Cambridge Investment Research Advisors Inc. decreased its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 5.0% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,326 shares of the semiconductor manufacturer’s stock after selling 1,429 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in Skyworks Solutions were worth $2,785,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. WFG Advisors LP boosted its position in shares of Skyworks Solutions by 14.8% during the 2nd quarter. WFG Advisors LP now owns 1,326 shares of the semiconductor manufacturer’s stock valued at $127,000 after purchasing an additional 171 shares in the last quarter. Sun Life Financial INC boosted its position in shares of Skyworks Solutions by 551.5% during the 2nd quarter. Sun Life Financial INC now owns 1,342 shares of the semiconductor manufacturer’s stock valued at $129,000 after purchasing an additional 1,136 shares in the last quarter. Dubuque Bank & Trust Co. bought a new position in shares of Skyworks Solutions during the 2nd quarter valued at about $182,000. Dynamic Technology Lab Private Ltd bought a new position in shares of Skyworks Solutions during the 2nd quarter valued at about $202,000. Finally, Round Table Services LLC bought a new position in shares of Skyworks Solutions during the 3rd quarter valued at about $204,000. Institutional investors own 80.58% of the company’s stock.

Shares of Skyworks Solutions, Inc. (SWKS) opened at $110.00 on Friday. The stock has a market cap of $20,211.40, a price-to-earnings ratio of 18.27, a PEG ratio of 1.08 and a beta of 0.90. Skyworks Solutions, Inc. has a 52 week low of $71.65 and a 52 week high of $117.65.

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, December 12th. Stockholders of record on Tuesday, November 21st will be paid a $0.32 dividend. The ex-dividend date of this dividend is Monday, November 20th. This represents a $1.28 annualized dividend and a dividend yield of 1.16%. Skyworks Solutions’s payout ratio is 23.66%.

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In other news, SVP Carlos S. Bori sold 4,377 shares of the firm’s stock in a transaction on Wednesday, November 15th. The shares were sold at an average price of $108.30, for a total value of $474,029.10. Following the sale, the senior vice president now owns 17,645 shares in the company, valued at $1,910,953.50. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, insider Liam Griffin sold 2,610 shares of the firm’s stock in a transaction on Tuesday, August 29th. The stock was sold at an average price of $99.98, for a total transaction of $260,947.80. Following the completion of the sale, the insider now owns 50,408 shares in the company, valued at approximately $5,039,791.84. The disclosure for this sale can be found here. In the last 90 days, insiders sold 120,094 shares of company stock worth $13,065,904. 0.49% of the stock is currently owned by corporate insiders.

A number of analysts have commented on SWKS shares. B. Riley reaffirmed a “buy” rating and set a $130.00 price objective on shares of Skyworks Solutions in a research note on Saturday, July 22nd. Vetr lowered shares of Skyworks Solutions from a “strong-buy” rating to a “buy” rating and set a $113.85 price objective for the company. in a research note on Monday, August 14th. BidaskClub raised shares of Skyworks Solutions from a “buy” rating to a “strong-buy” rating in a research note on Thursday, August 17th. Canaccord Genuity reaffirmed a “buy” rating and set a $125.00 price objective (up from $117.00) on shares of Skyworks Solutions in a research note on Tuesday, November 7th. Finally, Bank of America Corporation upped their price objective on shares of Skyworks Solutions from $120.00 to $125.00 in a research note on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-three have given a buy rating and one has assigned a strong buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $115.68.

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.

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

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