Skyworks Solutions (NASDAQ:SWKS) EVP Sells $456,490.32 in Stock

Skyworks Solutions, Inc. (NASDAQ:SWKS) EVP Reza Kasnavi sold 7,332 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total value of $456,490.32. Following the transaction, the executive vice president owned 26,087 shares in the company, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink.

Skyworks Solutions Trading Down 3.3%

Skyworks Solutions stock traded down $2.09 during midday trading on Thursday, hitting $60.50. 3,775,293 shares of the stock were exchanged, compared to its average volume of 3,293,921. The stock has a market capitalization of $9.00 billion, a PE ratio of 24.20 and a beta of 1.21. The company has a fifty day simple moving average of $74.32 and a two-hundred day simple moving average of $73.23. The company has a quick ratio of 1.80, a current ratio of 2.39 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 52 week low of $47.93 and a 52 week high of $95.46.

Skyworks Solutions (NASDAQ:SWKS) last posted its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping the consensus estimate of $1.53 by $0.23. The company had revenue of $1.10 billion for the quarter. Skyworks Solutions had a net margin of 9.88% and a return on equity of 11.77%. The company’s revenue for the quarter was up 7.3% on a year-over-year basis. During the same quarter last year, the business posted $1.55 earnings per share. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Equities research analysts anticipate that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th will be issued a dividend of $0.71 per share. The ex-dividend date is Tuesday, November 18th. This represents a $2.84 annualized dividend and a yield of 4.7%. Skyworks Solutions’s payout ratio is currently 92.51%.

Wall Street Analyst Weigh In

Several brokerages have issued reports on SWKS. Morgan Stanley increased their price target on Skyworks Solutions from $65.00 to $89.00 and gave the stock an “equal weight” rating in a report on Wednesday, October 29th. Barclays upgraded Skyworks Solutions from an “underweight” rating to an “equal weight” rating and boosted their price objective for the company from $58.00 to $88.00 in a research report on Wednesday, October 29th. Cfra set a $90.00 target price on Skyworks Solutions in a research note on Tuesday, October 28th. Arete Research raised shares of Skyworks Solutions to a “strong-buy” rating in a research note on Thursday, August 14th. Finally, Stifel Nicolaus set a $72.00 price target on shares of Skyworks Solutions in a report on Wednesday, November 5th. One research analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seventeen have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $83.18.

Institutional Trading of Skyworks Solutions

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Park Place Capital Corp grew its position in Skyworks Solutions by 62.1% in the second quarter. Park Place Capital Corp now owns 368 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 141 shares in the last quarter. Atlantic Union Bankshares Corp bought a new stake in Skyworks Solutions during the 2nd quarter worth about $28,000. Financial Consulate Inc. acquired a new position in shares of Skyworks Solutions during the 3rd quarter worth about $29,000. Clearstead Trust LLC grew its holdings in shares of Skyworks Solutions by 200.0% in the 2nd quarter. Clearstead Trust LLC now owns 411 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 274 shares in the last quarter. Finally, CYBER HORNET ETFs LLC bought a new position in shares of Skyworks Solutions in the 2nd quarter valued at about $32,000. 85.43% of the stock is currently owned by institutional investors and hedge funds.

Skyworks Solutions Company 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.