Insider Buying Highlights: CEO of Skyworks Solutions Invests $661K
Company executives often possess deep insights into their businesses. When they choose to invest their personal funds in company stocks, it’s important for investors to pay attention. One reason insiders might buy stock is if they believe it is undervalued or if they see promising developments within the company. This report examines the largest insider purchases, focusing on notable buys over the past six months, including a recent transaction by Philip G. Brace, CEO and President of Skyworks Solutions Inc (Symbol: SWKS), who bought shares totaling $661,300.
Purchased | Insider | Title | Shares | Price/Share | Value |
---|---|---|---|---|---|
02/25/2025 | Philip G. Brace | CEO and President | 10,000 | $66.13 | $661,300.00 |
Purchasing at an average cost of $66.13 per share, Brace’s investment reflects confidence in Skyworks. On Friday, potential investors could acquire shares for as low as $64.59, providing an opportunity for a better cost basis than that of the CEO. At the latest trading session, SWKS shares were priced at $65.84, rising approximately 2.7% on that day. Below is a chart illustrating the one-year performance of SWKS shares against its 200-day moving average:
This chart shows that SWKS has a 52-week low of $62.01 per share and a high of $120.86, with the last trade recorded at $65.84.
Skyworks Solutions Inc currently pays an annualized dividend of $2.8 per share, distributed in quarterly payments. The most recent dividend ex-date was on 02/24/2025. The chart below reflects the long-term dividend history for SWKS and can assist in evaluating the reliability of the current dividend yield of approximately 4.4%:
Free report: Top 8%+ Dividends (paid monthly)
Click here to discover additional significant insider transactions that warrant attention.
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The views and opinions expressed herein are those of the author and do not necessarily reflect the views of Nasdaq, Inc.