Media coverage about Skyworks Solutions (NASDAQ:SWKS) has been trending somewhat positive recently, Accern reports. The research group identifies negative and positive news coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Skyworks Solutions earned a news sentiment score of 0.11 on Accern’s scale. Accern also assigned press coverage about the semiconductor manufacturer an impact score of 45.09050062867 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
Shares of Skyworks Solutions (NASDAQ:SWKS) opened at $101.21 on Friday. The company has a market capitalization of $18,600.00, a price-to-earnings ratio of 18.71, a PEG ratio of 0.99 and a beta of 0.83. Skyworks Solutions has a 12-month low of $76.49 and a 12-month high of $117.65.
A number of research analysts have commented on the company. Zacks Investment Research downgraded Skyworks Solutions from a “hold” rating to a “sell” rating in a report on Wednesday. BidaskClub raised Skyworks Solutions from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Vetr downgraded Skyworks Solutions from a “strong-buy” rating to a “buy” rating and set a $108.40 price target on the stock. in a report on Wednesday, January 3rd. Piper Jaffray Companies reissued a “buy” rating and issued a $115.00 price target on shares of Skyworks Solutions in a report on Wednesday, December 27th. Finally, Cowen set a $115.00 target price on Skyworks Solutions and gave the company a “hold” rating in a research report on Thursday, December 14th. Two analysts have rated the stock with a sell rating, six have given a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the stock. Skyworks Solutions has a consensus rating of “Buy” and a consensus price target of $116.09.
In other Skyworks Solutions news, Chairman David J. Aldrich sold 45,000 shares of the firm’s stock in a transaction dated Thursday, November 16th. The stock was sold at an average price of $110.08, for a total transaction of $4,953,600.00. Following the transaction, the chairman now directly owns 184,842 shares in the company, valued at $20,347,407.36. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Carlos S. Bori sold 3,083 shares of the firm’s stock in a transaction dated Thursday, December 21st. The shares were sold at an average price of $98.00, for a total value of $302,134.00. Following the transaction, the senior vice president now owns 12,455 shares in the company, valued at $1,220,590. The disclosure for this sale can be found here. In the last three months, insiders have sold 161,864 shares of company stock valued at $17,246,539. Insiders own 0.49% of the company’s stock.
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About Skyworks Solutions
Skyworks Solutions Inc designs, develops, manufactures and markets semiconductor products, including intellectual property. The Company’s analog semiconductors are connecting people, places, and things, spanning a number of new and unimagined applications within the automotive, broadband, cellular infrastructure, connected home, industrial, medical, military, smartphone, tablet and wearable markets.
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