Xilinx Inc. (NASDAQ:XLNX) insider Victor Peng sold 15,284 shares of Xilinx stock in a transaction on Monday, October 10th. The shares were sold at an average price of $53.07, for a total transaction of $811,121.88. Following the completion of the transaction, the insider now directly owns 44,812 shares in the company, valued at $2,378,172.84. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.

Shares of Xilinx Inc. (NASDAQ:XLNX) opened at 50.99 on Wednesday. Xilinx Inc. has a 52-week low of $40.44 and a 52-week high of $55.49. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 24.18 and a beta of 1.30. The company has a 50 day moving average of $53.42 and a 200 day moving average of $48.73.

Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, July 27th. The programmable devices maker reported $0.61 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.56 by $0.05. The business had revenue of $574.90 million for the quarter, compared to analyst estimates of $571.06 million. Xilinx had a return on equity of 21.83% and a net margin of 25.28%. The business’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company posted $0.55 EPS. Analysts predict that Xilinx Inc. will post $2.22 EPS for the current fiscal year.

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

A number of brokerages have recently commented on XLNX. MKM Partners lifted their target price on shares of Xilinx from $52.00 to $55.00 and gave the company a “neutral” rating in a report on Wednesday, August 31st. Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $60.00 target price on the stock in a report on Tuesday, September 20th. Pacific Crest lifted their target price on shares of Xilinx from $55.00 to $65.00 and gave the company an “overweight” rating in a report on Thursday, August 18th. Jefferies Group lifted their target price on shares of Xilinx from $48.00 to $50.00 and gave the company a “hold” rating in a report on Thursday, July 28th. Finally, Deutsche Bank AG lifted their target price on shares of Xilinx from $44.00 to $49.00 and gave the company a “hold” rating in a report on Thursday, July 28th. One investment analyst has rated the stock with a sell rating, fifteen have issued a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the stock. Xilinx has a consensus rating of “Hold” and a consensus price target of $50.09.

Several large investors have recently bought and sold shares of XLNX. Northwestern Mutual Wealth Management Co. raised its stake in Xilinx by 21.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,297 shares of the programmable devices maker’s stock valued at $106,000 after buying an additional 407 shares in the last quarter. Pinkerton Retirement Specialists LLC purchased a new stake in Xilinx during the second quarter valued at about $119,000. Compagnie Lombard Odier SCmA raised its stake in Xilinx by 12.4% in the second quarter. Compagnie Lombard Odier SCmA now owns 2,822 shares of the programmable devices maker’s stock valued at $130,000 after buying an additional 312 shares in the last quarter. Mizuho Asset Management Co. Ltd. raised its stake in Xilinx by 94.5% in the second quarter. Mizuho Asset Management Co. Ltd. now owns 3,186 shares of the programmable devices maker’s stock valued at $147,000 after buying an additional 1,548 shares in the last quarter. Finally, Creative Planning raised its stake in Xilinx by 2.4% in the second quarter. Creative Planning now owns 3,472 shares of the programmable devices maker’s stock valued at $160,000 after buying an additional 81 shares in the last quarter. 91.37% of the stock is currently 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.

5 Day Chart for NASDAQ:XLNX

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