Liberty Capital Management Inc. Grows Position in Skyworks Solutions, Inc. (SWKS)

Liberty Capital Management Inc. lifted its holdings in Skyworks Solutions, Inc. (NASDAQ:SWKS) by 8.4% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,782 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,383 shares during the period. Liberty Capital Management Inc.’s holdings in Skyworks Solutions were worth $1,800,000 as of its most recent filing with the SEC.

Other hedge funds have also added to or reduced their stakes in the company. Financial Engines Advisors L.L.C. acquired a new position in shares of Skyworks Solutions in the third quarter valued at about $126,000. WFG Advisors LP grew its stake in Skyworks Solutions by 14.8% during the second quarter. WFG Advisors LP now owns 1,326 shares of the semiconductor manufacturer’s stock worth $127,000 after buying an additional 171 shares in the last quarter. Sun Life Financial INC grew its stake in Skyworks Solutions by 551.5% during the second quarter. Sun Life Financial INC now owns 1,342 shares of the semiconductor manufacturer’s stock worth $129,000 after buying an additional 1,136 shares in the last quarter. Intact Investment Management Inc. acquired a new stake in Skyworks Solutions during the third quarter worth about $204,000. Finally, Round Table Services LLC acquired a new stake in Skyworks Solutions during the third quarter worth about $204,000. Institutional investors and hedge funds own 81.59% of the company’s stock.

A number of equities research analysts have issued reports on the stock. BidaskClub upgraded shares of Skyworks Solutions from a “sell” rating to a “hold” rating in a research note on Friday, January 5th. Zacks Investment Research downgraded shares of Skyworks Solutions from a “hold” rating to a “sell” rating in a research note on Wednesday, January 10th. Canaccord Genuity reissued a “buy” rating and issued a $125.00 target price (up previously from $117.00) on shares of Skyworks Solutions in a report on Tuesday, November 7th. Vetr cut shares of Skyworks Solutions from a “strong-buy” rating to a “buy” rating and set a $108.40 target price for the company. in a report on Wednesday, January 3rd. Finally, Instinet reissued a “buy” rating and issued a $115.00 target price on shares of Skyworks Solutions in a report on Tuesday, September 26th. Two equities research analysts have rated the stock with a sell rating, six have assigned a hold rating, twenty-three have issued a buy rating and one has issued a strong buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $116.09.

In other Skyworks Solutions news, SVP Carlos S. Bori sold 3,083 shares of the firm’s stock in a transaction that occurred on Thursday, December 21st. The shares were sold at an average price of $98.00, for a total transaction of $302,134.00. Following the completion of the transaction, the senior vice president now owns 12,455 shares in the company, valued at approximately $1,220,590. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Liam Griffin sold 12,141 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was sold at an average price of $110.95, for a total transaction of $1,347,043.95. Following the sale, the chief executive officer now directly owns 49,514 shares of the company’s stock, valued at approximately $5,493,578.30. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 161,864 shares of company stock valued at $17,246,539. Company insiders own 0.49% of the company’s stock.

Skyworks Solutions, Inc. (NASDAQ:SWKS) traded up $1.29 during trading on Tuesday, reaching $101.21. 1,751,300 shares of the company’s stock traded hands, compared to its average volume of 1,948,833. Skyworks Solutions, Inc. has a 52-week low of $76.49 and a 52-week high of $117.65. The company has a market cap of $18,350.00, a price-to-earnings ratio of 18.71, a price-to-earnings-growth ratio of 1.01 and a beta of 0.83.

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Skyworks Solutions Company Profile

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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