Xilinx, Inc. (NASDAQ:XLNX) CEO Moshe Gavrielov sold 6,399 shares of the firm’s stock in a transaction dated Thursday, October 5th. The shares were sold at an average price of $71.73, for a total transaction of $459,000.27. Following the completion of the transaction, the chief executive officer now directly owns 135,014 shares in the company, valued at approximately $9,684,554.22. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink.

Moshe Gavrielov also recently made the following trade(s):

  • On Friday, October 6th, Moshe Gavrielov sold 28,600 shares of Xilinx stock. The shares were sold at an average price of $71.78, for a total transaction of $2,052,908.00.
  • On Monday, October 2nd, Moshe Gavrielov sold 121,400 shares of Xilinx stock. The shares were sold at an average price of $70.73, for a total transaction of $8,586,622.00.
  • On Tuesday, September 19th, Moshe Gavrielov sold 25,000 shares of Xilinx stock. The shares were sold at an average price of $69.76, for a total transaction of $1,744,000.00.

Shares of Xilinx, Inc. (NASDAQ XLNX) opened at 72.01 on Friday. The stock has a 50 day moving average of $67.11 and a 200-day moving average of $64.10. Xilinx, Inc. has a 12-month low of $48.75 and a 12-month high of $72.04. The firm has a market capitalization of $17.90 billion, a P/E ratio of 30.77 and a beta of 1.10.

Xilinx (NASDAQ:XLNX) last issued its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 earnings per share for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. The company had revenue of $615.40 million for the quarter, compared to analyst estimates of $615.69 million. During the same period in the prior year, the firm earned $0.61 earnings per share. Xilinx’s revenue for the quarter was up 7.0% on a year-over-year basis. On average, equities research analysts predict that Xilinx, Inc. will post $2.54 EPS for the current fiscal year.

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XLNX has been the topic of several recent analyst reports. SunTrust Banks, Inc. reissued a “hold” rating on shares of Xilinx in a research note on Wednesday. Mizuho reissued a “neutral” rating and set a $69.00 price objective (up previously from $68.00) on shares of Xilinx in a research note on Thursday, July 27th. Raymond James Financial, Inc. reissued a “hold” rating on shares of Xilinx in a research note on Thursday, July 27th. Barclays PLC raised shares of Xilinx from an “underweight” rating to an “equal weight” rating and lifted their price objective for the stock from $53.00 to $60.00 in a research note on Tuesday, July 18th. Finally, KeyCorp set a $70.00 price objective on shares of Xilinx and gave the stock a “buy” rating in a research note on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, thirteen have given a hold rating and ten have issued a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $64.57.

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XLNX. Nordea Investment Management AB raised its position in Xilinx by 54.4% in the 1st quarter. Nordea Investment Management AB now owns 11,487 shares of the programmable devices maker’s stock valued at $665,000 after buying an additional 4,046 shares during the last quarter. KBC Group NV raised its position in Xilinx by 9.4% in the 1st quarter. KBC Group NV now owns 23,590 shares of the programmable devices maker’s stock valued at $1,366,000 after buying an additional 2,021 shares during the last quarter. Alliancebernstein L.P. raised its position in Xilinx by 3.8% in the 1st quarter. Alliancebernstein L.P. now owns 9,879,067 shares of the programmable devices maker’s stock valued at $571,899,000 after buying an additional 358,064 shares during the last quarter. MAI Capital Management raised its position in Xilinx by 46.4% in the 1st quarter. MAI Capital Management now owns 39,450 shares of the programmable devices maker’s stock valued at $2,284,000 after buying an additional 12,500 shares during the last quarter. Finally, O Shaughnessy Asset Management LLC raised its position in Xilinx by 9,866.7% in the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,691 shares of the programmable devices maker’s stock valued at $156,000 after buying an additional 2,664 shares during the last quarter. 97.42% of the stock is owned by institutional investors and hedge funds.

Xilinx Company Profile

Xilinx, Inc (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and various third-party verification and IP cores.

Insider Buying and Selling by Quarter for Xilinx (NASDAQ:XLNX)

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