Skyworks Solutions, Inc. (NASDAQ:SWKS) SVP Carlos S. Bori sold 4,377 shares of Skyworks Solutions stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $108.30, for a total transaction of $474,029.10. Following the completion of the transaction, the senior vice president now owns 17,645 shares of the company’s stock, valued at approximately $1,910,953.50. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Shares of Skyworks Solutions, Inc. (NASDAQ SWKS) traded down $0.06 during trading hours on Friday, reaching $110.00. 1,378,180 shares of the company’s stock traded hands, compared to its average volume of 1,992,578. Skyworks Solutions, Inc. has a one year low of $71.65 and a one year high of $117.65. The firm has a market capitalization of $20,220.00, a P/E ratio of 18.47, a price-to-earnings-growth ratio of 1.09 and a beta of 0.90.

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be given 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 dividend payout ratio (DPR) is 23.66%.

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A number of brokerages recently issued reports on SWKS. Vetr upgraded shares of Skyworks Solutions from a “hold” rating to a “buy” rating and set a $118.57 price target for the company in a research note on Tuesday, November 7th. Craig Hallum boosted their price objective on shares of Skyworks Solutions from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, July 21st. Barclays PLC boosted their price objective on shares of Skyworks Solutions from $110.00 to $120.00 and gave the stock an “overweight” rating in a research report on Wednesday, October 18th. DA Davidson restated a “buy” rating and set a $130.00 price objective on shares of Skyworks Solutions in a research report on Tuesday, November 7th. Finally, Canaccord Genuity restated a “buy” rating and set a $117.00 price objective (up previously from $115.00) on shares of Skyworks Solutions in a research report on Saturday, July 22nd. One 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 issued a strong buy rating to the stock. The stock presently has an average rating of “Buy” and an average price target of $115.68.

Several hedge funds have recently added to or reduced their stakes in the company. Girard Partners LTD. grew its position in shares of Skyworks Solutions by 0.3% during the second quarter. Girard Partners LTD. now owns 5,819 shares of the semiconductor manufacturer’s stock worth $558,000 after buying an additional 16 shares in the last quarter. Cadence Capital Management LLC lifted its stake in Skyworks Solutions by 0.3% during the second quarter. Cadence Capital Management LLC now owns 7,687 shares of the semiconductor manufacturer’s stock worth $738,000 after purchasing an additional 21 shares during the last quarter. Winslow Evans & Crocker Inc. lifted its stake in Skyworks Solutions by 3.3% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,085 shares of the semiconductor manufacturer’s stock worth $104,000 after purchasing an additional 35 shares during the last quarter. Montag A & Associates Inc. lifted its stake in Skyworks Solutions by 0.5% in the second quarter. Montag A & Associates Inc. now owns 9,108 shares of the semiconductor manufacturer’s stock valued at $874,000 after buying an additional 41 shares during the last quarter. Finally, Krilogy Financial LLC lifted its stake in Skyworks Solutions by 1.9% in the second quarter. Krilogy Financial LLC now owns 2,726 shares of the semiconductor manufacturer’s stock valued at $262,000 after buying an additional 50 shares during the last quarter. 80.58% of the stock is owned by institutional investors and hedge funds.

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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