Livforsakringsbolaget Skandia Omsesidigt trimmed its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 7.0% in the fourth quarter, HoldingsChannel.com reports. The fund owned 48,190 shares of the semiconductor manufacturer’s stock after selling 3,600 shares during the period. Livforsakringsbolaget Skandia Omsesidigt’s holdings in Skyworks Solutions were worth $4,576,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently bought and sold shares of SWKS. Voya Investment Management LLC lifted its holdings in shares of Skyworks Solutions by 953.8% in the 2nd quarter. Voya Investment Management LLC now owns 1,290,395 shares of the semiconductor manufacturer’s stock valued at $123,813,000 after buying an additional 1,167,942 shares during the period. Koch Industries Inc. lifted its holdings in shares of Skyworks Solutions by 11,046.5% in the 2nd quarter. Koch Industries Inc. now owns 508,502 shares of the semiconductor manufacturer’s stock valued at $503,000 after buying an additional 503,940 shares during the period. Vanguard Group Inc. lifted its holdings in shares of Skyworks Solutions by 2.8% in the 2nd quarter. Vanguard Group Inc. now owns 18,326,001 shares of the semiconductor manufacturer’s stock valued at $1,758,380,000 after buying an additional 502,995 shares during the period. Old Mutual Global Investors UK Ltd. lifted its holdings in shares of Skyworks Solutions by 27.9% in the 3rd quarter. Old Mutual Global Investors UK Ltd. now owns 1,670,875 shares of the semiconductor manufacturer’s stock valued at $170,262,000 after buying an additional 364,933 shares during the period. Finally, Parametric Portfolio Associates LLC lifted its holdings in shares of Skyworks Solutions by 129.6% in the 2nd quarter. Parametric Portfolio Associates LLC now owns 543,016 shares of the semiconductor manufacturer’s stock valued at $52,102,000 after buying an additional 306,561 shares during the period. 81.59% of the stock is owned by institutional investors.

Skyworks Solutions, Inc. (SWKS) opened at $102.19 on Thursday. Skyworks Solutions, Inc. has a one year low of $76.49 and a one year high of $117.65. The firm has a market capitalization of $18,780.00, a P/E ratio of 18.89, a P/E/G ratio of 0.99 and a beta of 0.83.

Several research firms have recently commented on SWKS. Zacks Investment Research cut Skyworks Solutions from a “hold” rating to a “sell” rating in a report on Wednesday, January 10th. Vetr cut Skyworks Solutions from a “buy” rating to a “hold” rating and set a $105.96 price target for the company. in a report on Wednesday. Bank of America raised their price target on Skyworks Solutions from $120.00 to $125.00 in a report on Tuesday, November 7th. Drexel Hamilton reissued a “buy” rating and issued a $128.00 price target (up from $120.00) on shares of Skyworks Solutions in a report on Tuesday, November 7th. Finally, BMO Capital Markets reissued a “hold” rating and issued a $100.00 price target on shares of Skyworks Solutions in a report on Monday, November 6th. Two equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating, twenty-two have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus target price of $116.00.

In other Skyworks Solutions news, CEO Liam Griffin sold 12,141 shares of the firm’s stock in a transaction on Friday, November 10th. The stock was sold at an average price of $110.95, for a total transaction of $1,347,043.95. Following the completion of the transaction, the chief executive officer now owns 49,514 shares of the company’s stock, valued at $5,493,578.30. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, VP Laura A. Gasparini sold 12,132 shares of the firm’s stock in a transaction on Monday, November 13th. The stock was sold at an average price of $110.53, for a total value of $1,340,949.96. The disclosure for this sale can be found here. Insiders sold a total of 161,864 shares of company stock valued at $17,246,539 over the last ninety days. 0.49% of the stock is currently owned by company insiders.

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Skyworks Solutions Company 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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