520 Shares in Skyworks Solutions, Inc. (NASDAQ:SWKS) Acquired by Hara Capital LLC

Hara Capital LLC purchased a new position in shares of Skyworks Solutions, Inc. (NASDAQ:SWKS) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 520 shares of the semiconductor manufacturer’s stock, valued at approximately $51,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Sequoia Financial Advisors LLC raised its position in Skyworks Solutions by 4.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 2,244 shares of the semiconductor manufacturer’s stock valued at $239,000 after purchasing an additional 87 shares in the last quarter. AlphaMark Advisors LLC raised its position in Skyworks Solutions by 14.8% during the 2nd quarter. AlphaMark Advisors LLC now owns 777 shares of the semiconductor manufacturer’s stock valued at $83,000 after purchasing an additional 100 shares in the last quarter. Oregon Public Employees Retirement Fund raised its position in Skyworks Solutions by 0.7% during the 2nd quarter. Oregon Public Employees Retirement Fund now owns 13,776 shares of the semiconductor manufacturer’s stock valued at $1,468,000 after purchasing an additional 100 shares in the last quarter. Zega Financial LLC raised its position in Skyworks Solutions by 5.0% during the 2nd quarter. Zega Financial LLC now owns 2,100 shares of the semiconductor manufacturer’s stock valued at $224,000 after purchasing an additional 100 shares in the last quarter. Finally, Elo Mutual Pension Insurance Co raised its position in Skyworks Solutions by 0.7% during the 2nd quarter. Elo Mutual Pension Insurance Co now owns 14,722 shares of the semiconductor manufacturer’s stock valued at $1,569,000 after purchasing an additional 107 shares in the last quarter. 85.43% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently commented on SWKS. Bank of America boosted their price target on Skyworks Solutions from $95.00 to $110.00 and gave the stock an “underperform” rating in a research report on Wednesday, July 31st. Craig Hallum boosted their price target on Skyworks Solutions from $125.00 to $140.00 and gave the stock a “buy” rating in a research report on Wednesday, July 31st. Piper Sandler reduced their price target on Skyworks Solutions from $115.00 to $95.00 and set a “neutral” rating for the company in a research report on Friday, October 25th. B. Riley reduced their price target on Skyworks Solutions from $140.00 to $120.00 and set a “buy” rating for the company in a research report on Thursday, October 24th. Finally, Susquehanna reduced their price target on Skyworks Solutions from $125.00 to $110.00 and set a “neutral” rating for the company in a research report on Monday, October 21st. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and five have given a buy rating to the company. According to MarketBeat, Skyworks Solutions has a consensus rating of “Hold” and an average target price of $110.20.

Skyworks Solutions Stock Up 0.8 %

Shares of SWKS opened at $91.17 on Friday. Skyworks Solutions, Inc. has a 52 week low of $86.21 and a 52 week high of $120.86. The company has a quick ratio of 4.29, a current ratio of 5.75 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $14.56 billion, a price-to-earnings ratio of 18.80, a PEG ratio of 4.10 and a beta of 1.21. The stock’s 50-day moving average price is $97.31 and its 200-day moving average price is $100.89.

Insider Transactions at Skyworks Solutions

In other news, SVP Reza Kasnavi sold 1,843 shares of the company’s stock in a transaction dated Friday, August 16th. The stock was sold at an average price of $107.47, for a total value of $198,067.21. Following the sale, the senior vice president now owns 17,455 shares in the company, valued at $1,875,888.85. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. In other Skyworks Solutions news, SVP Carlos S. Bori sold 10,177 shares of the stock in a transaction that occurred on Monday, October 14th. The stock was sold at an average price of $97.63, for a total transaction of $993,580.51. Following the transaction, the senior vice president now owns 27,026 shares in the company, valued at approximately $2,638,548.38. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Reza Kasnavi sold 1,843 shares of the stock in a transaction that occurred on Friday, August 16th. The stock was sold at an average price of $107.47, for a total value of $198,067.21. Following the transaction, the senior vice president now owns 17,455 shares in the company, valued at $1,875,888.85. This represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 21,341 shares of company stock worth $2,142,110 over the last quarter. 0.34% of the stock is currently owned by insiders.

About Skyworks Solutions

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.