Skyworks Solutions, Inc. (SWKS) Shares Sold by Green Square Capital LLC

Green Square Capital LLC lowered its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 22.9% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 11,664 shares of the semiconductor manufacturer’s stock after selling 3,459 shares during the period. Green Square Capital LLC’s holdings in Skyworks Solutions were worth $1,189,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. California Public Employees Retirement System lifted its stake in shares of Skyworks Solutions by 4.0% in the 3rd quarter. California Public Employees Retirement System now owns 421,739 shares of the semiconductor manufacturer’s stock worth $42,975,000 after purchasing an additional 16,339 shares during the period. Krilogy Financial LLC lifted its stake in shares of Skyworks Solutions by 18.1% in the 3rd quarter. Krilogy Financial LLC now owns 3,219 shares of the semiconductor manufacturer’s stock worth $328,000 after purchasing an additional 493 shares during the period. Janney Montgomery Scott LLC lifted its stake in shares of Skyworks Solutions by 3.3% in the 3rd quarter. Janney Montgomery Scott LLC now owns 19,566 shares of the semiconductor manufacturer’s stock worth $1,994,000 after purchasing an additional 626 shares during the period. Cubist Systematic Strategies LLC lifted its stake in shares of Skyworks Solutions by 26.3% in the 3rd quarter. Cubist Systematic Strategies LLC now owns 42,856 shares of the semiconductor manufacturer’s stock worth $4,367,000 after purchasing an additional 8,922 shares during the period. Finally, U S Global Investors Inc. bought a new position in shares of Skyworks Solutions in the 3rd quarter worth approximately $540,000. Institutional investors and hedge funds own 81.94% of the company’s stock.

Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) opened at $96.98 on Tuesday. Skyworks Solutions, Inc. has a fifty-two week low of $73.94 and a fifty-two week high of $117.65. The stock has a market cap of $17,710.00, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 0.95 and a beta of 0.84.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Shareholders of record on Tuesday, November 21st will be issued a dividend of $0.32 per share. This represents a $1.28 dividend on an annualized basis and a yield of 1.32%. The ex-dividend date of this dividend is Monday, November 20th. Skyworks Solutions’s dividend payout ratio (DPR) is currently 23.66%.

Several equities research analysts recently issued reports on the stock. Zacks Investment Research raised shares of Skyworks Solutions from a “sell” rating to a “hold” rating in a report on Friday, November 10th. Instinet assumed coverage on shares of Skyworks Solutions in a report on Wednesday, September 6th. They issued a “buy” rating and a $115.00 target price for the company. BidaskClub raised shares of Skyworks Solutions from a “buy” rating to a “strong-buy” rating in a report on Thursday, August 17th. Drexel Hamilton reissued a “buy” rating and issued a $128.00 target price (up from $120.00) on shares of Skyworks Solutions in a report on Tuesday, November 7th. Finally, B. Riley reissued a “buy” rating and issued a $131.00 target price on shares of Skyworks Solutions in a report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, seven have issued a hold rating, twenty-one have assigned a buy rating and two have given a strong buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average target price of $115.72.

In other Skyworks Solutions news, SVP Carlos S. Bori sold 2,151 shares of the stock in a transaction that occurred on Wednesday, November 29th. The shares were sold at an average price of $107.20, for a total transaction of $230,587.20. Following the completion of the sale, the senior vice president now directly owns 9,372 shares of the company’s stock, valued at approximately $1,004,678.40. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, SVP Carlos S. Bori sold 3,850 shares of the stock in a transaction that occurred on Thursday, December 7th. The shares were sold at an average price of $98.15, for a total transaction of $377,877.50. Following the sale, the senior vice president now directly owns 11,372 shares of the company’s stock, valued at $1,116,161.80. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 150,275 shares of company stock valued at $16,223,522. Insiders own 0.49% of the company’s stock.

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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.

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

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