Skyworks Solutions, Inc. (NASDAQ:SWKS) Shares Bought by Mizuho Securities USA LLC

Mizuho Securities USA LLC boosted its position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS - Free Report) by 46.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 15,137 shares of the semiconductor manufacturer's stock after acquiring an additional 4,780 shares during the period. Mizuho Securities USA LLC's holdings in Skyworks Solutions were worth $1,342,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in SWKS. Erste Asset Management GmbH bought a new position in shares of Skyworks Solutions in the third quarter worth about $27,000. Golden State Wealth Management LLC acquired a new stake in shares of Skyworks Solutions in the fourth quarter valued at about $28,000. SBI Securities Co. Ltd. acquired a new stake in Skyworks Solutions in the fourth quarter valued at $29,000. Picton Mahoney Asset Management bought a new stake in Skyworks Solutions in the 4th quarter valued at $33,000. Finally, Quest Partners LLC bought a new position in shares of Skyworks Solutions during the third quarter worth approximately $41,000. 85.43% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Skyworks Solutions

In related news, CEO Philip G. Brace bought 10,000 shares of the firm's stock in a transaction on Tuesday, February 25th. The shares were bought at an average price of $66.13 per share, with a total value of $661,300.00. Following the completion of the transaction, the chief executive officer now directly owns 10,000 shares of the company's stock, valued at $661,300. This represents a ∞ increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.34% of the company's stock.

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Skyworks Solutions Stock Down 3.4 %

Skyworks Solutions stock traded down $2.23 during midday trading on Friday, reaching $64.07. The company's stock had a trading volume of 614,899 shares, compared to its average volume of 2,641,603. Skyworks Solutions, Inc. has a 52-week low of $62.01 and a 52-week high of $120.86. The stock has a market capitalization of $10.30 billion, a P/E ratio of 19.66, a PEG ratio of 1.79 and a beta of 1.18. The company has a debt-to-equity ratio of 0.16, a current ratio of 5.94 and a quick ratio of 4.73. The stock's 50-day simple moving average is $73.79 and its 200-day simple moving average is $85.80.

Skyworks Solutions (NASDAQ:SWKS - Get Free Report) last released its quarterly earnings data on Wednesday, February 5th. The semiconductor manufacturer reported $1.31 earnings per share for the quarter, missing analysts' consensus estimates of $1.57 by ($0.26). Skyworks Solutions had a return on equity of 12.60% and a net margin of 13.02%. On average, sell-side analysts expect that Skyworks Solutions, Inc. will post 3.7 EPS for the current year.

Skyworks Solutions Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, March 17th. Stockholders of record on Monday, February 24th were paid a $0.70 dividend. This represents a $2.80 annualized dividend and a dividend yield of 4.37%. The ex-dividend date was Monday, February 24th. Skyworks Solutions's dividend payout ratio is currently 85.89%.

Wall Street Analyst Weigh In

A number of research analysts recently commented on SWKS shares. Bank of America decreased their price target on Skyworks Solutions from $88.00 to $60.00 and set an "underperform" rating on the stock in a research report on Thursday, February 6th. Mizuho cut Skyworks Solutions from an "outperform" rating to a "neutral" rating and lowered their target price for the stock from $105.00 to $62.00 in a report on Thursday, February 6th. B. Riley cut shares of Skyworks Solutions from a "buy" rating to a "neutral" rating and decreased their price target for the company from $110.00 to $65.00 in a research report on Thursday, February 6th. Argus lowered shares of Skyworks Solutions from a "buy" rating to a "hold" rating in a report on Monday, February 10th. Finally, Needham & Company LLC reaffirmed a "hold" rating on shares of Skyworks Solutions in a research report on Thursday, February 6th. Three analysts have rated the stock with a sell rating, twenty have assigned a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $83.78.

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.