Xilinx, Inc. (NASDAQ:XLNX) CEO Moshe Gavrielov sold 1,400 shares of the stock in a transaction that occurred on Monday, October 30th. The stock was sold at an average price of $73.38, for a total value of $102,732.00. Following the completion of the transaction, the chief executive officer now directly owns 111,413 shares of the company’s stock, valued at $8,175,485.94. The sale was disclosed in a filing with the SEC, which is available at this link.

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

  • On Thursday, October 5th, Moshe Gavrielov sold 6,399 shares of Xilinx stock. The stock was sold at an average price of $71.73, for a total value of $459,000.27.
  • On Friday, October 6th, Moshe Gavrielov sold 28,600 shares of Xilinx stock. The stock was sold at an average price of $71.78, for a total value of $2,052,908.00.
  • On Monday, October 2nd, Moshe Gavrielov sold 121,400 shares of Xilinx stock. The stock was sold at an average price of $70.73, for a total value of $8,586,622.00.
  • On Tuesday, September 19th, Moshe Gavrielov sold 25,000 shares of Xilinx stock. The stock was sold at an average price of $69.76, for a total value of $1,744,000.00.

Shares of Xilinx, Inc. (XLNX) traded up 0.88% on Tuesday, reaching $73.69. The company’s stock had a trading volume of 1,629,414 shares. The company has a market cap of $18.32 billion, a PE ratio of 31.49 and a beta of 1.10. Xilinx, Inc. has a 52-week low of $49.78 and a 52-week high of $73.90. The firm has a 50 day moving average of $70.61 and a 200 day moving average of $65.92.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.63 by $0.02. The company had revenue of $620.00 million during the quarter, compared to the consensus estimate of $620.99 million. Xilinx had a net margin of 25.93% and a return on equity of 25.17%. The company’s revenue for the quarter was up 7.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.61 earnings per share. Analysts predict that Xilinx, Inc. will post $2.57 earnings per share for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be issued a $0.35 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a yield of 1.90%. Xilinx’s payout ratio is 59.07%.

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XLNX has been the subject of a number of recent research reports. Credit Suisse Group reissued an “outperform” rating on shares of Xilinx in a report on Thursday, August 31st. Vetr reissued a “hold” rating on shares of Xilinx in a report on Thursday, July 20th. BidaskClub cut Xilinx from a “buy” rating to a “hold” rating in a report on Thursday, July 27th. KeyCorp set a $78.00 target price on Xilinx and gave the stock a “buy” rating in a report on Wednesday, October 11th. Finally, Barclays PLC set a $65.00 target price on Xilinx and gave the stock a “hold” rating in a report on Thursday, July 27th. Three analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and an average price target of $69.73.

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. First Merchants Corp increased its holdings in Xilinx by 5.9% in the third quarter. First Merchants Corp now owns 26,779 shares of the programmable devices maker’s stock valued at $1,896,000 after purchasing an additional 1,487 shares during the period. State Board of Administration of Florida Retirement System increased its holdings in Xilinx by 0.5% in the third quarter. State Board of Administration of Florida Retirement System now owns 374,177 shares of the programmable devices maker’s stock valued at $26,503,000 after purchasing an additional 1,884 shares during the period. Syntal Capital Partners LLC increased its holdings in Xilinx by 16.2% in the third quarter. Syntal Capital Partners LLC now owns 10,843 shares of the programmable devices maker’s stock valued at $768,000 after purchasing an additional 1,508 shares during the period. Palisade Capital Management LLC NJ increased its holdings in Xilinx by 15.6% in the third quarter. Palisade Capital Management LLC NJ now owns 151,009 shares of the programmable devices maker’s stock valued at $10,696,000 after purchasing an additional 20,331 shares during the period. Finally, Conning Inc. increased its holdings in Xilinx by 1.3% in the third quarter. Conning Inc. now owns 417,570 shares of the programmable devices maker’s stock valued at $29,576,000 after purchasing an additional 5,555 shares during the period. Institutional investors and hedge funds own 97.28% of the company’s stock.

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.

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

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