Skyworks Solutions Shares Gain 4.8% Following Earnings and Executive Share Sale Filing
Skyworks Solutions shares rose 4.8% during midday trading following quarterly results. Separately, company officer Robert Terry filed notice to sell 5,724 shares.
Shares of Skyworks Solutions, Inc. climbed 4.8% during midday trading on Thursday, reaching $91.8860 after touching a peak of $92.23. The stock had finished its previous session at $87.64. Trading volume remained subdued, with 970,753 shares changing hands compared to the regular session average of 5,097,449 shares.
On November 12, 2026, Skyworks officer Robert Terry submitted a Form 144 filing outlining a proposed sale of 5,724 common shares with an aggregate value of $498,903.84. Facilitated through Morgan Stanley Smith Barney LLC Executive Financial Services, the transaction listed an approximate sale date of November 11, 2026, which was reported a day later because of a federal holiday. The shares originated from restricted stock vested between November 9, 2016, and October 5, 2026. Terry previously sold 10,000 shares on November 4, 2026, for $827,540.00 and 43,374 shares on November 6, 2026, for $3,576,639.30.
The chipmaker recently released its quarterly financial results on Tuesday, November 3rd. Skyworks posted earnings per share of $1.28, narrowly exceeding analyst estimates of $1.27. Revenue was $1.05 billion, ahead of the projected $1.04 billion. The semiconductor firm generated a net margin of 4.35% and a return on equity of 9.70%. However, shares fell 2.9% following the release as guidance for the upcoming quarter projected revenue between $1.80 billion and $1.90 billion and adjusted earnings per share of $1.25, alongside anticipated sequential declines in smartphone segment revenue.
Brokerage opinions remain divided following the report. According to MarketBeat data, Skyworks holds a consensus rating of Hold, supported by one Strong Buy, four Buys, 16 Holds, and three Sells, paired with a consensus price target of $77.94. Individual Wall Street revisions include JPMorgan Chase & Co. lifting its target from $65.00 to $77.00 with a neutral rating. Conversely, RBC Capital lowered its target to $80.00, Citigroup lowered its target from $90.00 to $79.00, and Bank of America lowered its target from $78.00 to $72.00 while assigning an underperform rating.
Institutional positioning showed changes in recent quarters, with institutional investors holding 85.43% of the company's common stock. In the second quarter, BlackRock Inc. purchased a position worth $1,393,584,000, while Pzena Investment Management LLC established a stake valued at $1,082,972,000. In contrast, Rakuten Investment Management Inc. reduced its holding by 51.3% during the third quarter, parting with 18,150 shares to retain 17,224 shares.