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Xilinx (NASDAQ:XLNX) VP Victor Peng sold 30,000 shares of Xilinx stock in a transaction that occurred on Monday, May 19th. The stock was sold at an average price of $45.81, for a total transaction of $1,374,300.00. Following the completion of the sale, the vice president now directly owns 32,296 shares in the company, valued at approximately $1,479,480. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

A number of research firms have recently commented on XLNX. Analysts at Zacks reiterated a “neutral” rating on shares of Xilinx in a research note on Friday, April 25th. They now have a $50.00 price target on the stock. Separately, analysts at JPMorgan Chase & Co. raised their price target on shares of Xilinx from $49.00 to $52.00 in a research note on Thursday, April 24th. Finally, analysts at Jefferies Group raised their price target on shares of Xilinx from $47.00 to $53.00 in a research note on Thursday, April 24th. Eight equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has assigned a strong buy rating to the stock. The company has an average rating of “Buy” and a consensus target price of $53.00.

Shares of Xilinx (NASDAQ:XLNX) traded down 0.15% on Tuesday, hitting $45.78. 2,439,550 shares of the company’s stock traded hands. Xilinx has a 1-year low of $37.63 and a 1-year high of $55.59. The stock’s 50-day moving average is $49.59 and its 200-day moving average is $48.02. The company has a market cap of $12.275 billion and a P/E ratio of 20.94.

Xilinx (NASDAQ:XLNX) last issued its quarterly earnings data on Wednesday, April 23rd. The company reported $0.53 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.55 by $0.02. The company had revenue of $617.80 million for the quarter, compared to the consensus estimate of $611.74 million. During the same quarter last year, the company posted $0.47 earnings per share. Xilinx’s revenue was up 16.1% compared to the same quarter last year. On average, analysts predict that Xilinx will post $2.44 earnings per share for the current fiscal year.

Xilinx, Inc (NASDAQ:XLNX) designs and develops programmable devices and associated technologies.

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