Xilinx Director John L. Doyle Sells 4,000 Shares (XLNX)
Xilinx (NASDAQ:XLNX) Director John L. Doyle unloaded 4,000 shares of Xilinx stock in a transaction that occurred on Friday, August 1st. The stock was sold at an average price of $41.40, for a total transaction of $165,600.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Xilinx (NASDAQ:XLNX) traded down 0.07% on Monday, hitting $41.32. The stock had a trading volume of 3,842,577 shares. Xilinx has a 52-week low of $39.12 and a 52-week high of $55.59. The stock has a 50-day moving average of $46.18 and a 200-day moving average of $48.57. The company has a market cap of $11.094 billion and a P/E ratio of 18.39.
Xilinx (NASDAQ:XLNX) last announced its earnings results on Tuesday, July 22nd. The company reported $0.62 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.61 by $0.01. The company had revenue of $612.60 million for the quarter, compared to the consensus estimate of $631.42 million. During the same quarter in the prior year, the company posted $0.56 earnings per share. The company’s quarterly revenue was up 5.8% on a year-over-year basis. On average, analysts predict that Xilinx will post $2.39 earnings per share for the current fiscal year.
The company also recently announced a quarterly dividend, which is scheduled for Wednesday, August 27th. Investors of record on Wednesday, August 6th will be paid a dividend of $0.29 per share. This represents a $1.16 annualized dividend and a dividend yield of 2.81%. The ex-dividend date is Monday, August 4th.
XLNX has been the subject of a number of recent research reports. Analysts at Zacks reiterated a “neutral” rating on shares of Xilinx in a research note on Friday, July 25th. They now have a $43.00 price target on the stock. Separately, analysts at Argus upgraded shares of Xilinx from a “hold” rating to a “buy” rating in a research note on Thursday, July 24th. They noted that the move was a valuation call. Finally, analysts at Topeka Capital Markets cut their price target on shares of Xilinx from $49.00 to $45.00 in a research note on Wednesday, July 23rd. They now have a “hold” rating on the stock. Thirteen research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Xilinx currently has a consensus rating of “Hold” and a consensus price target of $50.20.
Xilinx, Inc (NASDAQ:XLNX) designs and develops programmable devices and associated technologies.
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