Semiconductor New Highs: Broadcom Corporation (NASDAQ:BRCM), Skyworks Solutions Inc (NASDAQ:SWKS), TriQuint Semiconductor (NASDAQ:TQNT), Amkor Technology, Inc. (NASDAQ:AMKR)

Broadcom Corporation (NASDAQ:BRCM), CEO Scott A. Mcgregor unloaded 75,000 shares of the stock in a transaction that occurred on Wednesday, June 4th. The shares were sold at an average price of $35.57, for a total value of $2,667,750.00. Following the completion of the transaction, the chief executive officer now directly owns 1,761,547 shares of the company’s stock, valued at approximately $62,658,227. Broadcom Corporation (NASDAQ:BRCM), net profit margin is 4.80% and weekly performance is 18.06%. On last trading day company shares ended up $37.07. Analysts mean target price for the company is $32.49. Broadcom Corporation (NASDAQ:BRCM), distance from 50-day simple moving average (SMA50) is 21.17%.

Skyworks Solutions Inc (NASDAQ:SWKS), raised its third quarter adjusted EPS forecast to $0.80 Tuesday morning, from prior expectations of $0.73. The company also boosted its revenue guidance to $570 million, from 535 million. Analysts are expecting EPS of $0.73 and revenues of $535.53 million. Skyworks Solutions Inc (NASDAQ:SWKS), advanced 2.43% in last trading session and ended the day on $46.76. SWKS, Gross Margin is 43.80% and its return on assets is 13.50%. Skyworks Solutions Inc (NASDAQ:SWKS), quarterly performance is 27.41%.

TriQuint Semiconductor (NASDAQ:TQNT), Director Nicolas Kauser sold 41,538 shares of the company’s stock in a transaction that occurred on Friday, May 16th. The shares were sold at an average price of $14.54, for a total value of $603,962.52. Following the sale, the director now directly owns 79,000 shares in the company, valued at approximately $1,148,660. TriQuint Semiconductor (NASDAQ:TQNT), shares moved up 3.32% in last trading session and was closed at $16.19, while trading in range of $15.55 – 16.23. TriQuint Semiconductor (NASDAQ:TQNT), year to date (YTD) performance is 94.12%.

Amkor Technology, Inc. (NASDAQ:AMKR), Director John Osborne sold 20,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 3rd. The shares were sold at an average price of $10.30, for a total transaction of $206,000.00. Following the transaction, the director now directly owns 27,334 shares in the company, valued at approximately $281,540. Amkor Technology, Inc. (NASDAQ:AMKR), ended the last trading day at $10.81. Company weekly volatility is calculated as 2.57% and price to cash ratio as 4.07. Amkor Technology, Inc. (NASDAQ:AMKR), showed a positive weekly performance of 8.64%.

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *