Xilinx, Inc. (NASDAQ:XLNX) insider Victor Peng sold 25,000 shares of Xilinx stock in a transaction that occurred on Thursday, November 16th. The stock was sold at an average price of $72.00, for a total value of $1,800,000.00. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.
Shares of Xilinx, Inc. (NASDAQ XLNX) opened at $71.81 on Monday. The company has a debt-to-equity ratio of 0.70, a quick ratio of 9.35 and a current ratio of 9.86. Xilinx, Inc. has a 52 week low of $52.54 and a 52 week high of $75.14. The company has a market capitalization of $18,020.00, a price-to-earnings ratio of 30.30, a P/E/G ratio of 2.97 and a beta of 1.10.
Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, October 25th. The programmable devices maker reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The business had revenue of $620.00 million during the quarter, compared to analysts’ expectations of $620.99 million. During the same period in the previous year, the firm earned $0.61 earnings per share. The firm’s quarterly revenue was up 7.1% compared to the same quarter last year. analysts anticipate that Xilinx, Inc. will post 2.59 EPS for the current year.
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 6th. Investors of record on Wednesday, November 15th will be paid a dividend of $0.35 per share. The ex-dividend date is Tuesday, November 14th. This represents a $1.40 dividend on an annualized basis and a dividend yield of 1.95%. Xilinx’s dividend payout ratio (DPR) is presently 58.82%.
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Several institutional investors have recently made changes to their positions in XLNX. Notis McConarty Edward grew its stake in 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 acquiring an additional 60 shares during the period. Seaward Management Limited Partnership grew its stake in 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 acquiring an additional 83 shares during the period. Bronfman E.L. Rothschild L.P. grew its stake in 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 acquiring an additional 87 shares during the period. ING Groep NV grew its stake in 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 acquiring an additional 93 shares during the period. Finally, Louisiana State Employees Retirement System grew its stake in Xilinx by 0.7% in the second quarter. Louisiana State Employees Retirement System now owns 15,400 shares of the programmable devices maker’s stock valued at $991,000 after acquiring an additional 100 shares during the period. 96.51% of the stock is owned by institutional investors and hedge funds.
Several analysts have recently weighed in on XLNX shares. Credit Suisse Group reissued an “outperform” rating on shares of Xilinx in a report on Thursday, August 31st. Deutsche Bank AG boosted their price target on Xilinx from $63.00 to $65.00 and gave the company a “hold” rating in a research note on Thursday, October 26th. Barclays PLC boosted their price target on Xilinx from $65.00 to $67.00 and gave the company an “equal weight” rating in a research note on Thursday, October 26th. KeyCorp set a $78.00 price target on Xilinx and gave the company a “buy” rating in a research note on Wednesday, October 11th. Finally, BidaskClub lowered Xilinx from a “buy” rating to a “hold” rating in a research note on Thursday, July 27th. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and nine have assigned a buy rating to the stock. Xilinx has an average rating of “Hold” and a consensus target price of $69.73.
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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