Skyworks Solutions, Inc’s filing revealed that its CEO and President BRACE PHILIP G acquired Company’s shares for reported $0.66 million on Feb 25 ’25. In the deal valued at $66.13 per share,10,000 shares were bought. As a result of this transaction, BRACE PHILIP G now holds 10,000 shares worth roughly $0.71 million.
Then, TERRY ROBERT JOHN sold 10,522 shares, generating $926,090 in total proceeds. Upon selling the shares at $88.01, the SVP, Gen. Counsel & Secretary now owns 15,960 shares.
Before that, TERRY ROBERT JOHN sold 1,915 shares. Skyworks Solutions, Inc shares valued at $166,260 were divested by the SVP, Gen. Counsel & Secretary at a price of $86.82 per share. As a result of the transaction, TERRY ROBERT JOHN now holds 14,045 shares, worth roughly $0.99 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 jump 1.70% to $70.58. Over the last five days, the stock has lost -2.04%. Skyworks Solutions, Inc shares have fallen nearly -20.41% since the year began. Nevertheless, the stocks have fallen -34.27% 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 $77.83, while 200 days put it at $93.41.
Levels Of Support And Resistance For SWKS Stock
The 24-hour chart illustrates a support level at 69.49, which if violated will result in even more drops to 68.41. On the upside, there is a resistance level at 71.59. A further resistance level may holdings at 72.60. The Relative Strength Index (RSI) on the 14-day chart is 49.46, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.10, which suggests price will go up in the next trading period. Percent R suggests that price movement has been low at 32.96%. Stochastics %K at 51.36% indicates the stock is a holding.
How much short interest is there in Skyworks Solutions, Inc?
A steep rise in short interest was recorded in Skyworks Solutions, Inc stocks on 2025-02-28, dropping by -1.87 million shares to a total of 12.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 14.35 million shares. There was a decline of -15.02%, which implies that there is a negative sentiment for the stock.
