Los Angeles Capital Management & Equity Research Inc. boosted its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 14.8% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 212,999 shares of the semiconductor manufacturer’s stock after purchasing an additional 27,445 shares during the period. Los Angeles Capital Management & Equity Research Inc. owned approximately 0.12% of Skyworks Solutions worth $21,705,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Winslow Evans & Crocker Inc. raised its stake in Skyworks Solutions by 3.3% during the second quarter. Winslow Evans & Crocker Inc. now owns 1,085 shares of the semiconductor manufacturer’s stock worth $104,000 after purchasing an additional 35 shares during the period. WFG Advisors LP raised its stake 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 raised its stake in 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 period. Dubuque Bank & Trust Co. purchased a new position in Skyworks Solutions during the second quarter worth approximately $182,000. Finally, Intact Investment Management Inc. purchased a new position in Skyworks Solutions during the third quarter worth approximately $204,000. 80.58% of the stock is currently owned by institutional investors.

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In related news, insider Liam Griffin sold 2,610 shares of the business’s stock in a transaction on Tuesday, August 29th. The shares were sold at an average price of $99.98, for a total transaction of $260,947.80. Following the transaction, the insider now owns 50,408 shares of the company’s stock, valued at $5,039,791.84. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Robert John Terry sold 7,986 shares of the business’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $110.32, for a total transaction of $881,015.52. The disclosure for this sale can be found here. Insiders have sold 52,432 shares of company stock worth $5,641,736 in the last ninety days. 0.49% of the stock is currently owned by insiders.

Skyworks Solutions, Inc. (SWKS) opened at $110.25 on Thursday. Skyworks Solutions, Inc. has a 52-week low of $71.65 and a 52-week high of $117.65. The stock has a market cap of $20,240.00, a price-to-earnings ratio of 18.47, a P/E/G ratio of 1.09 and a beta of 0.90.

The business also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Investors of record on Tuesday, November 21st will be given a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.16%. The ex-dividend date is Monday, November 20th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 23.66%.

A number of equities analysts have recently commented on SWKS shares. Bank of America Corporation raised their target price on shares of Skyworks Solutions from $120.00 to $125.00 in a research note on Tuesday, November 7th. MKM Partners reissued a “buy” rating and issued a $115.00 target price on shares of Skyworks Solutions in a research note on Wednesday, July 26th. Craig Hallum raised their target price on shares of Skyworks Solutions from $120.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, July 21st. Mizuho raised their target price on shares of Skyworks Solutions from $115.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, July 21st. Finally, Zacks Investment Research raised shares of Skyworks Solutions from a “hold” rating to a “buy” rating and set a $121.00 target price on the stock in a research note on Monday, July 24th. One equities research analyst has rated the stock with a sell rating, six have issued a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average target price of $115.68.

Skyworks Solutions 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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