Xilinx Inc. (NASDAQ:XLNX) CEO Moshe Gavrielov sold 11,500 shares of the firm’s stock in a transaction dated Monday, October 3rd. The stock was sold at an average price of $54.75, for a total value of $629,625.00. Following the completion of the transaction, the chief executive officer now directly owns 344,310 shares in the company, valued at approximately $18,850,972.50. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Moshe Gavrielov also recently made the following trade(s): On Tuesday, September 6th, Moshe Gavrielov sold 4,812 shares of Xilinx stock. The stock was sold at an average price of $54.73, for a total value of $263,360.76.
Shares of Xilinx Inc. (NASDAQ:XLNX) opened at 53.43 on Friday. The firm’s 50-day moving average price is $53.53 and its 200-day moving average price is $48.62. The company has a market capitalization of $13.54 billion, a price-to-earnings ratio of 25.33 and a beta of 1.30. Xilinx Inc. has a 12 month low of $40.44 and a 12 month high of $55.49.
Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, July 27th. The programmable devices maker reported $0.61 EPS for the quarter, beating the consensus estimate of $0.56 by $0.05. Xilinx had a return on equity of 21.83% and a net margin of 25.28%. The firm earned $574.90 million during the quarter, compared to analysts’ expectations of $571.06 million. During the same quarter last year, the firm earned $0.55 earnings per share. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Equities research analysts expect that Xilinx Inc. will post $2.22 EPS for the current year.
Large investors have recently bought and sold shares of the stock. BNP Paribas Arbitrage SA boosted its stake in Xilinx by 40.7% in the third quarter. BNP Paribas Arbitrage SA now owns 301,144 shares of the programmable devices maker’s stock valued at $16,364,000 after buying an additional 87,161 shares in the last quarter. Cullinan Associates Inc. boosted its stake in Xilinx by 6.8% in the third quarter. Cullinan Associates Inc. now owns 6,250 shares of the programmable devices maker’s stock valued at $340,000 after buying an additional 400 shares in the last quarter. Kentucky Retirement Systems Insurance Trust Fund bought a new stake in Xilinx during the second quarter valued at approximately $473,000. Kentucky Retirement Systems bought a new stake in Xilinx during the second quarter valued at approximately $995,000. Finally, Mason Street Advisors LLC bought a new stake in Xilinx during the second quarter valued at approximately $1,577,000. 91.37% of the stock is owned by hedge funds and other institutional investors.
Several research firms have recently commented on XLNX. BMO Capital Markets reaffirmed a “buy” rating and issued a $60.00 price objective on shares of Xilinx in a research note on Thursday, July 28th. MKM Partners raised their price objective on Xilinx from $45.00 to $52.00 and gave the stock a “neutral” rating in a research note on Thursday, July 28th. Citigroup Inc. raised their price objective on Xilinx from $46.00 to $49.00 and gave the stock a “neutral” rating in a research note on Thursday, July 28th. Zacks Investment Research downgraded Xilinx from a “hold” rating to a “sell” rating in a research note on Friday, July 22nd. Finally, Robert W. Baird reissued a “buy” rating and set a $52.00 target price on shares of Xilinx in a research note on Friday, June 17th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating, seven have issued a buy rating and one has issued a strong buy rating to the company. The stock currently has a consensus rating of “Hold” and a consensus price target of $50.09.
Xilinx Company Profile