D.A. Davidson & CO. Trims Stock Position in Skyworks Solutions, Inc. $SWKS

D.A. Davidson & CO. lessened its stake in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) by 66.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,113 shares of the semiconductor manufacturer’s stock after selling 12,048 shares during the period. D.A. Davidson & CO.’s holdings in Skyworks Solutions were worth $471,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of SWKS. Park Place Capital Corp raised its position in Skyworks Solutions by 62.1% during the 2nd 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. Financial Consulate Inc. bought a new position in shares of Skyworks Solutions during the 3rd quarter worth $29,000. Atlantic Union Bankshares Corp purchased a new position in shares of Skyworks Solutions during the second quarter valued at $28,000. Clearstead Trust LLC raised its holdings in shares of Skyworks Solutions by 200.0% in the second 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 purchased a new stake in Skyworks Solutions in the second quarter worth about $32,000. Hedge funds and other institutional investors own 85.43% of the company’s stock.

Insider Buying and Selling at Skyworks Solutions

In related news, EVP Reza Kasnavi sold 7,332 shares of Skyworks Solutions stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $62.26, for a total transaction of $456,490.32. Following the completion of the transaction, the executive vice president directly owned 26,087 shares in the company, valued at approximately $1,624,176.62. This trade represents a 21.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Robert John Terry sold 4,945 shares of the company’s stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $62.28, for a total transaction of $307,974.60. Following the completion of the transaction, the senior vice president owned 19,824 shares of the company’s stock, valued at approximately $1,234,638.72. This trade represents a 19.96% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.28% of the stock is owned by corporate insiders.

Skyworks Solutions Price Performance

NASDAQ SWKS opened at $58.50 on Wednesday. The firm’s fifty day simple moving average is $65.44 and its two-hundred day simple moving average is $71.48. The firm has a market capitalization of $8.77 billion, a P/E ratio of 19.06 and a beta of 1.30. The company has a current ratio of 2.33, a quick ratio of 1.76 and a debt-to-equity ratio of 0.09. Skyworks Solutions, Inc. has a 12-month low of $47.93 and a 12-month high of $95.46.

Skyworks Solutions (NASDAQ:SWKS) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.76 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.23. Skyworks Solutions had a return on equity of 12.01% and a net margin of 11.67%.The firm had revenue of $1.10 billion during the quarter. During the same period in the previous year, the business earned $1.55 EPS. The firm’s revenue for the quarter was up 7.3% compared to the same quarter last year. Skyworks Solutions has set its Q1 2026 guidance at 1.400-1.400 EPS. Analysts forecast that Skyworks Solutions, Inc. will post 3.7 EPS for the current fiscal year.

Skyworks Solutions Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, December 9th. Shareholders of record on Tuesday, November 18th were paid a dividend of $0.71 per share. The ex-dividend date was Tuesday, November 18th. This represents a $2.84 dividend on an annualized basis and a yield of 4.9%. Skyworks Solutions’s dividend payout ratio is presently 92.51%.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SWKS shares. BNP Paribas Exane raised their target price on shares of Skyworks Solutions from $71.00 to $73.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. JPMorgan Chase & Co. lifted their price objective on shares of Skyworks Solutions from $66.00 to $74.00 and gave the company a “neutral” rating in a report on Wednesday, November 5th. Benchmark reissued a “hold” rating on shares of Skyworks Solutions in a research note on Wednesday, October 29th. Barclays upgraded Skyworks Solutions from an “underweight” rating to an “equal weight” rating and upped their target price for the stock from $58.00 to $88.00 in a report on Wednesday, October 29th. Finally, Cfra Research upgraded Skyworks Solutions from a “moderate sell” rating to a “hold” rating in a report on Tuesday, October 28th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seventeen have given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $82.59.

Skyworks Solutions Profile

Skyworks Solutions, Inc is a leading semiconductor company that designs and manufactures analog and mixed-signal semiconductors for use in radio frequency (RF) and mobile communications markets. The company’s portfolio includes power amplifiers, front-end modules, switches, filters, low-noise amplifiers, and other components that enable wireless connectivity in smartphones, tablets, wearables, automotive telematics, and broadband infrastructure. With a focus on energy efficiency and integration, Skyworks serves a broad range of customers in the mobile, Internet of Things (IoT), automotive, connected home, and industrial end markets.

Headquartered in Irvine, California, Skyworks operates a network of design, development, and manufacturing facilities across North America, Europe, and the Asia-Pacific region.