Axa lifted its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 4.7% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 109,558 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,900 shares during the period. Axa owned approximately 0.06% of Skyworks Solutions worth $10,513,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also bought and sold shares of the company. Invictus RG bought a new stake in Skyworks Solutions in the 1st quarter valued at about $101,000. Winslow Evans & Crocker Inc. increased its position in Skyworks Solutions by 3.3% in the 2nd quarter. Winslow Evans & Crocker Inc. now owns 1,085 shares of the semiconductor manufacturer’s stock valued at $104,000 after buying an additional 35 shares in the last quarter. WFG Advisors LP increased its position in Skyworks Solutions by 18.6% in the 1st quarter. WFG Advisors LP now owns 1,155 shares of the semiconductor manufacturer’s stock valued at $113,000 after buying an additional 181 shares in the last quarter. TrimTabs Asset Management LLC increased its position in Skyworks Solutions by 89.0% in the 1st quarter. TrimTabs Asset Management LLC now owns 1,410 shares of the semiconductor manufacturer’s stock valued at $138,000 after buying an additional 664 shares in the last quarter. Finally, Pathstone Family Office LLC bought a new stake in Skyworks Solutions in the 1st quarter valued at about $177,000. 80.86% of the stock is owned by hedge funds and other institutional investors.

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A number of analysts recently commented on SWKS shares. Vetr raised Skyworks Solutions from a “hold” rating to a “buy” rating and set a $113.68 target price for the company in a research report on Monday, June 12th. Instinet started coverage on Skyworks Solutions in a report on Wednesday, September 6th. They set a “buy” rating and a $115.00 price objective for the company. BidaskClub raised Skyworks Solutions from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Argus started coverage on Skyworks Solutions in a report on Thursday, July 6th. They set a “buy” rating and a $120.00 price objective for the company. Finally, Zacks Investment Research lowered Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Thursday, August 17th. One investment analyst has rated the stock with a sell rating, five have assigned a hold rating, twenty-three have assigned a buy rating and two have issued a strong buy rating to the stock. Skyworks Solutions currently has a consensus rating of “Buy” and an average target price of $111.83.

In related news, insider Liam Griffin sold 8,056 shares of Skyworks Solutions stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of $105.31, for a total transaction of $848,377.36. Following the transaction, the insider now owns 54,310 shares in the company, valued at approximately $5,719,386.10. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Christine King sold 3,705 shares of Skyworks Solutions stock in a transaction on Wednesday, September 6th. The shares were sold at an average price of $106.82, for a total transaction of $395,768.10. Following the transaction, the director now owns 16,641 shares in the company, valued at approximately $1,777,591.62. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 14,371 shares of company stock worth $1,505,093. 0.49% of the stock is owned by corporate insiders.

Skyworks Solutions, Inc. (SWKS) opened at 106.87 on Wednesday. Skyworks Solutions, Inc. has a 12-month low of $68.25 and a 12-month high of $112.11. The stock has a 50 day moving average of $104.29 and a 200 day moving average of $101.88. The company has a market cap of $19.64 billion, a PE ratio of 20.51 and a beta of 0.81.

Skyworks Solutions (NASDAQ:SWKS) last released its earnings results on Thursday, July 20th. The semiconductor manufacturer reported $1.57 earnings per share for the quarter, beating analysts’ consensus estimates of $1.52 by $0.05. Skyworks Solutions had a net margin of 27.86% and a return on equity of 28.67%. The company had revenue of $900.80 million for the quarter, compared to analysts’ expectations of $890.58 million. During the same quarter in the previous year, the company earned $1.24 EPS. Skyworks Solutions’s revenue for the quarter was up 19.8% on a year-over-year basis. Equities analysts expect that Skyworks Solutions, Inc. will post $6.39 earnings per share for the current year.

The company also recently announced a quarterly dividend, which was paid on Tuesday, August 29th. Investors of record on Tuesday, August 8th were paid a dividend of $0.32 per share. This is a boost from Skyworks Solutions’s previous quarterly dividend of $0.28. The ex-dividend date of this dividend was Friday, August 4th. This represents a $1.28 dividend on an annualized basis and a dividend yield of 1.20%. Skyworks Solutions’s payout ratio is 24.57%.

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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Institutional Ownership by Quarter for Skyworks Solutions (NASDAQ:SWKS)

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