Insider Selling: Skyworks Solutions (NASDAQ:SWKS) SVP Sells 4,945 Shares of Stock

Skyworks Solutions, Inc. (NASDAQ:SWKSGet Free Report) SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the transaction, the senior vice president owned 19,824 shares in the company, valued at approximately $1,234,638.72. This trade represents a 19.96% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Skyworks Solutions Price Performance

SWKS traded down $2.09 during midday trading on Thursday, hitting $60.50. The company had a trading volume of 3,775,293 shares, compared to its average volume of 3,293,921. Skyworks Solutions, Inc. has a twelve month low of $47.93 and a twelve month high of $95.46. The company has a market capitalization of $9.00 billion, a PE ratio of 24.20 and a beta of 1.21. The company has a debt-to-equity ratio of 0.09, a quick ratio of 1.80 and a current ratio of 2.39. The firm’s 50-day simple moving average is $74.32 and its 200-day simple moving average is $73.23.

Skyworks Solutions (NASDAQ:SWKSGet Free Report) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 EPS for the quarter, beating the consensus estimate of $1.53 by $0.23. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The business had revenue of $1.10 billion for the quarter. During the same period last year, the company earned $1.55 earnings per share. Skyworks Solutions’s revenue for the quarter was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities research analysts predict that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, December 9th. Stockholders of record on Tuesday, November 18th will be paid a dividend of $0.71 per share. This represents a $2.84 annualized dividend and a dividend yield of 4.7%. The ex-dividend date of this dividend is Tuesday, November 18th. Skyworks Solutions’s dividend payout ratio is 92.51%.

Institutional Investors Weigh In On Skyworks Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. increased its holdings in Skyworks Solutions by 2.0% during the 1st quarter. Vanguard Group Inc. now owns 20,739,480 shares of the semiconductor manufacturer’s stock worth $1,340,393,000 after purchasing an additional 397,638 shares in the last quarter. Pzena Investment Management LLC increased its stake in Skyworks Solutions by 0.5% in the 3rd quarter. Pzena Investment Management LLC now owns 12,272,162 shares of the semiconductor manufacturer’s stock valued at $944,711,000 after buying an additional 64,519 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Skyworks Solutions by 8.0% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 5,507,074 shares of the semiconductor manufacturer’s stock worth $355,922,000 after buying an additional 408,577 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Skyworks Solutions by 4.0% during the 3rd quarter. Invesco Ltd. now owns 4,381,560 shares of the semiconductor manufacturer’s stock worth $337,292,000 after buying an additional 168,663 shares during the last quarter. Finally, Dimensional Fund Advisors LP grew its holdings in shares of Skyworks Solutions by 14.5% in the 3rd quarter. Dimensional Fund Advisors LP now owns 3,141,473 shares of the semiconductor manufacturer’s stock valued at $241,829,000 after acquiring an additional 397,287 shares in the last quarter. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on SWKS. Piper Sandler upgraded Skyworks Solutions from a “neutral” rating to an “overweight” rating and lifted their price objective for the stock from $70.00 to $140.00 in a research report on Wednesday, October 29th. JPMorgan Chase & Co. lifted their price target on shares of Skyworks Solutions from $66.00 to $74.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. BNP Paribas Exane raised their price objective on shares of Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Mizuho upgraded shares of Skyworks Solutions from an “underperform” rating to a “neutral” rating and upped their target price for the company from $65.00 to $73.00 in a research report on Tuesday, November 11th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Skyworks Solutions in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $83.18.

View Our Latest Analysis on SWKS

About Skyworks Solutions

(Get Free Report)

Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific. Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators.

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