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Skyworks Solutions SWKS - News Analyzed: 3,867 - Last Week: 100 - Last Month: 497

↘ Skyworks Solutions SWKS reports mixed trends and varying stakeholder actions

Skyworks Solutions SWKS reports mixed trends and varying stakeholder actions
Skyworks Solutions (SWKS) has been seeing a mixture of trends in their market performance. The company's Q2 2024 earnings call transcript shows that it exceeded estimates, but its shares fluctuated as different stakeholders showed varying actions. Certain stakeholders have reduced their shares, as evidenced by Vulcan Value Partners and Parallel Advisors selling their SWKS shares, Scout Investments reducing their stake, and a non-employee Director selling 29% of their shares. Conversely, Belpointe Asset Management, Stifel Financial Corp, Crossmark Global Holdings, Pinebridge Investments, the President & Chairman, and Portfolio Design Labs increased their holdings. Skyworks Solutions reported in-line performance for Q1. Financial organizations, like TD Asset Management and KBC Group, have significant holdings in the company, demonstrating high institutional investment. But the stock underperformed on some days. Swift movements can be seen in the stock's trading like soaring some days and sinking in others, such as after Q2 results were announced. Analyst sentiment is mixed with considerations of under-valuation and recommendations to monitor SWKS. Investors have lost around 38% over the last three years, yet the company feels it's getting ready for a bull run. The financial health of Skyworks remains suspect due to potential over-reliance on debt.

Skyworks Solutions SWKS News Analytics from Wed, 01 Nov 2023 07:00:00 GMT to Sun, 09 Jun 2024 19:38:14 GMT - Rating -2 - Innovation 2 - Information 4 - Rumor -6

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