Skyworks Solutions, Inc. (NASDAQ:SWKS) SVP Carlos S. Bori sold 3,850 shares of the company’s stock in a transaction that occurred on Thursday, December 7th. The stock was sold at an average price of $98.15, for a total value of $377,877.50. Following the transaction, the senior vice president now owns 11,372 shares of the company’s stock, valued at $1,116,161.80. 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 $0.40 during trading hours on Friday, reaching $96.28. The company’s stock had a trading volume of 2,463,511 shares, compared to its average volume of 2,143,019. Skyworks Solutions, Inc. has a 52-week low of $73.94 and a 52-week high of $117.65. The company has a market capitalization of $17,763.99, a PE ratio of 16.06, a price-to-earnings-growth ratio of 0.96 and a beta of 0.84.

The business also recently declared 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 dividend on an annualized basis and a yield of 1.33%. The ex-dividend date is Monday, November 20th. Skyworks Solutions’s dividend payout ratio (DPR) is 23.66%.

A number of research analysts recently commented on SWKS shares. BMO Capital Markets restated a “hold” rating and issued a $100.00 target price on shares of Skyworks Solutions in a research note on Monday, November 6th. DA Davidson restated a “buy” rating and issued a $130.00 target price on shares of Skyworks Solutions in a research note on Tuesday, November 7th. Drexel Hamilton restated a “buy” rating and issued a $128.00 target price (up from $120.00) on shares of Skyworks Solutions in a research note on Tuesday, November 7th. Needham & Company LLC upped their target price on Skyworks Solutions from $110.00 to $120.00 and gave the company a “buy” rating in a research note on Tuesday, November 7th. Finally, KeyCorp upped their target price on Skyworks Solutions from $120.00 to $125.00 and gave the company an “in-line” rating in a research note on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, seven have given a hold rating, twenty-one have issued a buy rating and two have issued a strong buy rating to the company’s stock. Skyworks Solutions currently has a consensus rating of “Buy” and an average target price of $115.72.

A number of large investors have recently made changes to their positions in the business. Financial Engines Advisors L.L.C. bought a new stake in shares of Skyworks Solutions during the third quarter worth $126,000. WFG Advisors LP grew its holdings in shares of 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 last quarter. Sun Life Financial INC grew 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 purchasing an additional 1,136 shares during the last quarter. Dynamic Technology Lab Private Ltd bought a new stake in shares of Skyworks Solutions during the second quarter worth $202,000. Finally, Round Table Services LLC bought a new stake in shares of Skyworks Solutions during the third quarter worth $204,000. Hedge funds and other institutional investors own 81.94% of the company’s stock.

ILLEGAL ACTIVITY WARNING: “Skyworks Solutions, Inc. (SWKS) SVP Carlos S. Bori Sells 3,850 Shares of Stock” was originally reported by Daily Political and is the sole property of of Daily Political. If you are reading this story on another domain, it was copied illegally and republished in violation of United States & international copyright and trademark laws. The correct version of this story can be accessed at https://www.dailypolitical.com/2017/12/09/skyworks-solutions-inc-swks-svp-carlos-s-bori-sells-3850-shares-of-stock.html.

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)

Receive News & Ratings for Skyworks Solutions Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Skyworks Solutions Inc. and related companies with MarketBeat.com's FREE daily email newsletter.