Xilinx, Inc. (XLNX) Director Sells $180,500.00 in Stock
Xilinx, Inc. (NASDAQ:XLNX) Director Elizabeth W. Vanderslice sold 2,500 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $72.20, for a total value of $180,500.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.
Xilinx, Inc. (NASDAQ XLNX) opened at $71.81 on Monday. Xilinx, Inc. has a twelve month low of $52.54 and a twelve month high of $75.14. The company has a debt-to-equity ratio of 0.70, a current ratio of 9.86 and a quick ratio of 9.35. The company has a market capitalization of $18,020.93, a price-to-earnings ratio of 30.30, a PEG ratio of 2.97 and a beta of 1.10.
Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, topping the Zacks’ consensus estimate of $0.63 by $0.02. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The firm had revenue of $620.00 million during the quarter, compared to analyst estimates of $620.99 million. During the same period last year, the company earned $0.61 earnings per share. The business’s revenue for the quarter was up 7.1% on a year-over-year basis. research analysts anticipate that Xilinx, Inc. will post 2.59 EPS for the current fiscal year.
The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Stockholders of record on Wednesday, November 15th will be issued a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.95%. The ex-dividend date of this dividend is Tuesday, November 14th. Xilinx’s payout ratio is currently 59.07%.
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XLNX has been the subject of a number of research analyst reports. Credit Suisse Group reaffirmed an “outperform” rating on shares of Xilinx in a research report on Thursday, August 31st. Deutsche Bank AG increased their price target on Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a research report on Thursday, October 26th. Barclays PLC increased their price target on Xilinx from $65.00 to $67.00 and gave the company an “equal weight” rating in a research report on Thursday, October 26th. KeyCorp set a $78.00 price target on Xilinx and gave the company a “buy” rating in a research report on Wednesday, October 11th. Finally, BidaskClub downgraded Xilinx from a “buy” rating to a “hold” rating in a research report on Thursday, July 27th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have given a buy rating to the stock. Xilinx presently has a consensus rating of “Hold” and an average target price of $69.73.
Large investors have recently bought and sold shares of the stock. Acrospire Investment Management LLC bought a new stake in Xilinx during the second quarter valued at $103,000. Sun Life Financial INC boosted its stake in Xilinx by 22,475.0% during the second quarter. Sun Life Financial INC now owns 1,806 shares of the programmable devices maker’s stock valued at $116,000 after buying an additional 1,798 shares during the period. San Francisco Sentry Investment Group CA bought a new stake in Xilinx during the third quarter valued at $117,000. Huntington National Bank boosted its stake in Xilinx by 217.1% during the second quarter. Huntington National Bank now owns 2,794 shares of the programmable devices maker’s stock valued at $180,000 after buying an additional 1,913 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Xilinx by 46.2% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,964 shares of the programmable devices maker’s stock valued at $191,000 after buying an additional 936 shares during the period. 96.51% of the stock is owned by institutional investors.
Xilinx Company Profile
Xilinx, Inc (Xilinx) is engaged in designing and developing programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (ICs) in the form of programmable logic devices (PLDs), including programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and various third-party verification and IP cores.
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