Xilinx, Inc. (NASDAQ:XLNX) EVP William Christopher Madden sold 3,733 shares of Xilinx stock in a transaction that occurred 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 sale, the executive vice president now directly owns 12,600 shares in the company, valued at approximately $1,447,488. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

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. 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 current ratio of 8.19, a quick ratio of 7.53 and a debt-to-equity ratio of 0.43. The business has a 50 day moving average price of $109.99. Xilinx, Inc. has a 1 year low of $66.35 and a 1 year high of $141.60.

Xilinx (NASDAQ:XLNX) last released its earnings results on Wednesday, April 24th. The programmable devices maker reported $0.94 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.96 by ($0.02). The company had revenue of $828.36 million for the quarter, compared to the consensus estimate of $826.51 million. Xilinx had a net margin of 29.09% and a return on equity of 34.72%. The business’s revenue for the quarter was up 29.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.75 EPS. On average, equities research analysts expect that Xilinx, Inc. will post 3.91 EPS for the current fiscal year.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Jackson Grant Investment Advisers Inc. bought a new position in shares of Xilinx during the 1st quarter valued at approximately $25,000. Shamrock Asset Management LLC bought a new position in shares of Xilinx during the 1st quarter valued at approximately $25,000. CWM LLC increased its position in shares of Xilinx by 225.0% during the 1st quarter. CWM LLC now owns 221 shares of the programmable devices maker’s stock valued at $28,000 after purchasing an additional 153 shares during the last quarter. Strategy Asset Managers LLC bought a new position in shares of Xilinx during the 1st quarter valued at approximately $38,000. Finally, TCI Wealth Advisors Inc. increased its position in shares of Xilinx by 206.8% during the 1st quarter. TCI Wealth Advisors Inc. now owns 359 shares of the programmable devices maker’s stock valued at $46,000 after purchasing an additional 242 shares during the last quarter. 85.46% of the stock is currently owned by hedge funds and other institutional investors.

XLNX has been the topic of several recent analyst reports. KeyCorp lifted their target price on Tempur Sealy International from $80.00 to $90.00 and gave the company a “positive” rating in a research note on Tuesday, June 18th. Zacks Investment Research raised Gerdau from a “sell” rating to a “hold” rating in a research note on Monday, May 13th. Mizuho lifted their price objective on El Paso Electric from $50.00 to $58.00 and gave the stock a “neutral” rating in a research note on Friday, March 29th. Nomura started coverage on NVIDIA in a research note on Tuesday, April 2nd. They issued a “neutral” rating and a $147.00 price objective on the stock. Finally, Credit Suisse Group reaffirmed a “hold” rating and issued a $32.00 price objective on shares of CRH in a research note on Thursday, April 25th. Thirteen analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. Xilinx currently has a consensus rating of “Buy” and an average price target of $117.18.

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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