Xilinx, Inc. (NASDAQ:XLNX) Shares Sold by Sit Investment Associates Inc.

Sit Investment Associates Inc. lessened its position in Xilinx, Inc. (NASDAQ:XLNX) by 3.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 116,260 shares of the programmable devices maker’s stock after selling 4,510 shares during the period. Sit Investment Associates Inc.’s holdings in Xilinx were worth $7,838,000 as of its most recent filing with the SEC.

A number of other large investors have also recently modified their holdings of XLNX. Acrospire Investment Management LLC acquired a new stake in Xilinx in the second quarter valued at $103,000. Sun Life Financial INC lifted its stake in shares of Xilinx by 22,475.0% during the 2nd quarter. Sun Life Financial INC now owns 1,806 shares of the programmable devices maker’s stock worth $116,000 after buying an additional 1,798 shares during the last quarter. San Francisco Sentry Investment Group CA acquired a new stake in shares of Xilinx during the 3rd quarter worth about $117,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Xilinx by 46.2% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 2,964 shares of the programmable devices maker’s stock worth $191,000 after buying an additional 936 shares during the last quarter. Finally, Comerica Securities Inc. bought a new position in Xilinx during the second quarter worth about $202,000. 94.96% of the stock is owned by hedge funds and other institutional investors.

In other Xilinx news, insider Victor Peng sold 25,000 shares of the stock in a transaction that occurred on Thursday, November 16th. The shares were sold at an average price of $72.00, for a total transaction of $1,800,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Moshe Gavrielov sold 1,400 shares of the stock in a transaction that occurred on Monday, October 30th. The shares were sold at an average price of $73.38, for a total value of $102,732.00. Following the sale, the chief executive officer now directly owns 111,413 shares of the company’s stock, valued at approximately $8,175,485.94. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 51,728 shares of company stock worth $3,809,354. 0.40% of the stock is owned by company insiders.

Several research firms have commented on XLNX. Goldman Sachs Group raised shares of Xilinx from a “neutral” rating to a “buy” rating in a report on Friday, January 5th. Zacks Investment Research upgraded shares of Xilinx from a “hold” rating to a “buy” rating and set a $79.00 target price on the stock in a research report on Friday, October 27th. BMO Capital Markets reiterated a “buy” rating and set a $80.00 target price on shares of Xilinx in a research report on Wednesday, October 18th. KeyCorp set a $78.00 price target on shares of Xilinx and gave the stock a “buy” rating in a research report on Wednesday, October 11th. Finally, Argus boosted their price target on shares of Xilinx to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, January 9th. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and a consensus price target of $71.70.

Shares of Xilinx, Inc. (NASDAQ:XLNX) opened at $76.30 on Friday. Xilinx, Inc. has a fifty-two week low of $54.99 and a fifty-two week high of $76.58. The company has a market cap of $19,037.29, a PE ratio of 32.19, a price-to-earnings-growth ratio of 3.13 and a beta of 1.08. The company has a current ratio of 9.86, a quick ratio of 9.35 and a debt-to-equity ratio of 0.70.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings results on Wednesday, October 25th. The programmable devices maker reported $0.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.63 by $0.02. The firm had revenue of $620.00 million for the quarter, compared to the consensus estimate of $620.99 million. Xilinx had a net margin of 25.93% and a return on equity of 25.17%. The company’s revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.61 earnings per share. equities research analysts anticipate that Xilinx, Inc. will post 2.59 EPS for the current year.

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Xilinx 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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