Laura A. Gasparini Sells 12,132 Shares of Skyworks Solutions, Inc. (SWKS) Stock
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%.
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.
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