P 500 in the past 1 week.
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 Companys 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 Companys products include Front-end Modules and Amplifiers, Wireless Infrastructure, Power Management, Precision Analog Components, WiFi Connectivity, and Smart Energy.