Shares of Skyworks Solutions, Inc. (SWKS) Sees Large Inflow of Net Money Flow

The shares of Skyworks Solutions, Inc. (SWKS) traded with a loss of -0.03 points or -0.03% in the most recent session. The shares last traded at $91.71. As per the trading info, the shares saw $86.47 million in upticks and lost $78.01 million in downticks, resulting in a net money flow of $8.46 million. The up/down ratio for the day was measured at 1.11. For the week, the shares had posted -0.33%.From the block trade data available, the total upticks were valued at $6.65 million and the total downticks were valued at $1.41 million, thereby putting the up/down ratio at 4.72. The net money flow for the block transaction was $5.24 million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Shares of Skyworks Solutions, Inc. rose by 0.16% in the last five trading days and 23.25% for the last 4 weeks. Skyworks Solutions, Inc. is up 20.05% in the last 3-month period. Year-to-Date the stock performance stands at 23.25%. Wednesdays trading session turned out to be a no-profit no-loss event for Skyworks Solutions, Inc. (NASDAQ:SWKS). The opening trade occurred at $93.54 and the highest and the lowest points of the day were $94.49 and $91.31 respectively. The final trade was registered at $91.74 and the volume by the end of the day had touched 3,804,797 shares. The 52-week high of the stock is $94.49 and the 52-week low is $54.5. According to the current valuation, the market cap of the company is $16,954 million and the total number of shares available in public circulation is 184,800,340.

Company has reported several Insider transactions to the SEC, on Jan 24, 2017, Liam Griffin (President and CEO) sold 31,250 shares at 85.00 per share price.On Jan 19, 2017, Peter L Gammel (Chief Technology Officer) sold 1,500 shares at 77.64 per share price.On Dec 9, 2016, Kevin L Beebe (director) sold 15,000 shares at 79.41 per share price.

Skyworks Solutions Inc Last issued its quarterly earnings results on Jan 19, 2017. The company reported $1.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $1.58. The company had revenue of $914.30 million for the quarter, compared to analysts expectations of $902.66 million. The companys revenue was down -1.3 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $1.60 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Reiterated by Cowen on Jan 20, 2017 to Market Perform, Raises Price Target to $ 85 from a previous price target of $80 .Company shares were Reiterated by Mizuho on Jan 20, 2017 to Neutral, Raises Price Target to $ 80 from a previous price target of $75 .Company shares were Reiterated by Drexel Hamilton on Jan 20, 2017 to Buy, Raises Price Target to $ 105 from a previous price target of $90 .Skyworks Solutions Inc was Downgraded by Goldman to Neutral on Jan 12, 2017. Company shares were Reiterated by Cowen on Nov 4, 2016 to Buy, Raises Price Target to $ 80 from a previous price target of $72 .

Skyworks Solutions, Inc. is the industrys leading wireless semiconductor company focused on radio frequency (RF) and complete semiconductor system solutions for mobile communications applications.


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