Skyworks Solutions, Inc. (NASDAQ:SWKS) SVP Carlos S. Bori sold 4,377 shares of the stock in a transaction that occurred on Wednesday, November 15th. The stock was sold at an average price of $108.30, for a total value of $474,029.10. Following the completion of the transaction, the senior vice president now owns 17,645 shares of the company’s stock, valued at $1,910,953.50. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Skyworks Solutions, Inc. (NASDAQ:SWKS) traded down $0.06 on Friday, hitting $110.00. The stock had a trading volume of 1,323,359 shares, compared to its average volume of 1,992,578. Skyworks Solutions, Inc. has a twelve month low of $71.65 and a twelve month high of $117.65. The firm has a market capitalization of $20,220.00, a PE ratio of 18.47, a P/E/G ratio of 1.09 and a beta of 0.90.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders 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 dividend yield of 1.16%. The ex-dividend date is Monday, November 20th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 23.66%.

COPYRIGHT VIOLATION WARNING: “Skyworks Solutions, Inc. (SWKS) SVP Carlos S. Bori Sells 4,377 Shares of Stock” was originally posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this news story on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The legal version of this news story can be viewed at https://www.thecerbatgem.com/2017/11/18/skyworks-solutions-inc-swks-svp-carlos-s-bori-sells-4377-shares-of-stock.html.

Several institutional investors and hedge funds have recently bought and sold shares of SWKS. Winslow Evans & Crocker Inc. increased its position in shares of 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 in the last quarter. Financial Engines Advisors L.L.C. acquired a new stake in shares of Skyworks Solutions during the third quarter worth about $126,000. WFG Advisors LP increased its position 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 in the last quarter. Sun Life Financial INC increased its position 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 in the last quarter. Finally, Dubuque Bank & Trust Co. acquired a new stake in shares of Skyworks Solutions during the second quarter worth about $182,000. Institutional investors and hedge funds own 80.58% of the company’s stock.

Several brokerages recently weighed in on SWKS. Zacks Investment Research upgraded Skyworks Solutions from a “sell” rating to a “hold” rating in a research report on Friday, November 10th. Vetr upgraded Skyworks Solutions from a “hold” rating to a “buy” rating and set a $118.57 price objective for the company in a research report on Tuesday, November 7th. Mizuho reiterated a “buy” rating on shares of Skyworks Solutions in a research report on Tuesday, November 7th. Bank of America Corporation increased their price objective on Skyworks Solutions from $120.00 to $125.00 in a research report on Tuesday, November 7th. Finally, B. Riley reiterated a “buy” rating and issued a $131.00 price objective on shares of Skyworks Solutions in a research report on Tuesday, November 7th. One investment analyst has rated the stock with a sell rating, six have given 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 presently has a consensus rating of “Buy” and a consensus price target of $115.68.

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 & Stock 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 stocks with our FREE daily email newsletter.