Creative Financial Designs Inc. ADV Sells 289 Shares of Skyworks Solutions, Inc. (NASDAQ:SWKS)

Creative Financial Designs Inc. ADV decreased its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 43.1% during the third quarter, HoldingsChannel reports. The firm owned 381 shares of the semiconductor manufacturer’s stock after selling 289 shares during the quarter. Creative Financial Designs Inc. ADV’s holdings in Skyworks Solutions were worth $38,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SWKS. Innealta Capital LLC bought a new stake in shares of Skyworks Solutions during the 2nd quarter valued at about $27,000. Rothschild Investment LLC bought a new stake in Skyworks Solutions during the second quarter worth about $27,000. Blue Trust Inc. boosted its stake in Skyworks Solutions by 79.7% during the second quarter. Blue Trust Inc. now owns 336 shares of the semiconductor manufacturer’s stock worth $36,000 after acquiring an additional 149 shares in the last quarter. Matrix Trust Co bought a new stake in Skyworks Solutions during the third quarter worth about $39,000. Finally, EverSource Wealth Advisors LLC boosted its stake in Skyworks Solutions by 147.7% during the first quarter. EverSource Wealth Advisors LLC now owns 602 shares of the semiconductor manufacturer’s stock worth $64,000 after acquiring an additional 359 shares in the last quarter. Institutional investors own 85.43% of the company’s stock.

Analyst Ratings Changes

SWKS has been the topic of several research reports. 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 research note on Wednesday, July 31st. The Goldman Sachs Group raised shares of Skyworks Solutions to a “hold” rating in a research note on Wednesday, July 31st. B. Riley dropped their price objective on shares of Skyworks Solutions from $140.00 to $120.00 and set a “buy” rating on the stock in a research note on Thursday, October 24th. Needham & Company LLC reaffirmed a “hold” rating on shares of Skyworks Solutions in a report on Wednesday, July 31st. Finally, Bank of America lifted their target price on shares of Skyworks Solutions from $95.00 to $110.00 and gave the stock an “underperform” rating in a report on Wednesday, July 31st. Three investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $110.20.

Insider Buying and Selling at Skyworks Solutions

In other Skyworks Solutions news, SVP Reza Kasnavi sold 1,843 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The shares were sold at an average price of $107.47, for a total transaction of $198,067.21. Following the completion of the sale, the senior vice president now directly owns 17,455 shares of the company’s stock, valued at approximately $1,875,888.85. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Skyworks Solutions news, SVP Carlos S. Bori sold 9,321 shares of the company’s stock in a transaction that occurred on Friday, September 13th. The shares were sold at an average price of $101.97, for a total value of $950,462.37. Following the completion of the transaction, the senior vice president now directly owns 37,203 shares in the company, valued at $3,793,589.91. This represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Reza Kasnavi sold 1,843 shares of the company’s stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $107.47, for a total transaction of $198,067.21. Following the completion of the transaction, the senior vice president now owns 17,455 shares of the company’s stock, valued at approximately $1,875,888.85. The trade was a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 21,341 shares of company stock valued at $2,142,110. Insiders own 0.35% of the company’s stock.

Skyworks Solutions Stock Up 0.7 %

Shares of SWKS stock opened at $88.58 on Wednesday. Skyworks Solutions, Inc. has a 12 month low of $86.21 and a 12 month high of $120.86. The stock has a market cap of $14.15 billion, a P/E ratio of 18.26, a P/E/G ratio of 4.03 and a beta of 1.21. The company has a current ratio of 5.75, a quick ratio of 4.29 and a debt-to-equity ratio of 0.16. The company has a 50 day simple moving average of $98.35 and a two-hundred day simple moving average of $101.08.

Skyworks Solutions Profile

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.