Skyworks Solutions Inc. (NASDAQ:SWKS) has seen various investment activities, with Bleakley Financial Group, ProShare Advisors LLC, Envestnet Portfolio Solutions Inc., Quantbot Technologies LP, BNP Paribas Financial Markets, and Meeder Asset Management Inc. acquiring its shares while Choate Investment Advisors and Private Advisor Group LLC decreasing their stake. The company's stock has fluctuated, with an increase of 8.9% in the last week, hitting a new one year high at $115.89 but found trading lower at some points. The organization's performance presented a mixed picture, with earnings growth and some surpassed estimates, despite revenue decline year-over-year. Economic volatility led to mixed Q1 FY24 results while its Q2 FY24 earnings navigated a challenging economic landscape. Jim Cramer called out Skyworks due to its ties with Apple, but concerns were raised over Skyworks' future should Apple walk away. Despite the fluctuations, some analysts label SWKS as undervalued at $92.45 and still consider it a potential bull run.
Skyworks Solutions SWKS News Analytics from Mon, 11 Sep 2023 17:19:25 GMT to Sun, 21 Jul 2024 15:14:18 GMT - Rating 5 - Innovation 7 - Information 5 - Rumor -4
