Skyworks Solutions, Inc. (SWKS) SVP Sells $377,877.50 in Stock
Skyworks Solutions, Inc. (NASDAQ:SWKS) SVP Carlos S. Bori sold 3,850 shares of the business’s stock in a transaction dated Thursday, December 7th. The stock was sold at an average price of $98.15, for a total value of $377,877.50. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.
Skyworks Solutions, Inc. (NASDAQ SWKS) traded down $0.40 during midday trading on Friday, reaching $96.28. The company had a trading volume of 2,493,811 shares, compared to its average volume of 2,025,963. The company has a market cap of $17,700.00, a price-to-earnings ratio of 16.02, a PEG ratio of 0.96 and a beta of 0.84. Skyworks Solutions, Inc. has a 1-year low of $73.94 and a 1-year high of $117.65.
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. The ex-dividend date of this dividend is Monday, November 20th. This represents a $1.28 dividend on an annualized basis and a yield of 1.33%. Skyworks Solutions’s payout ratio is 23.66%.
A number of institutional investors and hedge funds have recently made changes to their positions in the business. Girard Partners LTD. boosted its position in Skyworks Solutions by 0.3% in the 2nd quarter. Girard Partners LTD. now owns 5,819 shares of the semiconductor manufacturer’s stock valued at $558,000 after buying an additional 16 shares during the last quarter. Cadence Capital Management LLC lifted its stake in shares of Skyworks Solutions by 0.3% in the 2nd quarter. Cadence Capital Management LLC now owns 7,687 shares of the semiconductor manufacturer’s stock valued at $738,000 after purchasing an additional 21 shares during the period. Montag A & Associates Inc. lifted its stake in shares of Skyworks Solutions by 0.5% in the 2nd quarter. Montag A & Associates Inc. now owns 9,108 shares of the semiconductor manufacturer’s stock valued at $874,000 after purchasing an additional 41 shares during the period. Krilogy Financial LLC lifted its stake in shares of Skyworks Solutions by 1.9% in the 2nd quarter. Krilogy Financial LLC now owns 2,726 shares of the semiconductor manufacturer’s stock valued at $262,000 after purchasing an additional 50 shares during the period. Finally, Stephens Inc. AR lifted its stake in shares of Skyworks Solutions by 2.9% in the 2nd quarter. Stephens Inc. AR now owns 3,456 shares of the semiconductor manufacturer’s stock valued at $332,000 after purchasing an additional 98 shares during the period. Hedge funds and other institutional investors own 81.94% of the company’s stock.
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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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