The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Skyworks Solutions, Inc shares valued at $926,090 were sold by TERRY ROBERT JOHN on Nov 11 ’24. At $88.01 per share, TERRY ROBERT JOHN sold 10,522 shares. The insider’s holdings dropped to 15,960 shares worth approximately $1.07 million following the completion of this transaction.
Also, TERRY ROBERT JOHN sold 1,915 shares, netting a total of over 166,260 in proceeds. Following the sale of shares at $86.82 each, the insider now holds 14,045 shares.
Before that, Kasnavi Reza had sold 3,059 shares from its account. In a trade valued at $269,080, the SVP, Tech. & Manufacturing traded Skyworks Solutions, Inc shares for $87.96 each. Upon closing the transaction, the insider’s holdings decreased to 3,059 shares, worth approximately $1.33 million.
As published in a research note from Argus on February 10, 2025, Skyworks Solutions, Inc [SWKS] has been rated down from a Buy to a Hold. Analysts at Stifel downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early February. As of February 06, 2025, Rosenblatt has decreased its “Buy” rating to a “Neutral” for SWKS. Earlier on February 06, 2025, Mizuho downgraded its rating. Their new recommendation was “a Neutral” for SWKS stock which previously was a “an Outperform”.
Analyzing SWKS Stock Performance
During the last five days, there has been a surge of approximately 1.71%. Over the course of the year, Skyworks Solutions, Inc shares have dropped approximately -24.09%. Shares of the company reached a 52-week high of $95.46 on 01/21/25 and a 52-week low of $62.01 on 02/06/25. A 50-day SMA is recorded $85.22, while a 200-day SMA reached $95.56. Nevertheless, trading volume fell to 2.27 million shares from 3.4 million shares the previous day.
Support And Resistance Levels for Skyworks Solutions, Inc (SWKS)
According to the 24-hour chart, there is a support level at 66.78, which, if violated, would cause prices to drop to 66.23. In the upper region, resistance lies at 67.99. The next price resistance is at 68.65. RSI (Relative Strength Index) is 25.30 on the 14-day chart, showing oversold technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.74, which suggests the price will decrease in the coming days. Percent R is at 81.52%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
