Xilinx Inc. (NASDAQ:XLNX) VP Victor Peng sold 12,234 shares of the stock in a transaction dated Wednesday, November 16th. The shares were sold at an average price of $54.00, for a total value of $660,636.00. Following the completion of the transaction, the vice president now directly owns 44,811 shares in the company, valued at approximately $2,419,794. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

Victor Peng also recently made the following trade(s):

  • On Tuesday, November 15th, Victor Peng sold 1 shares of Xilinx stock. The stock was sold at an average price of $54.00, for a total value of $54.00.
  • On Monday, October 10th, Victor Peng sold 15,284 shares of Xilinx stock. The stock was sold at an average price of $53.07, for a total value of $811,121.88.

Xilinx Inc. (NASDAQ:XLNX) opened at 52.98 on Monday. The company has a market capitalization of $13.38 billion, a P/E ratio of 23.65 and a beta of 1.17. The stock’s 50 day moving average price is $51.38 and its 200 day moving average price is $49.61. Xilinx Inc. has a 52 week low of $40.44 and a 52 week high of $55.49.

Xilinx (NASDAQ:XLNX) last announced its earnings results on Wednesday, October 19th. The programmable devices maker reported $0.61 EPS for the quarter, beating the consensus estimate of $0.55 by $0.06. Xilinx had a return on equity of 23.21% and a net margin of 26.32%. The company had revenue of $579 million for the quarter, compared to analyst estimates of $574.90 million. During the same quarter in the prior year, the company earned $0.48 EPS. The firm’s revenue for the quarter was up 9.7% compared to the same quarter last year. Analysts anticipate that Xilinx Inc. will post $2.24 earnings per share for the current year.

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

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, November 23rd. Investors of record on Tuesday, November 8th will be given a dividend of $0.33 per share. The ex-dividend date of this dividend is Friday, November 4th. This represents a $1.32 annualized dividend and a dividend yield of 2.49%. Xilinx’s payout ratio is 58.67%.

Large investors have recently made changes to their positions in the stock. Northwestern Mutual Wealth Management Co. increased its position 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 worth $106,000 after buying an additional 407 shares during the period. Pinkerton Retirement Specialists LLC purchased a new position in Xilinx during the second quarter worth $119,000. Compagnie Lombard Odier SCmA increased its position 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 worth $130,000 after buying an additional 312 shares during the period. Mizuho Asset Management Co. Ltd. increased its position 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 worth $147,000 after buying an additional 1,548 shares during the period. Finally, Penserra Capital Management LLC increased its position in Xilinx by 95.3% in the third quarter. Penserra Capital Management LLC now owns 2,779 shares of the programmable devices maker’s stock worth $150,000 after buying an additional 1,356 shares during the period. Institutional investors own 92.77% of the company’s stock.

XLNX has been the topic of a number of research analyst reports. Jefferies Group raised their price target on Xilinx from $48.00 to $50.00 and gave the stock a “hold” rating in a research report on Thursday, July 28th. MKM Partners raised their price target on Xilinx from $45.00 to $52.00 and gave the stock a “neutral” rating in a research report on Thursday, July 28th. Citigroup Inc. raised their price target on Xilinx from $46.00 to $49.00 and gave the stock a “neutral” rating in a research report on Thursday, July 28th. Deutsche Bank AG raised their price target on Xilinx from $44.00 to $49.00 and gave the stock a “hold” rating in a research report on Thursday, July 28th. Finally, Morgan Stanley raised their price target on Xilinx from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 28th. Fourteen research analysts have rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and an average target price of $51.56.

About Xilinx

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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