Moody Lynn & Lieberson LLC cut its holdings in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 3.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 24,018 shares of the semiconductor manufacturer’s stock after selling 909 shares during the period. Moody Lynn & Lieberson LLC’s holdings in Skyworks Solutions were worth $2,447,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also bought and sold shares of the company. Vanguard Group Inc. raised its stake 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 purchasing an additional 502,995 shares during the period. Bank of New York Mellon Corp raised its stake in shares of Skyworks Solutions by 3.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,652,096 shares of the semiconductor manufacturer’s stock valued at $254,468,000 after purchasing an additional 95,860 shares during the period. Old Mutual Global Investors UK Ltd. raised its stake 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 purchasing an additional 364,933 shares during the period. Voya Investment Management LLC raised its stake 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 purchasing an additional 1,167,942 shares during the period. Finally, APG Asset Management N.V. raised its stake in shares of Skyworks Solutions by 23.9% in the 3rd quarter. APG Asset Management N.V. now owns 1,286,939 shares of the semiconductor manufacturer’s stock valued at $131,139,000 after purchasing an additional 248,200 shares during the period. Hedge funds and other institutional investors own 80.58% of the company’s stock.

Several research firms have issued reports on SWKS. Zacks Investment Research raised Skyworks Solutions from a “sell” rating to a “hold” rating in a research note on Friday. Vetr raised Skyworks Solutions from a “hold” rating to a “buy” rating and set a $118.57 price target on the stock in a research note on Tuesday, November 7th. Mizuho reaffirmed a “buy” rating on shares of Skyworks Solutions in a research report on Tuesday, November 7th. Bank of America Corporation lifted their target price on Skyworks Solutions from $120.00 to $125.00 in a research report on Tuesday, November 7th. Finally, B. Riley reaffirmed a “buy” rating and issued a $131.00 target price on shares of Skyworks Solutions in a research report on Tuesday, November 7th. One analyst has rated the stock with a sell rating, six have issued a hold rating, twenty-three have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company currently has a consensus rating of “Buy” and a consensus price target of $115.68.

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In other Skyworks Solutions news, Director Christine King sold 3,705 shares of the business’s stock in a transaction that occurred on Wednesday, September 6th. The shares were sold at an average price of $106.82, for a total transaction of $395,768.10. Following the completion of the transaction, the director now directly owns 16,641 shares in the company, valued at $1,777,591.62. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Liam Griffin sold 13,858 shares of the business’s stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of $102.18, for a total transaction of $1,416,010.44. The disclosure for this sale can be found here. Over the last quarter, insiders sold 20,173 shares of company stock valued at $2,072,726. 0.49% of the stock is currently owned by corporate insiders.

Shares of Skyworks Solutions, Inc. (NASDAQ SWKS) traded down $0.71 during mid-day trading on Monday, hitting $110.41. The company had a trading volume of 1,921,600 shares, compared to its average volume of 2,003,451. The company has a market capitalization of $20,340.00, a PE ratio of 18.34, a P/E/G ratio of 1.09 and a beta of 0.90. Skyworks Solutions, Inc. has a fifty-two week low of $71.65 and a fifty-two week high of $117.65.

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

About Skyworks Solutions

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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