Moshe Gavrielov Sells 28,600 Shares of Xilinx, Inc. (XLNX) Stock

Xilinx, Inc. (NASDAQ:XLNX) CEO Moshe Gavrielov sold 28,600 shares of the stock in a transaction dated Friday, October 6th. The shares were sold at an average price of $71.78, for a total value of $2,052,908.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through 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 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. (NASDAQ XLNX) opened at 72.01 on Friday. The firm has a market capitalization of $17.90 billion, a PE ratio of 30.77 and a beta of 1.10. Xilinx, Inc. has a 52-week low of $48.75 and a 52-week high of $72.04. The company has a 50-day moving average price of $67.11 and a 200 day moving average price of $64.10.

Xilinx (NASDAQ:XLNX) last announced its earnings results on Wednesday, July 26th. The programmable devices maker reported $0.63 EPS for the quarter, topping the consensus estimate of $0.60 by $0.03. The business had revenue of $615.40 million for the quarter, compared to the consensus estimate of $615.69 million. Xilinx had a return on equity of 24.70% and a net margin of 26.22%. Xilinx’s revenue was up 7.0% compared to the same quarter last year. During the same period in the previous year, the business earned $0.61 EPS. Analysts expect that Xilinx, Inc. will post $2.54 EPS for the current fiscal year.

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A number of research analysts have commented on XLNX shares. Credit Suisse Group reaffirmed an “outperform” rating on shares of Xilinx in a report on Thursday, August 31st. Pacific Crest reaffirmed an “overweight” rating and set a $70.00 target price on shares of Xilinx in a report on Wednesday, June 21st. Vetr raised Xilinx from a “sell” rating to a “buy” rating and set a $69.47 target price on the stock in a report on Monday, June 19th. BidaskClub raised Xilinx from a “buy” rating to a “strong-buy” rating in a report on Saturday, June 24th. Finally, Raymond James Financial, Inc. reaffirmed a “mkt perform” rating on shares of Xilinx in a report on Friday, June 16th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and ten have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of $64.57.

Several institutional investors and hedge funds have recently made changes to their positions in XLNX. Acrospire Investment Management LLC acquired a new position in shares of Xilinx in the 2nd quarter worth approximately $103,000. Sun Life Financial INC boosted its holdings in shares of Xilinx by 22,475.0% in 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 holdings in shares of Xilinx by 9,866.7% in 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 holdings in shares of Xilinx by 217.1% in 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 holdings in shares of Xilinx by 46.2% in 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 and hedge funds.

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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