Guidance Capital Inc. invested $788,000 in
Skyworks Solutions, while
Register Financial Advisors LLC has purchased 500 shares.
Skyworks Solutions is seeing gains, yet is lagging behind the market, catching attention ahead of its Q2 expected earning beats. High profile investment entities are reported to have increased and reduced their holdings in
Skyworks amidst consistent fluctuations in the stockβs price. Despite recording earnings in line with expectations and surmounting Q2 estimates, the
Skyworks stock still experienced downturns. Noteworthy transaction movements includes acquiring more shares by
CEO, President & Chairman of the Board of Skyworks Solutions and several cuts in stock positions by a range of financial institutions. Performance of Skyworks stock was varied, outperforming competitors on some days yet underperforming on other occasions. The
Skyworks Q1, Q2 and Q4 revenues and earnings have come in mixed, while Q1 and Q2 have beat estimates. There are concerns about the companyβs return on capital and valuation. Meanwhile, the backing from major institutional investors and remarks by analysts remain promising.
Skyworks has found its place among 5G technology stocks with a great potential.
Skyworks Solutions SWKS News Analytics from Thu, 02 Nov 2023 07:00:00 GMT to Sun, 30 Jun 2024 16:55:26 GMT -
Rating 0
- Innovation 2
- Information 4
- Rumor -2
