One Capital Management LLC increased its position in shares of Xilinx, Inc. (NASDAQ:XLNX) by 3.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 23,177 shares of the programmable devices maker’s stock after buying an additional 810 shares during the period. One Capital Management LLC’s holdings in Xilinx were worth $2,223,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Krane Funds Advisors LLC bought a new position in Xilinx during the second quarter worth $29,000. Citizens Financial Group Inc RI raised its position in shares of Xilinx by 114.2% in the second quarter. Citizens Financial Group Inc RI now owns 257 shares of the programmable devices maker’s stock valued at $30,000 after purchasing an additional 137 shares during the period. FinTrust Capital Advisors LLC raised its position in shares of Xilinx by 168.0% in the second quarter. FinTrust Capital Advisors LLC now owns 276 shares of the programmable devices maker’s stock valued at $33,000 after purchasing an additional 173 shares during the period. Lenox Wealth Advisors LLC bought a new stake in shares of Xilinx in the second quarter valued at approximately $33,000. Finally, Cribstone Capital Management LLC raised its position in shares of Xilinx by 181.3% in the second quarter. Cribstone Capital Management LLC now owns 450 shares of the programmable devices maker’s stock valued at $53,000 after purchasing an additional 290 shares during the period. 84.85% of the stock is owned by institutional investors and hedge funds.
In other news, CEO Victor Peng sold 6,489 shares of the company’s stock in a transaction on Wednesday, August 28th. The shares were sold at an average price of $100.00, for a total value of $648,900.00. Following the completion of the sale, the chief executive officer now owns 66,887 shares of the company’s stock, valued at approximately $6,688,700. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Emre Onder sold 2,222 shares of the company’s stock in a transaction on Monday, July 29th. The shares were sold at an average price of $120.78, for a total transaction of $268,373.16. Following the completion of the sale, the senior vice president now directly owns 3,239 shares of the company’s stock, valued at approximately $391,206.42. The disclosure for this sale can be found here. Insiders sold a total of 27,048 shares of company stock worth $2,934,041 in the last three months. Insiders own 0.19% of the company’s stock.
Several research firms have recently issued reports on XLNX. Benchmark began coverage on shares of Xilinx in a research report on Tuesday, July 23rd. They issued a “hold” rating on the stock. Mizuho reaffirmed a “buy” rating and set a $140.00 target price on shares of Xilinx in a report on Sunday, August 18th. Barclays decreased their target price on shares of Xilinx from $110.00 to $100.00 and set an “equal weight” rating on the stock in a report on Thursday, September 12th. Needham & Company LLC reaffirmed a “hold” rating on shares of Xilinx in a report on Wednesday, October 2nd. Finally, KeyCorp reaffirmed an “overweight” rating and set a $130.00 target price (down previously from $140.00) on shares of Xilinx in a report on Monday, August 26th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and twelve have issued a buy rating to the company’s stock. Xilinx has a consensus rating of “Hold” and a consensus target price of $119.14.
Shares of NASDAQ:XLNX traded up $0.84 during trading on Tuesday, reaching $95.90. The company had a trading volume of 1,210,251 shares, compared to its average volume of 3,575,788. The company has a fifty day moving average of $98.42 and a two-hundred day moving average of $110.66. The stock has a market capitalization of $23.83 billion, a P/E ratio of 27.56, a price-to-earnings-growth ratio of 2.11 and a beta of 1.25. Xilinx, Inc. has a 12 month low of $68.76 and a 12 month high of $141.60. The company has a current ratio of 7.22, a quick ratio of 6.54 and a debt-to-equity ratio of 0.48.
Xilinx (NASDAQ:XLNX) last issued its quarterly earnings results on Wednesday, July 24th. The programmable devices maker reported $0.97 EPS for the quarter, topping the Zacks’ consensus estimate of $0.94 by $0.03. The firm had revenue of $849.60 million for the quarter, compared to analyst estimates of $849.76 million. Xilinx had a net margin of 29.19% and a return on equity of 35.99%. The business’s revenue for the quarter was up 24.1% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.74 EPS. As a group, equities research analysts predict that Xilinx, Inc. will post 3.72 earnings per share for the current year.
Xilinx Company Profile
Xilinx, Inc designs and develops programmable devices and associated technologies worldwide. Its programmable devices comprise integrated circuits (ICs) in the form of programmable logic devices (PLDs), such as programmable system on chips, and three dimensional ICs; adaptive compute acceleration platform; software design tools to program the PLDs; software development environments and embedded platforms; targeted reference designs; printed circuit boards; and intellectual property (IP) core licenses covering Ethernet, memory controllers, Interlaken, and peripheral component interconnect express interfaces, as well as domain-specific IP in the areas of embedded, digital signal processing and connectivity, and market-specific IP cores.
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