UNIVEST FINANCIAL Corp reduced its stake in Skyworks Solutions to 34,746 shares, valued at $3.7M.

UNIVEST FINANCIAL Corp reduced its stake in Skyworks Solutions, Inc. (NASDAQ:SWKS) to 34,746 shares, valued at $3.7 million. Institutional investors collectively own 85.43% of the company, with Narwhal Capital increasing its stake by 60.6%. Skyworks reported a revenue decline of 15.5% year-over-year but maintained strong margins. Analysts have a consensus "Hold" rating with a price target of $113.94. The stock opened at $98.79, with solid financial ratios.

September 07, 2024
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