AlphaMark Advisors LLC Has $43,000 Stock Position in Skyworks Solutions, Inc. (NASDAQ:SWKS)

AlphaMark Advisors LLC decreased its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 43.8% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 437 shares of the semiconductor manufacturer’s stock after selling 340 shares during the period. AlphaMark Advisors LLC’s holdings in Skyworks Solutions were worth $43,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Sequoia Financial Advisors LLC increased its stake in shares of Skyworks Solutions by 4.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,244 shares of the semiconductor manufacturer’s stock worth $239,000 after purchasing an additional 87 shares during the last quarter. HB Wealth Management LLC grew its stake in Skyworks Solutions by 3.0% in the 1st quarter. HB Wealth Management LLC now owns 3,219 shares of the semiconductor manufacturer’s stock valued at $349,000 after buying an additional 94 shares during the last quarter. Oregon Public Employees Retirement Fund grew its stake in Skyworks Solutions by 0.7% in the 2nd quarter. Oregon Public Employees Retirement Fund now owns 13,776 shares of the semiconductor manufacturer’s stock valued at $1,468,000 after buying an additional 100 shares during the last quarter. Zega Financial LLC grew its stake in Skyworks Solutions by 5.0% in the 2nd quarter. Zega Financial LLC now owns 2,100 shares of the semiconductor manufacturer’s stock valued at $224,000 after buying an additional 100 shares during the last quarter. Finally, GAMMA Investing LLC grew its stake in Skyworks Solutions by 7.3% in the 1st quarter. GAMMA Investing LLC now owns 1,535 shares of the semiconductor manufacturer’s stock valued at $166,000 after buying an additional 104 shares during the last quarter. Institutional investors and hedge funds own 85.43% of the company’s stock.

Insider Transactions at Skyworks Solutions

In related news, SVP Carlos S. Bori sold 9,321 shares of Skyworks Solutions stock in a transaction dated Friday, September 13th. The shares were 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 directly owns 37,203 shares of the company’s stock, valued at $3,793,589.91. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In related news, SVP Carlos S. Bori sold 9,321 shares of Skyworks Solutions stock in a transaction dated Friday, September 13th. The shares were 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 directly owns 37,203 shares of the company’s stock, valued at $3,793,589.91. This trade represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Carlos S. Bori sold 10,177 shares of Skyworks Solutions stock in a transaction dated Monday, October 14th. The shares were sold at an average price of $97.63, for a total transaction of $993,580.51. Following the transaction, the senior vice president now directly owns 27,026 shares of the company’s stock, valued at $2,638,548.38. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 21,341 shares of company stock valued at $2,142,110. Company insiders own 0.34% of the company’s stock.

Analyst Ratings Changes

A number of research firms recently issued reports on SWKS. The Goldman Sachs Group upgraded shares of Skyworks Solutions to a “hold” rating in a research note on Wednesday, July 31st. Craig Hallum raised their target price on shares of Skyworks Solutions from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Wednesday, July 31st. JPMorgan Chase & Co. raised their target price on shares of Skyworks Solutions from $105.00 to $120.00 and gave the company a “neutral” rating in a research note on Wednesday, July 31st. TD Cowen raised their target price on shares of Skyworks Solutions from $90.00 to $110.00 and gave the company a “hold” rating in a research note on Wednesday, July 31st. Finally, Bank of America raised their target price on shares of Skyworks Solutions from $95.00 to $110.00 and gave the company an “underperform” rating in a research note on Wednesday, July 31st. Three research analysts have rated the stock with a sell rating, fifteen have assigned a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $112.53.

Skyworks Solutions Price Performance

NASDAQ:SWKS opened at $98.61 on Friday. The company has a 50-day moving average of $101.30 and a 200-day moving average of $101.82. The company has a market capitalization of $15.82 billion, a price-to-earnings ratio of 18.54, a PEG ratio of 4.50 and a beta of 1.20. Skyworks Solutions, Inc. has a 52 week low of $85.06 and a 52 week high of $120.86. The company has a debt-to-equity ratio of 0.16, a quick ratio of 4.29 and a current ratio of 5.75.

Skyworks Solutions (NASDAQ:SWKS) last released its quarterly earnings data on Tuesday, July 30th. The semiconductor manufacturer reported $1.21 EPS for the quarter, hitting analysts’ consensus estimates of $1.21. The company had revenue of $905.50 million during the quarter, compared to the consensus estimate of $900.41 million. Skyworks Solutions had a net margin of 17.85% and a return on equity of 15.41%. The firm’s revenue for the quarter was down 15.5% compared to the same quarter last year. During the same period last year, the firm earned $1.50 EPS. As a group, equities research analysts anticipate that Skyworks Solutions, Inc. will post 5.21 earnings per share for the current fiscal year.

Skyworks Solutions Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, September 10th. Stockholders of record on Tuesday, August 20th were issued a dividend of $0.70 per share. This represents a $2.80 dividend on an annualized basis and a dividend yield of 2.84%. This is an increase from Skyworks Solutions’s previous quarterly dividend of $0.68. The ex-dividend date of this dividend was Tuesday, August 20th. Skyworks Solutions’s dividend payout ratio (DPR) is presently 52.63%.

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.