Skyworks Solutions, Inc. (NASDAQ:SWKS) CEO Liam Griffin sold 11,285 shares of the stock in a transaction on Friday, November 17th. The shares were sold at an average price of $109.68, for a total transaction of $1,237,738.80. Following the transaction, the chief executive officer now owns 57,332 shares of the company’s stock, valued at approximately $6,288,173.76. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • On Friday, November 10th, Liam Griffin sold 12,141 shares of Skyworks Solutions stock. The shares were sold at an average price of $110.95, for a total transaction of $1,347,043.95.
  • On Monday, October 2nd, Liam Griffin sold 13,858 shares of Skyworks Solutions stock. The shares were sold at an average price of $102.18, for a total transaction of $1,416,010.44.
  • 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.

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) traded down $0.06 during midday trading on Friday, reaching $110.00. 1,378,180 shares of the company traded hands, compared to its average volume of 1,992,578. The stock has a market cap of $20,220.00, a price-to-earnings ratio of 18.47, a PEG ratio of 1.09 and a beta of 0.90. Skyworks Solutions, Inc. has a 12 month low of $71.65 and a 12 month high of $117.65.

The business also recently declared a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st will be issued a $0.32 dividend. This represents a $1.28 annualized dividend and a yield of 1.16%. The ex-dividend date is Monday, November 20th. Skyworks Solutions’s payout ratio is presently 23.66%.

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A number of hedge funds and other institutional investors have recently modified their holdings of SWKS. Voya Investment Management LLC increased its holdings in Skyworks Solutions by 953.8% in the 2nd quarter. Voya Investment Management LLC now owns 1,290,395 shares of the semiconductor manufacturer’s stock worth $123,813,000 after acquiring an additional 1,167,942 shares in the last quarter. Old Mutual Global Investors UK Ltd. grew its holdings in shares of Skyworks Solutions by 587.3% during the second quarter. Old Mutual Global Investors UK Ltd. now owns 1,305,942 shares of the semiconductor manufacturer’s stock worth $125,305,000 after buying an additional 1,115,938 shares in the last quarter. Koch Industries Inc. grew its holdings in shares of Skyworks Solutions by 11,046.5% during the second quarter. Koch Industries Inc. now owns 508,502 shares of the semiconductor manufacturer’s stock worth $503,000 after buying an additional 503,940 shares in the last quarter. Vanguard Group Inc. grew its holdings in shares of Skyworks Solutions by 2.8% during the second quarter. Vanguard Group Inc. now owns 18,326,001 shares of the semiconductor manufacturer’s stock worth $1,758,380,000 after buying an additional 502,995 shares in the last quarter. Finally, Harbour Capital Advisors LLC grew its holdings in shares of Skyworks Solutions by 11,678.7% during the second quarter. Harbour Capital Advisors LLC now owns 341,582 shares of the semiconductor manufacturer’s stock worth $3,560,000 after buying an additional 338,682 shares in the last quarter. 80.58% of the stock is owned by institutional investors.

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

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)

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