2 weeks Ago By ABMN Staff
Forsta AP Fonden lessened its position in shares of Skyworks Solutions, Inc. ( NASDAQ:SWKS – Free Report ) by 2.3% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission.
The firm owned 29,300 shares of the semiconductor manufacturer’s stock after selling 700 shares during the period. Forsta AP Fonden’s holdings in Skyworks Solutions were worth $3,123,000 at the end of the most recent reporting period. Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company.
Perritt Capital Management Inc increased its position in Skyworks Solutions by 4.2% during the 2nd quarter. Perritt Capital Management Inc now owns 6,491 shares of the semiconductor manufacturer’s stock worth $692,000 after purchasing an additional 263 shares in the last quarter.
American Century Companies Inc. raised its stake in shares of Skyworks Solutions by 5.7% in the 2nd quarter.
American Century Companies Inc. now owns 214,931 shares of the semiconductor manufacturer’s stock valued at $22,907,000 after acquiring an additional 11,643 shares during the period. Coldstream Capital Management Inc.
acquired a new position in shares of Skyworks Solutions during the 2nd quarter valued at $2,184,000. Daiwa Securities Group Inc. boosted its position in Skyworks Solutions by 8.
1% during the 2nd quarter. Daiwa Securities Group Inc. now owns 20,037 shares of the semiconductor manufacturer’s stock worth $2,136,000 after purchasing an additional 1,508 shares during the period.
Finally, Andra AP fonden increased its holdings in Skyworks Solutions by 3.8% in the 2nd quarter. Andra AP fonden now owns 338,000 shares of the semiconductor manufacturer’s stock valued at $36,024,000 after purchasing an additional 12,500 shares in the last quarter.
85.43% of the stock is currently owned by institutional investors and hedge funds. Skyworks Solutions Stock Up 2.
0 % SWKS stock opened at $102.47 on Monday. The firm has a fifty day moving average price of $107.
89 and a two-hundred day moving average price of $103.23. The company has a debt-to-equity ratio of 0.
16, a current ratio of 5.75 and a quick ratio of 4.29.
Skyworks Solutions, Inc. has a 1-year low of $85.06 and a 1-year high of $120.
86. The firm has a market cap of $16.37 billion, a price-to-earnings ratio of 19.
26, a PEG ratio of 4.71 and a beta of 1.21.
Skyworks Solutions Increases Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Investors of record on Tuesday, August 20th were paid a dividend of $0.70 per share.
This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.68. This represents a $2.
80 dividend on an annualized basis and a yield of 2.73%. The ex-dividend date of this dividend was Tuesday, August 20th.
Skyworks Solutions’s dividend payout ratio is presently 52.63%. Analyst Upgrades and Downgrades Several equities research analysts have recently weighed in on SWKS shares.
Needham & Company LLC reaffirmed a “hold” rating on shares of Skyworks Solutions in a research report on Wednesday, July 31st. B. Riley raised shares of Skyworks Solutions from a “neutral” rating to a “buy” rating and increased their price objective for the company from $96.
00 to $130.00 in a research report on Thursday, June 20th. Piper Sandler reissued a “neutral” rating and set a $115.
00 target price (up from $95.00) on shares of Skyworks Solutions in a research report on Wednesday, July 31st. Barclays raised their price target on shares of Skyworks Solutions from $85.
00 to $115.00 and gave the company an “equal weight” rating in a report on Tuesday, July 30th. Finally, JPMorgan Chase & Co.
boosted their price objective on shares of Skyworks Solutions from $105.00 to $120.00 and gave the stock a “neutral” rating in a report on Wednesday, July 31st.
Two analysts have rated the stock with a sell rating, seventeen have issued a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $113.94.
Read Our Latest Stock Report on Skyworks Solutions Insiders Place Their Bets In other news, VP Philip Matthew Carter sold 452 shares of the business’s stock in a transaction on Wednesday, July 10th. The shares were sold at an average price of $110.00, for a total transaction of $49,720.
00. Following the completion of the transaction, the vice president now owns 9,564 shares of the company’s stock, valued at $1,052,040. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink .
In related news, VP Philip Matthew Carter sold 452 shares of Skyworks Solutions stock in a transaction dated Wednesday, July 10th. The shares were sold at an average price of $110.00, for a total value of $49,720.
00. Following the sale, the vice president now directly owns 9,564 shares in the company, valued at approximately $1,052,040. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website .
Also, SVP Carlos S. Bori sold 9,321 shares of the company’s stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $101.
97, for a total transaction of $950,462.37. Following the completion of the transaction, the senior vice president now owns 37,203 shares of the company’s stock, valued at approximately $3,793,589.
91. The disclosure for this sale can be found here . Insiders have sold 12,068 shares of company stock valued at $1,252,490 over the last three months.
Company insiders own 0.34% of the company’s stock. Skyworks Solutions Profile ( Free Report ) Skyworks Solutions, Inc, together with its subsidiaries, designs, develops, manufactures, and markets proprietary semiconductor products in the United States, China, South Korea, Taiwan, Europe, the Middle East, Africa, and the rest of Asia-Pacific.
Its product portfolio includes amplifiers, antenna tuners, attenuators, automotive tuners and digital radios, DC/DC converters, demodulators, detectors, diodes, wireless analog system on chip products, directional couplers, diversity receive modules, filters, front-end modules, hybrids, light emitting diode drivers, low noise amplifiers, mixers, modulators, optocouplers/optoisolators, phase locked loops, phase shifters, power dividers/combiners, power over ethernet, power isolators, receivers, switches, synthesizers, timing devices, voltage controlled oscillators/synthesizers, and voltage regulators. Recommended Stories Want to see what other hedge funds are holding SWKS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Skyworks Solutions, Inc.
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