Hudson Valley Investment Advisors Inc. ADV raised its stake in shares of Xilinx, Inc. (NASDAQ:XLNX) by 1.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 36,734 shares of the programmable devices maker’s stock after buying an additional 638 shares during the period. Hudson Valley Investment Advisors Inc. ADV’s holdings in Xilinx were worth $3,523,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently bought and sold shares of the business. Krane Funds Advisors LLC acquired a new stake in shares of Xilinx in the second quarter valued at about $29,000. Citizens Financial Group Inc RI grew 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 last quarter. FinTrust Capital Advisors LLC grew 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 last quarter. Lenox Wealth Advisors LLC acquired a new stake in shares of Xilinx in the second quarter valued at about $33,000. Finally, Cribstone Capital Management LLC grew 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 last quarter. Institutional investors own 84.86% of the company’s stock.
In other news, VP Catia Hagopian sold 1,000 shares of Xilinx stock in a transaction that occurred on Tuesday, July 30th. The shares were sold at an average price of $120.00, for a total value of $120,000.00. Following the completion of the transaction, the vice president now owns 16,674 shares in the company, valued at $2,000,880. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Vincent Tong sold 8,000 shares of Xilinx stock in a transaction that occurred on Friday, August 30th. The shares were sold at an average price of $105.00, for a total transaction of $840,000.00. Following the completion of the transaction, the executive vice president now owns 36,775 shares of the company’s stock, valued at approximately $3,861,375. The disclosure for this sale can be found here. Insiders have sold 27,048 shares of company stock worth $2,934,041 over the last ninety days. Company insiders own 0.19% of the company’s stock.
NASDAQ XLNX opened at $94.34 on Friday. The company has a current ratio of 7.22, a quick ratio of 6.54 and a debt-to-equity ratio of 0.48. The stock’s 50 day moving average is $99.00 and its two-hundred day moving average is $111.17. The company has a market capitalization of $23.97 billion, a price-to-earnings ratio of 27.11, a PEG ratio of 2.13 and a beta of 1.25. Xilinx, Inc. has a 1-year low of $68.76 and a 1-year high of $141.60.
Xilinx (NASDAQ:XLNX) last released its quarterly earnings data on Wednesday, July 24th. The programmable devices maker reported $0.97 earnings per share for the quarter, beating analysts’ consensus estimates of $0.94 by $0.03. The company had revenue of $849.60 million for the quarter, compared to the consensus estimate of $849.76 million. Xilinx had a return on equity of 35.99% and a net margin of 29.19%. The company’s quarterly revenue was up 24.1% on a year-over-year basis. During the same period in the previous year, the business earned $0.74 earnings per share. On average, analysts predict that Xilinx, Inc. will post 3.72 earnings per share for the current year.
XLNX has been the topic of several research analyst reports. Mizuho reaffirmed a “buy” rating and issued a $140.00 price target on shares of Xilinx in a research report on Sunday, August 18th. Needham & Company LLC reaffirmed a “hold” rating on shares of Xilinx in a research report on Wednesday, October 2nd. KeyCorp reissued an “overweight” rating and set a $130.00 target price (down from $140.00) on shares of Xilinx in a research report on Monday, August 26th. Nomura raised Xilinx from a “neutral” rating to a “buy” rating and set a $115.00 target price on the stock in a research report on Monday, October 14th. Finally, Zacks Investment Research raised Xilinx from a “sell” rating to a “hold” rating and set a $130.00 target price on the stock in a research report on Saturday, July 27th. Two research analysts have rated the stock with a sell rating, thirteen have given a hold rating and twelve have assigned a buy rating to the company. Xilinx presently has an average rating of “Hold” and a consensus target price of $119.14.
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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