Skyworks Solutions, Inc. (NASDAQ:SWKS) VP Laura A. Gasparini sold 12,132 shares of the stock in a transaction on Monday, November 13th. The shares were sold at an average price of $110.53, for a total value of $1,340,949.96. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Skyworks Solutions, Inc. (NASDAQ SWKS) traded down $0.11 during midday trading on Tuesday, hitting $110.30. The company’s stock had a trading volume of 1,203,100 shares, compared to its average volume of 1,999,797. The stock has a market cap of $20,310.00, a price-to-earnings ratio of 18.34, a P/E/G ratio of 1.09 and a beta of 0.90. Skyworks Solutions, Inc. has a twelve month low of $71.65 and a twelve month high of $117.65.

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 21st will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.16%. The ex-dividend date of this dividend is Monday, November 20th. Skyworks Solutions’s dividend payout ratio (DPR) is presently 23.66%.

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Large investors have recently bought and sold shares of the company. 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 valued at $104,000 after acquiring an additional 35 shares during the period. Financial Engines Advisors L.L.C. acquired a new stake in shares of Skyworks Solutions during the 3rd quarter valued at about $126,000. WFG Advisors LP grew its position in shares of Skyworks Solutions by 14.8% during the 2nd quarter. WFG Advisors LP now owns 1,326 shares of the semiconductor manufacturer’s stock valued at $127,000 after acquiring an additional 171 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 valued at $129,000 after acquiring an additional 1,136 shares during the period. Finally, Dubuque Bank & Trust Co. acquired a new stake in shares of Skyworks Solutions during the 2nd quarter valued at about $182,000. Hedge funds and other institutional investors own 80.58% of the company’s stock.

Several brokerages have issued reports on SWKS. Vetr raised Skyworks Solutions from a “hold” rating to a “buy” rating and set a $118.57 target price on the stock in a research report on Tuesday, November 7th. Craig Hallum increased their target price on Skyworks Solutions from $120.00 to $125.00 and gave the company a “buy” rating in a research report on Friday, July 21st. Barclays PLC increased their target price on Skyworks Solutions from $110.00 to $120.00 and gave the company an “overweight” rating in a research report on Wednesday, October 18th. DA Davidson reaffirmed a “buy” rating and set a $130.00 target price on shares of Skyworks Solutions in a research report on Tuesday, November 7th. Finally, Canaccord Genuity reaffirmed a “buy” rating and set a $117.00 target price (up previously from $115.00) on shares of Skyworks Solutions in a research report on Saturday, July 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the company’s stock. Skyworks Solutions has an average rating of “Buy” and an average price target of $115.68.

Skyworks Solutions Company Profile

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)

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