Xilinx, Inc. (NASDAQ:XLNX) EVP William Christopher Madden sold 3,733 shares of the firm’s stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $114.88, for a total value of $428,847.04. Following the transaction, the executive vice president now owns 12,600 shares of the company’s stock, valued at $1,447,488. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.
William Christopher Madden also recently made the following trade(s):
- On Friday, July 5th, William Christopher Madden sold 3,087 shares of Xilinx stock. The shares were sold at an average price of $115.97, for a total value of $357,999.39.
- On Friday, May 17th, William Christopher Madden sold 435 shares of Xilinx stock. The shares were sold at an average price of $105.69, for a total value of $45,975.15.
NASDAQ XLNX opened at $118.37 on Friday. Xilinx, Inc. has a one year low of $66.35 and a one year high of $141.60. The stock has a 50-day simple moving average of $109.99. The company has a market cap of $29.49 billion, a P/E ratio of 34.01, a price-to-earnings-growth ratio of 2.48 and a beta of 1.27. The company has a debt-to-equity ratio of 0.43, a current ratio of 8.19 and a quick ratio of 7.53.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, April 24th. The programmable devices maker reported $0.94 EPS for the quarter, missing the consensus estimate of $0.96 by ($0.02). Xilinx had a return on equity of 34.72% and a net margin of 29.09%. The business had revenue of $828.36 million during the quarter, compared to the consensus estimate of $826.51 million. During the same quarter in the previous year, the business posted $0.75 earnings per share. Xilinx’s quarterly revenue was up 29.8% compared to the same quarter last year. On average, equities research analysts anticipate that Xilinx, Inc. will post 3.91 EPS for the current year.
XLNX has been the subject of several analyst reports. Needham & Company LLC downgraded Xilinx from a “buy” rating to a “hold” rating in a report on Thursday, April 25th. ValuEngine downgraded Zumiez from a “hold” rating to a “sell” rating in a report on Monday, May 13th. Cowen raised their price target on ServiceNow from $260.00 to $280.00 and gave the company an “outperform” rating in a report on Thursday, April 25th. Morgan Stanley set a $143.00 price target on FedEx and gave the company a “hold” rating in a report on Monday, June 10th. Finally, Goldman Sachs Group restated a “hold” rating and set a $116.00 price target on shares of Cie Gnrl des Etblsmnts Michelin SCA in a report on Thursday, April 25th. Thirteen research analysts have rated the stock with a hold rating and thirteen have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $117.18.
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in XLNX. Shamrock Asset Management LLC purchased a new position in Xilinx in the first quarter worth about $25,000. Jackson Grant Investment Advisers Inc. purchased a new position in Xilinx in the first quarter worth about $25,000. CWM LLC boosted its position in Xilinx by 225.0% in the first quarter. CWM LLC now owns 221 shares of the programmable devices maker’s stock worth $28,000 after purchasing an additional 153 shares during the last quarter. Strategy Asset Managers LLC purchased a new position in Xilinx in the first quarter worth about $38,000. Finally, TCI Wealth Advisors Inc. boosted its position in Xilinx by 206.8% in the first quarter. TCI Wealth Advisors Inc. now owns 359 shares of the programmable devices maker’s stock worth $46,000 after purchasing an additional 242 shares during the last quarter. Institutional investors own 85.46% of the company’s stock.
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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