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Skyworks Solutions (NASDAQ:SWKS) CEO David J. Aldrich sold 15,000 shares of Skyworks Solutions stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $30.01, for a total transaction of $450,150.00. Following the completion of the transaction, the chief executive officer now directly owns 314,009 shares in the company, valued at approximately $9,423,410. The transaction was disclosed in a filing with the SEC, which is available at this link.

SWKS has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Skyworks Solutions in a research note to investors on Tuesday, January 21st. They now have a $32.00 price target on the stock. Separately, analysts at Barclays raised their price target on shares of Skyworks Solutions from $23.00 to $26.00 in a research note to investors on Friday, January 17th. They now have an “equal weight” rating on the stock. Finally, analysts at DA Davidson reiterated a “buy” rating on shares of Skyworks Solutions in a research note to investors on Friday, January 17th. They now have a $40.00 price target on the stock, up previously from $35.00. Three research analysts have rated the stock with a hold rating, thirteen have given a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $34.36.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings data on Thursday, January 16th. The company reported $0.67 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.66 by $0.01. The company had revenue of $505.00 million for the quarter, compared to the consensus estimate of $500.01 million. During the same quarter last year, the company posted $0.54 earnings per share. Skyworks Solutions’s revenue was up 11.3% compared to the same quarter last year.

Skyworks Solutions, Inc (NASDAQ:SWKS) offers analog and mixed signal semiconductors.

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