29% Of This Skyworks Solutions Insider's Holdings Were Sold

Looking at Skyworks Solutions, Inc.'s (NASDAQ:SWKS ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.

While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.

See our latest analysis for Skyworks Solutions

The Last 12 Months Of Insider Transactions At Skyworks Solutions

The Independent Non-Employee Director, Robert Schriesheim, made the biggest insider sale in the last 12 months. That single transaction was for US$2.3m worth of shares at a price of US$90.27 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$93.96. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. However, while insider selling is sometimes discouraging, it's only a weak signal. This single sale was just 29% of Robert Schriesheim's stake. The only individual insider seller over the last year was Robert Schriesheim.

You can see the insider transactions (by companies and individuals) over the last year depicted in the chart below. By clicking on the graph below, you can see the precise details of each insider transaction!

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Insider Ownership Of Skyworks Solutions

For a common shareholder, it is worth checking how many shares are held by company insiders. We usually like to see fairly high levels of insider ownership. Insiders own 0.4% of Skyworks Solutions shares, worth about US$61m. We've certainly seen higher levels of insider ownership elsewhere, but these holdings are enough to suggest alignment between insiders and the other shareholders.

What Might The Insider Transactions At Skyworks Solutions Tell Us?

The fact that there have been no Skyworks Solutions insider transactions recently certainly doesn't bother us. We don't take much encouragement from the transactions by Skyworks Solutions insiders. But we do like the fact that insiders own a fair chunk of the company. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. While conducting our analysis, we found that Skyworks Solutions has 1 warning sign and it would be unwise to ignore this.

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For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.