Xilinx, Inc. (NASDAQ:XLNX) went up to recover about 99.16% since recording its record low price of $66.35. The stock experienced 3.82% jump, arriving at $132.14 on 7/24/2019. During the day, the stock price traveled from $125.86 to $133. This company shares are -3.39% up from its target price of $127.66 and the current market capitalization stands at $33.21B. The recent change has given its price a 18% lead over SMA 50 and -6.68% deficit over its 52-week high. The stock witnessed 17.26% gains, -5.43% declines and 47.56% gains for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found XLNX’s volatility during a week at 3.07% and during a month it has been found around 2.54%.
What Does Xilinx, Inc. (XLNX) Do?
The company describes itself in regulatory filings as, “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. Barnett in February 1984 and is headquartered in San Jose, CA.” [Text can be found here: https://www.marketwatch.com/investing/stock/XLNX/profile under company description.]Xilinx, Inc. (XLNX) Top Holders
Institutional investors currently hold around $27.53 billion or 88% in XLNX stock. Look at its top three institutional owners: Vanguard Group Inc owns $3.77 billion in Xilinx, Inc., which represents roughly 11.36% of the company’s market cap and approximately 13.7% of the institutional ownership. Similar statistics are true for the second largest owner, Blackrock Inc., which owns 21,137,464 shares of the stock are valued at $2.69 billion. The third largest holder is State Street Corp, which currently holds $1.38 billion worth of this stock and that ownership represents nearly 4.14% of its market capitalization.Xilinx, Inc. 13F Filings
At the end of March reporting period, 445 institutional holders increased their position in Xilinx, Inc. (NASDAQ:XLNX) by some 26,087,482 shares, 392 decreased positions by 34,103,278 and 96 held positions by 156,069,792. That puts total institutional holdings at 216,260,552 shares, according to SEC filings. The stock grabbed 158 new institutional investments totaling 4,989,990 shares while 64 institutional investors sold out their entire positions totaling 3,858,069 shares.Xilinx, Inc. (NASDAQ:XLNX) Insider Trades
Multiple company employees have indulged in significant insider trading. Xilinx, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that EVP, FPGA & Silicon Tech Madden William Christopher has sold 3,733 shares of Xilinx, Inc. (XLNX) in the trading session dated Jul. 09, 2019. These shares are worth $428,847 and were traded at $114.88 each. The SEC filing shows that Madden William Christopher performed a sale of 3,087 shares. The EVP, FPGA & Silicon Tech disposed these shares by way of transaction on Jul. 05, 2019. The company’s shares were given away at $115.97 per share worth to an income of some $357,999 to the account of Madden William Christopher.
Director, Patterson John Michael, sold 2,000 common shares of Xilinx, Inc. (XLNX) in the open market. In a transaction dated May. 30, 2019, the shares were put up for sale at an average price of $105.14, raking in a sum of $210,280. After this sale, 21,282 common shares of XLNX are directly owned by the insider, with total stake valued at $2,812,204.
In the transaction dated May. 30, 2019, a great number of shares sold came courtesy the SVP,Product/Vertical Marketing; Onder Emre disposed a total of 344 shares at an average price of $104.92, amounting to approximately $36,092. The insider now directly owns 1,419 shares worth $187,507.Xilinx, Inc. (XLNX) Analyst Guide
Several analysts have released their opinion on Xilinx, Inc. (NASDAQ:XLNX), with 4 analysts believing it is a strong buy. Whereas 14 of them predict the stock is a hold. Also, there are 8 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.44 average brokerage recommendation [T1].