Koshinski Asset Management Inc. decreased its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 35.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 3,264 shares of the semiconductor manufacturer’s stock after selling 1,824 shares during the quarter. Koshinski Asset Management Inc.’s holdings in Skyworks Solutions were worth $310,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in SWKS. Voya Investment Management LLC boosted its stake in Skyworks Solutions by 953.8% during the 2nd quarter. Voya Investment Management LLC now owns 1,290,395 shares of the semiconductor manufacturer’s stock valued at $123,813,000 after purchasing an additional 1,167,942 shares during the period. Koch Industries Inc. boosted its stake in Skyworks Solutions by 11,046.5% during the 2nd quarter. Koch Industries Inc. now owns 508,502 shares of the semiconductor manufacturer’s stock valued at $503,000 after purchasing an additional 503,940 shares during the period. Vanguard Group Inc. boosted its stake in Skyworks Solutions by 2.8% during the 2nd quarter. Vanguard Group Inc. now owns 18,326,001 shares of the semiconductor manufacturer’s stock valued at $1,758,380,000 after purchasing an additional 502,995 shares during the period. Old Mutual Global Investors UK Ltd. boosted its stake in Skyworks Solutions by 27.9% during the 3rd quarter. Old Mutual Global Investors UK Ltd. now owns 1,670,875 shares of the semiconductor manufacturer’s stock valued at $170,262,000 after purchasing an additional 364,933 shares during the period. Finally, Parametric Portfolio Associates LLC boosted its stake in Skyworks Solutions by 129.6% during the 2nd quarter. Parametric Portfolio Associates LLC now owns 543,016 shares of the semiconductor manufacturer’s stock valued at $52,102,000 after purchasing an additional 306,561 shares during the period. Hedge funds and other institutional investors own 81.59% of the company’s stock.

Several brokerages recently weighed in on SWKS. Vetr upgraded Skyworks Solutions from a “hold” rating to a “buy” rating and set a $118.57 target price for the company in a research note on Tuesday, November 7th. Zacks Investment Research cut Skyworks Solutions from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. DA Davidson reaffirmed a “buy” rating and issued a $130.00 price target on shares of Skyworks Solutions in a report on Tuesday, November 7th. Barclays upped their price target on Skyworks Solutions from $110.00 to $120.00 and gave the company an “overweight” rating in a report on Wednesday, October 18th. Finally, BidaskClub cut Skyworks Solutions from a “buy” rating to a “hold” rating in a report on Thursday, December 7th. Two research analysts have rated the stock with a sell rating, seven have issued a hold rating, twenty-one have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has an average rating of “Buy” and an average price target of $116.81.

In other news, insider Liam Griffin sold 15,059 shares of the stock in a transaction that occurred on Thursday, December 14th. The stock was sold at an average price of $95.09, for a total value of $1,431,960.31. Following the completion of the transaction, the insider now directly owns 62,359 shares of the company’s stock, valued at approximately $5,929,717.31. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Robert John Terry sold 7,986 shares of the stock in a transaction that occurred on Monday, November 13th. The stock was sold at an average price of $110.32, for a total value of $881,015.52. The disclosure for this sale can be found here. Over the last three months, insiders sold 169,664 shares of company stock valued at $18,031,219. 0.49% of the stock is currently owned by insiders.

Skyworks Solutions, Inc. (NASDAQ SWKS) opened at $99.20 on Friday. Skyworks Solutions, Inc. has a twelve month low of $84.69 and a twelve month high of $117.65. The stock has a market capitalization of $17,680.00, a P/E ratio of 18.34, a PEG ratio of 1.02 and a beta of 0.83.

Skyworks Solutions (NASDAQ:SWKS) last issued its earnings results on Monday, November 6th. The semiconductor manufacturer reported $1.69 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.64 by $0.05. Skyworks Solutions had a return on equity of 29.17% and a net margin of 27.67%. equities research analysts anticipate that Skyworks Solutions, Inc. will post 6.69 EPS for the current year.

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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.

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

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