Skyworks Solutions, Inc’s recently made public that its SVP, Gen. Counsel & Secretary TERRY ROBERT JOHN unloaded Company’s shares for reported $0.93 million on Nov 11 ’24. In the deal valued at $88.01 per share,10,522 shares were sold. As a result of this transaction, TERRY ROBERT JOHN now holds 15,960 shares worth roughly $1.03 million.
Then, TERRY ROBERT JOHN sold 1,915 shares, generating $166,260 in total proceeds. Upon selling the shares at $86.82, the SVP, Gen. Counsel & Secretary now owns 14,045 shares.
Before that, Kasnavi Reza sold 3,059 shares. Skyworks Solutions, Inc shares valued at $269,080 were divested by the SVP, Tech. & Manufacturing at a price of $87.96 per share. As a result of the transaction, Kasnavi Reza now holds 19,802 shares, worth roughly $1.28 million.
Argus downgraded its Skyworks Solutions, Inc [SWKS] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Stifel’s analysts, who decreased its forecast for the stock in early February from “a Buy” to “a Hold”. Rosenblatt also remained covering SWKS and has decreased its forecast on February 06, 2025 with a “Neutral” recommendation from previously “Buy” rating. Mizuho revised its rating on February 06, 2025. It rated SWKS as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of SWKS
On Monday, Skyworks Solutions, Inc [NASDAQ:SWKS] saw its stock fall -1.60% to $64.64. Over the last five days, the stock has lost -24.15%. Skyworks Solutions, Inc shares have fallen nearly -27.11% since the year began. Nevertheless, the stocks have fallen -37.67% over the past one year. While a 52-week high of $120.86 was reached on 01/21/25, a 52-week low of $62.01 was recorded on 02/06/25. SMA at 50 days reached $88.13, while 200 days put it at $96.74.
Levels Of Support And Resistance For SWKS Stock
The 24-hour chart illustrates a support level at 64.01, which if violated will result in even more drops to 63.38. On the upside, there is a resistance level at 65.80. A further resistance level may holdings at 66.96. The Relative Strength Index (RSI) on the 14-day chart is 15.99, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -18.84, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.93%. Stochastics %K at 9.93% indicates the stock is a buying.
How much short interest is there in Skyworks Solutions, Inc?
A steep rise in short interest was recorded in Skyworks Solutions, Inc stocks on 2024-10-31, growing by 2.27 million shares to a total of 8.51 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-30 was 6.24 million shares. There was a rise of 26.65%, which implies that there is a positive sentiment for the stock.
