HAP Trading LLC Acquires Shares of 25,729 Xilinx, Inc. (NASDAQ:XLNX)

HAP Trading LLC bought a new stake in Xilinx, Inc. (NASDAQ:XLNX) in the 2nd quarter, according to its most recent filing with the SEC. The fund bought 25,729 shares of the programmable devices maker’s stock, valued at approximately $3,721,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of XLNX. Atlas Capital Advisors LLC acquired a new position in shares of Xilinx in the 1st quarter valued at $25,000. Sandy Spring Bank lifted its stake in shares of Xilinx by 83.2% in the 2nd quarter. Sandy Spring Bank now owns 174 shares of the programmable devices maker’s stock valued at $25,000 after purchasing an additional 79 shares during the period. CSat Investment Advisory L.P. lifted its stake in shares of Xilinx by 81.2% in the 1st quarter. CSat Investment Advisory L.P. now owns 212 shares of the programmable devices maker’s stock valued at $26,000 after purchasing an additional 95 shares during the period. Burleson & Company LLC acquired a new position in shares of Xilinx in the 1st quarter valued at $32,000. Finally, KB Financial Partners LLC acquired a new position in shares of Xilinx in the 1st quarter valued at $39,000. Hedge funds and other institutional investors own 77.93% of the company’s stock.

A number of equities analysts have weighed in on the stock. Truist upped their price objective on shares of Xilinx from $135.00 to $143.00 and gave the stock a “hold” rating in a research report on Thursday, July 29th. BMO Capital Markets upped their price objective on shares of Xilinx from $130.00 to $140.00 and gave the stock a “market perform” rating in a research report on Thursday, July 29th. Deutsche Bank Aktiengesellschaft upped their price objective on shares of Xilinx from $135.00 to $155.00 and gave the stock a “hold” rating in a research report on Thursday, July 29th. Wells Fargo & Company upped their price objective on shares of Xilinx from $110.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Thursday, July 29th. Finally, Barclays upped their price objective on shares of Xilinx from $134.00 to $165.00 and gave the stock an “equal weight” rating in a research report on Tuesday, August 3rd. Fourteen analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $140.71.

In other Xilinx news, VP Catia Hagopian sold 2,000 shares of the company’s stock in a transaction dated Tuesday, August 3rd. The shares were sold at an average price of $150.00, for a total value of $300,000.00. Following the transaction, the vice president now owns 32,516 shares of the company’s stock, valued at $4,877,400. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Mark Wadlington sold 14,789 shares of the stock in a transaction dated Monday, August 2nd. The stock was sold at an average price of $150.18, for a total transaction of $2,221,012.02. Following the sale, the senior vice president now directly owns 12,571 shares in the company, valued at approximately $1,887,912.78. The disclosure for this sale can be found here. Insiders sold 30,289 shares of company stock worth $4,546,012 in the last ninety days. 0.22% of the stock is currently owned by corporate insiders.

Shares of XLNX traded up $1.98 during mid-day trading on Thursday, reaching $155.80. The stock had a trading volume of 2,830 shares, compared to its average volume of 2,400,843. The company has a debt-to-equity ratio of 0.48, a current ratio of 5.58 and a quick ratio of 5.17. Xilinx, Inc. has a 52-week low of $96.71 and a 52-week high of $159.30. The business’s fifty day moving average is $147.42 and its 200 day moving average is $134.49. The firm has a market cap of $38.56 billion, a price-to-earnings ratio of 50.27 and a beta of 1.01.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, July 28th. The programmable devices maker reported $0.95 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.77 by $0.18. Xilinx had a net margin of 23.00% and a return on equity of 30.29%. The firm had revenue of $878.61 million during the quarter, compared to analyst estimates of $865.76 million. During the same quarter in the prior year, the firm posted $0.38 earnings per share. As a group, sell-side analysts anticipate that Xilinx, Inc. will post 3.71 EPS for the current fiscal year.

About Xilinx

Xilinx, Inc engages in the design and development of programmable logic semiconductor devices and the related software design tools. It also provides design services, customer training, field engineering, and technical support. The company was founded by Ross Freeman, Bernard Vonderschmitt, and James V.

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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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