Xilinx, Inc. (XLNX) Shares Bought by Creative Planning

Creative Planning increased its position in Xilinx, Inc. (NASDAQ:XLNX) by 52.9% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,083 shares of the programmable devices maker’s stock after buying an additional 4,182 shares during the period. Creative Planning’s holdings in Xilinx were worth $777,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. Rosenbaum Jay D. raised its stake in shares of Xilinx by 0.6% in the first quarter. Rosenbaum Jay D. now owns 23,270 shares of the programmable devices maker’s stock worth $1,348,000 after buying an additional 150 shares during the last quarter. Nationwide Fund Advisors increased its position in Xilinx by 86.1% in the first quarter. Nationwide Fund Advisors now owns 222,164 shares of the programmable devices maker’s stock worth $12,861,000 after buying an additional 102,779 shares during the period. Vanguard Group Inc. increased its position in Xilinx by 3.1% in the first quarter. Vanguard Group Inc. now owns 27,030,100 shares of the programmable devices maker’s stock worth $1,564,772,000 after buying an additional 812,627 shares during the period. Perigon Wealth Management LLC increased its position in Xilinx by 1.1% in the fourth quarter. Perigon Wealth Management LLC now owns 101,132 shares of the programmable devices maker’s stock worth $5,940,000 after buying an additional 1,132 shares during the period. Finally, Searle & CO. acquired a new position in Xilinx during the fourth quarter worth $543,000. Institutional investors and hedge funds own 94.20% of the company’s stock.

Shares of Xilinx, Inc. (XLNX) opened at 64.88 on Monday. The stock’s 50 day moving average is $65.98 and its 200-day moving average is $61.44. Xilinx, Inc. has a 1-year low of $47.53 and a 1-year high of $68.68. The firm has a market cap of $16.09 billion, a PE ratio of 27.97 and a beta of 1.10.

Xilinx (NASDAQ:XLNX) last posted its quarterly earnings results on Wednesday, April 26th. The programmable devices maker reported $0.57 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.54 by $0.03. The company had revenue of $609.50 million during the quarter, compared to analyst estimates of $605.25 million. Xilinx had a net margin of 26.50% and a return on equity of 24.41%. The firm’s revenue for the quarter was up 6.7% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.54 earnings per share. Analysts expect that Xilinx, Inc. will post $2.49 earnings per share for the current year.

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A number of research analysts recently weighed in on XLNX shares. Zacks Investment Research raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $65.00 target price for the company in a research report on Tuesday, March 28th. Vetr raised shares of Xilinx from a “hold” rating to a “buy” rating and set a $65.52 target price for the company in a research report on Tuesday, May 2nd. Credit Suisse Group reaffirmed a “buy” rating on shares of Xilinx in a research report on Wednesday, May 24th. Jefferies Group LLC raised shares of Xilinx from a “hold” rating to a “buy” rating and raised their target price for the company from $68.00 to $77.00 in a research report on Monday, July 10th. Finally, BidaskClub downgraded shares of Xilinx from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 19th. Two analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and eight have assigned a buy rating to the company’s stock. Xilinx has an average rating of “Hold” and a consensus price target of $63.27.

In related news, CFO Lorenzo Flores sold 9,600 shares of the stock in a transaction dated Friday, June 2nd. The shares were sold at an average price of $66.69, for a total transaction of $640,224.00. Following the completion of the transaction, the chief financial officer now owns 19,058 shares in the company, valued at $1,270,978.02. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Moshe Gavrielov sold 15,300 shares of the stock in a transaction dated Monday, May 8th. The shares were sold at an average price of $64.78, for a total transaction of $991,134.00. Following the transaction, the chief executive officer now owns 245,066 shares of the company’s stock, valued at approximately $15,875,375.48. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 75,000 shares of company stock valued at $4,862,471. 0.40% of the stock is owned by company insiders.

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.

Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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