Xilinx, Inc. (XLNX) CEO Moshe Gavrielov Sells 121,400 Shares
Xilinx, Inc. (NASDAQ:XLNX) CEO Moshe Gavrielov sold 121,400 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $70.73, for a total value of $8,586,622.00. Following the sale, the chief executive officer now directly owns 164,304 shares of the company’s stock, valued at $11,621,221.92. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website.
Moshe Gavrielov also recently made the following trade(s):
- On Tuesday, September 19th, Moshe Gavrielov sold 25,000 shares of Xilinx stock. The shares were sold at an average price of $69.76, for a total transaction of $1,744,000.00.
Shares of Xilinx, Inc. (NASDAQ XLNX) traded up 0.96% on Tuesday, hitting $71.15. The company had a trading volume of 1,746,922 shares. The stock has a market cap of $17.69 billion, a PE ratio of 30.41 and a beta of 1.10. The company has a 50-day moving average of $66.31 and a 200 day moving average of $63.91. Xilinx, Inc. has a 12 month low of $48.75 and a 12 month high of $71.76.
Xilinx (NASDAQ:XLNX) last released its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 EPS for the quarter, topping analysts’ consensus estimates of $0.60 by $0.03. Xilinx had a net margin of 26.22% and a return on equity of 24.70%. The business had revenue of $615.40 million for the quarter, compared to the consensus estimate of $615.69 million. During the same period in the previous year, the firm earned $0.61 EPS. The business’s revenue for the quarter was up 7.0% on a year-over-year basis. Analysts anticipate that Xilinx, Inc. will post $2.54 EPS for the current fiscal year.
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A number of equities analysts have commented on the stock. Vetr upgraded shares of Xilinx from a “sell” rating to a “buy” rating and set a $69.47 price objective for the company in a research report on Monday, June 19th. Jefferies Group LLC raised shares of Xilinx from a “hold” rating to a “buy” rating and lifted their target price for the company from $68.00 to $77.00 in a report on Monday, July 10th. BidaskClub downgraded shares of Xilinx from a “strong-buy” rating to a “buy” rating in a report on Wednesday, July 19th. KeyCorp set a $70.00 target price on shares of Xilinx and gave the company a “buy” rating in a report on Thursday, July 27th. Finally, Credit Suisse Group set a $75.00 price target on shares of Xilinx and gave the stock a “buy” rating in a research note on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, twelve have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and an average target price of $64.57.
Several hedge funds and other institutional investors have recently bought and sold shares of the business. Acrospire Investment Management LLC acquired a new stake in shares of Xilinx during the 2nd quarter valued at $103,000. Sun Life Financial INC boosted its stake in shares of Xilinx by 22,475.0% during the 2nd quarter. Sun Life Financial INC now owns 1,806 shares of the programmable devices maker’s stock worth $116,000 after acquiring an additional 1,798 shares in the last quarter. O Shaughnessy Asset Management LLC boosted its stake in shares of Xilinx by 9,866.7% during the 1st quarter. O Shaughnessy Asset Management LLC now owns 2,691 shares of the programmable devices maker’s stock worth $156,000 after acquiring an additional 2,664 shares in the last quarter. Huntington National Bank boosted its stake in shares of Xilinx by 217.1% during the 2nd quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock worth $180,000 after acquiring an additional 1,913 shares in the last quarter. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Xilinx by 46.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,964 shares of the programmable devices maker’s stock worth $191,000 after acquiring an additional 936 shares in the last quarter. 97.42% of the stock is currently owned by institutional investors.
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.
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