Xilinx, Inc. (NASDAQ:XLNX) CEO Moshe Gavrielov sold 15,300 shares of Xilinx stock in a transaction on Monday, May 8th. The shares were sold at an average price of $64.78, for a total transaction of $991,134.00. Following the completion of the sale, the chief executive officer now owns 245,066 shares of the company’s stock, valued at approximately $15,875,375.48. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

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

  • On Monday, May 15th, Moshe Gavrielov sold 600 shares of Xilinx stock. The shares were sold at an average price of $64.75, for a total transaction of $38,850.00.
  • On Wednesday, May 10th, Moshe Gavrielov sold 1,800 shares of Xilinx stock. The shares were sold at an average price of $64.77, for a total transaction of $116,586.00.
  • On Tuesday, May 9th, Moshe Gavrielov sold 6,900 shares of Xilinx stock. The shares were sold at an average price of $64.87, for a total transaction of $447,603.00.
  • On Thursday, April 27th, Moshe Gavrielov sold 25,400 shares of Xilinx stock. The shares were sold at an average price of $64.08, for a total transaction of $1,627,632.00.

Xilinx, Inc. (NASDAQ:XLNX) traded up 1.66% on Friday, hitting $66.70. 1,737,635 shares of the company traded hands. The firm has a market capitalization of $16.54 billion, a PE ratio of 28.75 and a beta of 1.15. Xilinx, Inc. has a 1-year low of $43.50 and a 1-year high of $66.90. The firm’s 50 day moving average price is $60.40 and its 200 day moving average price is $58.02.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, April 26th. The programmable devices maker reported $0.57 earnings per share for the quarter, beating analysts’ consensus estimates of $0.54 by $0.03. The business had revenue of $609.50 million for the quarter, compared to analyst estimates of $605.25 million. Xilinx had a return on equity of 23.89% and a net margin of 26.58%. The company’s revenue was up 6.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.54 earnings per share. Equities research analysts predict that Xilinx, Inc. will post $2.48 EPS for the current fiscal year.

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

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 1st. Stockholders of record on Tuesday, May 16th will be issued a $0.35 dividend. The ex-dividend date is Friday, May 12th. This is a positive change from Xilinx’s previous quarterly dividend of $0.33. This represents a $1.40 dividend on an annualized basis and a dividend yield of 2.13%. Xilinx’s dividend payout ratio is currently 57.89%.

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Several hedge funds and other institutional investors have recently made changes to their positions in XLNX. Great West Life Assurance Co. Can raised its position in shares of Xilinx by 2.0% in the third quarter. Great West Life Assurance Co. Can now owns 181,732 shares of the programmable devices maker’s stock worth $9,865,000 after buying an additional 3,481 shares in the last quarter. DnB Asset Management AS raised its position in shares of Xilinx by 3.6% in the third quarter. DnB Asset Management AS now owns 20,066 shares of the programmable devices maker’s stock worth $1,090,000 after buying an additional 700 shares in the last quarter. World Asset Management Inc raised its position in shares of Xilinx by 2.5% in the third quarter. World Asset Management Inc now owns 25,677 shares of the programmable devices maker’s stock worth $1,395,000 after buying an additional 633 shares in the last quarter. Capital Fund Management S.A. raised its position in shares of Xilinx by 1.7% in the third quarter. Capital Fund Management S.A. now owns 231,066 shares of the programmable devices maker’s stock worth $12,556,000 after buying an additional 3,936 shares in the last quarter. Finally, Jensen Investment Management Inc. purchased a new position in shares of Xilinx during the third quarter worth $484,000. 92.43% of the stock is currently owned by institutional investors and hedge funds.

XLNX has been the subject of several research reports. Deutsche Bank AG lifted their price target on shares of Xilinx from $49.00 to $55.00 and gave the company a “hold” rating in a research report on Monday, January 23rd. Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $65.00 price objective on the stock in a report on Tuesday, January 24th. Credit Suisse Group AG lifted their price objective on shares of Xilinx from $57.00 to $65.00 and gave the stock a “neutral” rating in a report on Thursday, January 26th. Jefferies Group LLC lifted their price objective on shares of Xilinx from $50.00 to $55.00 and gave the stock a “hold” rating in a report on Thursday, January 26th. Finally, Robert W. Baird reaffirmed a “neutral” rating on shares of Xilinx in a report on Thursday, January 26th. Three equities research analysts have rated the stock with a sell rating, eleven have given a hold rating and eight have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $60.33.

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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