Moshe Gavrielov Sells 1,400 Shares of Xilinx, Inc. (XLNX) Stock

Xilinx, Inc. (NASDAQ:XLNX) CEO Moshe Gavrielov sold 1,400 shares of Xilinx stock in a transaction dated Monday, October 30th. The shares were sold at an average price of $73.38, for a total value of $102,732.00. Following the transaction, the chief executive officer now directly owns 111,413 shares in the company, valued at $8,175,485.94. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link.

Moshe Gavrielov also recently made the following trade(s):

  • On Thursday, October 5th, Moshe Gavrielov sold 6,399 shares of Xilinx stock. The shares were sold at an average price of $71.73, for a total value of $459,000.27.
  • On Friday, October 6th, Moshe Gavrielov sold 28,600 shares of Xilinx stock. The shares were sold at an average price of $71.78, for a total value of $2,052,908.00.
  • On Monday, October 2nd, Moshe Gavrielov sold 121,400 shares of Xilinx stock. The shares were sold at an average price of $70.73, for a total value of $8,586,622.00.
  • On Tuesday, September 19th, Moshe Gavrielov sold 25,000 shares of Xilinx stock. The shares were sold at an average price of $69.76, for a total value of $1,744,000.00.

Xilinx (NASDAQ:XLNX) last released its earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share for the quarter, beating the consensus estimate of $0.63 by $0.02. The business had revenue of $620.00 million for the quarter, compared to the consensus estimate of $620.99 million. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The business’s quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.61 earnings per share.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be issued a $0.35 dividend. The ex-dividend date is Tuesday, November 14th. This represents a $1.40 annualized dividend and a dividend yield of 1.90%. Xilinx’s dividend payout ratio is presently 59.07%.

TRADEMARK VIOLATION WARNING: “Moshe Gavrielov Sells 1,400 Shares of Xilinx, Inc. (XLNX) Stock” was first published by Sports Perspectives and is the property of of Sports Perspectives. If you are accessing this article on another site, it was copied illegally and republished in violation of U.S. and international trademark and copyright law. The correct version of this article can be viewed at https://sportsperspectives.com/2017/11/02/moshe-gavrielov-sells-1400-shares-of-xilinx-inc-xlnx-stock-2.html.

Several large investors have recently bought and sold shares of the stock. HighTower Advisors LLC increased its holdings in shares of Xilinx by 0.9% in the first quarter. HighTower Advisors LLC now owns 7,106 shares of the programmable devices maker’s stock valued at $409,000 after purchasing an additional 60 shares during the last quarter. Notis McConarty Edward increased its holdings in shares of Xilinx by 0.3% in the second quarter. Notis McConarty Edward now owns 20,655 shares of the programmable devices maker’s stock valued at $1,328,000 after purchasing an additional 60 shares during the last quarter. Seaward Management Limited Partnership increased its holdings in shares of Xilinx by 2.1% in the second quarter. Seaward Management Limited Partnership now owns 4,053 shares of the programmable devices maker’s stock valued at $260,000 after purchasing an additional 83 shares during the last quarter. Bronfman E.L. Rothschild L.P. increased its holdings in shares of Xilinx by 2.1% in the second quarter. Bronfman E.L. Rothschild L.P. now owns 4,154 shares of the programmable devices maker’s stock valued at $267,000 after purchasing an additional 87 shares during the last quarter. Finally, ING Groep NV increased its holdings in shares of Xilinx by 0.3% in the second quarter. ING Groep NV now owns 30,682 shares of the programmable devices maker’s stock valued at $1,973,000 after purchasing an additional 93 shares during the last quarter. 97.28% of the stock is owned by hedge funds and other institutional investors.

Several analysts recently issued reports on XLNX shares. Zacks Investment Research raised Xilinx from a “hold” rating to a “buy” rating and set a $71.00 target price on the stock in a research note on Tuesday, August 1st. Credit Suisse Group reissued an “outperform” rating on shares of Xilinx in a research note on Thursday, August 31st. MKM Partners lifted their target price on Xilinx from $63.00 to $78.00 and gave the company a “neutral” rating in a research note on Sunday, October 8th. Deutsche Bank AG lifted their target price on Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Finally, Barclays PLC raised Xilinx from an “underweight” rating to an “equal weight” rating and lifted their target price for the company from $53.00 to $60.00 in a research note on Tuesday, July 18th. Three equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and nine have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and a consensus price target of $69.73.

About Xilinx

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.

Insider Buying and Selling by Quarter for Xilinx (NASDAQ:XLNX)

Receive News & Ratings for Xilinx Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Xilinx Inc. and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply