Skyworks Solutions, Inc. (NASDAQ:SWKS) insider Liam Griffin sold 13,858 shares of Skyworks Solutions stock in a transaction dated Monday, October 2nd. The shares were sold at an average price of $102.18, for a total transaction of $1,416,010.44. The sale was disclosed in a filing with the SEC, which is available through this link.

Liam Griffin also recently made the following trade(s):

  • On Tuesday, August 29th, Liam Griffin sold 2,610 shares of Skyworks Solutions stock. The shares were sold at an average price of $99.98, for a total transaction of $260,947.80.
  • On Tuesday, July 25th, Liam Griffin sold 8,056 shares of Skyworks Solutions stock. The shares were sold at an average price of $105.31, for a total transaction of $848,377.36.

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) traded up 0.69% on Wednesday, reaching $103.32. 1,363,005 shares of the company were exchanged. The company has a market cap of $19.20 billion, a price-to-earnings ratio of 19.95 and a beta of 0.89. Skyworks Solutions, Inc. has a 12 month low of $71.65 and a 12 month high of $112.11. The company’s 50-day moving average price is $103.97 and its 200 day moving average price is $102.72.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings results on Thursday, July 20th. The semiconductor manufacturer reported $1.57 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.52 by $0.05. Skyworks Solutions had a net margin of 27.86% and a return on equity of 28.67%. The firm had revenue of $900.80 million during the quarter, compared to analyst estimates of $890.58 million. During the same quarter last year, the business earned $1.24 EPS. The company’s revenue was up 19.8% compared to the same quarter last year. On average, equities research analysts expect that Skyworks Solutions, Inc. will post $6.39 EPS for the current year.

COPYRIGHT VIOLATION WARNING: This article was originally published by American Banking News and is the sole property of of American Banking News. If you are accessing this article on another site, it was illegally stolen and republished in violation of US & international trademark & copyright legislation. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/10/04/insider-selling-skyworks-solutions-inc-swks-insider-sells-13858-shares-of-stock.html.

Several equities analysts recently issued reports on the stock. B. Riley reissued a “buy” rating and set a $130.00 price target on shares of Skyworks Solutions in a report on Saturday, July 22nd. Vetr downgraded shares of Skyworks Solutions from a “strong-buy” rating to a “buy” rating and set a $113.85 price target for the company. in a report on Monday, August 14th. BidaskClub raised shares of Skyworks Solutions from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Northland Securities reissued a “buy” rating and set a $115.00 price target on shares of Skyworks Solutions in a report on Friday, August 4th. Finally, MKM Partners reissued a “buy” rating and set a $115.00 price target on shares of Skyworks Solutions in a report on Wednesday, July 26th. One investment analyst has rated the stock with a sell rating, seven have assigned a hold rating, twenty-two have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. Skyworks Solutions currently has an average rating of “Buy” and an average price target of $111.82.

Institutional investors have recently added to or reduced their stakes in the business. Invictus RG acquired a new stake in shares of Skyworks Solutions during the 1st quarter worth approximately $101,000. Winslow Evans & Crocker Inc. grew its position in shares of Skyworks Solutions by 3.3% during the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,085 shares of the semiconductor manufacturer’s stock worth $104,000 after buying an additional 35 shares during the period. WFG Advisors LP grew its position in shares of Skyworks Solutions by 18.6% during the 1st quarter. WFG Advisors LP now owns 1,155 shares of the semiconductor manufacturer’s stock worth $113,000 after buying an additional 181 shares during the period. Sun Life Financial INC grew its position in shares of Skyworks Solutions by 551.5% during the 2nd quarter. Sun Life Financial INC now owns 1,342 shares of the semiconductor manufacturer’s stock worth $129,000 after buying an additional 1,136 shares during the period. Finally, Pathstone Family Office LLC acquired a new stake in shares of Skyworks Solutions during the 1st quarter worth approximately $177,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

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.

Insider Buying and Selling by Quarter for Skyworks Solutions (NASDAQ:SWKS)

Receive News & Ratings for Skyworks Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions Inc. and related companies with MarketBeat.com's FREE daily email newsletter.