Carlos S. Bori Sells 3,745 Shares of Skyworks Solutions, Inc. (SWKS) Stock

Skyworks Solutions, Inc. (NASDAQ:SWKS) SVP Carlos S. Bori sold 3,745 shares of the company’s stock in a transaction on Wednesday, November 22nd. The stock was sold at an average price of $109.53, for a total transaction of $410,189.85. Following the transaction, the senior vice president now owns 14,723 shares of the company’s stock, valued at approximately $1,612,610.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Skyworks Solutions, Inc. (NASDAQ:SWKS) opened at $109.75 on Friday. The company has a market capitalization of $20,165.46, a price-to-earnings ratio of 18.23, a price-to-earnings-growth 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 firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st will be paid a dividend of $0.32 per share. This represents a $1.28 annualized dividend and a yield of 1.17%. The ex-dividend date is Monday, November 20th. Skyworks Solutions’s payout ratio is presently 23.66%.

A number of institutional investors have recently modified their holdings of the stock. Financial Engines Advisors L.L.C. acquired a new stake in shares of Skyworks Solutions in the 3rd quarter valued at about $126,000. WFG Advisors LP grew its holdings in Skyworks Solutions by 14.8% during the second quarter. WFG Advisors LP now owns 1,326 shares of the semiconductor manufacturer’s stock worth $127,000 after purchasing an additional 171 shares during the period. Sun Life Financial INC boosted its holdings in shares of Skyworks Solutions by 551.5% during the second quarter. Sun Life Financial INC now owns 1,342 shares of the semiconductor manufacturer’s stock worth $129,000 after acquiring an additional 1,136 shares during the period. Intact Investment Management Inc. bought a new stake in shares of Skyworks Solutions during the third quarter worth approximately $204,000. Finally, Round Table Services LLC acquired a new stake in shares of Skyworks Solutions in the third quarter valued at approximately $204,000. 80.00% of the stock is currently owned by institutional investors and hedge funds.

SWKS has been the topic of a number of research analyst reports. BidaskClub upgraded shares of Skyworks Solutions from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Vetr upgraded shares of Skyworks Solutions from a “buy” rating to a “strong-buy” rating and set a $117.35 target price on the stock in a report on Thursday, August 3rd. Citigroup Inc. upgraded shares of Skyworks Solutions from a “sell” rating to a “buy” rating and set a $125.00 target price on the stock in a report on Tuesday, September 5th. Zacks Investment Research cut shares of Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. Finally, Bank of America Corporation increased their price objective on shares of Skyworks Solutions from $120.00 to $125.00 in a research report on Tuesday, November 7th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $115.68.

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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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