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

Sit Investment Associates Inc. lessened its holdings in shares of Xilinx, Inc. (NASDAQ:XLNX) by 3.7% during the 4th quarter, according to its most recent 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 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of XLNX. Janus Henderson Group PLC raised its position in shares of Xilinx by 743.4% during the 2nd quarter. Janus Henderson Group PLC now owns 7,287,938 shares of the programmable devices maker’s stock worth $468,770,000 after acquiring an additional 6,423,813 shares in the last quarter. Renaissance Technologies LLC raised its position in shares of Xilinx by 427.3% during the 2nd quarter. Renaissance Technologies LLC now owns 1,520,605 shares of the programmable devices maker’s stock worth $97,805,000 after acquiring an additional 1,232,206 shares in the last quarter. Pictet Asset Management Ltd. raised its position in shares of Xilinx by 67.6% during the 3rd quarter. Pictet Asset Management Ltd. now owns 2,301,908 shares of the programmable devices maker’s stock worth $163,044,000 after acquiring an additional 928,405 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Xilinx by 2.4% during the 2nd quarter. Vanguard Group Inc. now owns 27,668,265 shares of the programmable devices maker’s stock worth $1,779,622,000 after acquiring an additional 638,165 shares in the last quarter. Finally, Balyasny Asset Management LLC raised its position in shares of Xilinx by 248.2% during the 2nd quarter. Balyasny Asset Management LLC now owns 461,644 shares of the programmable devices maker’s stock worth $29,693,000 after acquiring an additional 329,056 shares in the last quarter. 94.98% of the stock is currently owned by institutional investors and hedge funds.

In other Xilinx news, 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 filing with the SEC, which can be accessed through the SEC website. Also, CEO Moshe Gavrielov sold 1,400 shares of Xilinx 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 completion of the transaction, the chief executive officer now owns 111,413 shares in the company, valued at $8,175,485.94. The disclosure for this sale can be found here. Insiders sold a total of 31,728 shares of company stock worth $2,293,154 over the last quarter. Company insiders own 0.40% of the company’s stock.

Several research firms have commented on XLNX. Argus lifted their price target on Xilinx to $85.00 and gave the stock a “buy” rating in a research report on Tuesday. BidaskClub raised Xilinx from a “sell” rating to a “hold” rating in a research report on Saturday, January 6th. Goldman Sachs Group raised Xilinx from a “neutral” rating to a “buy” rating in a research report on Friday, January 5th. Morgan Stanley lifted their price target on Xilinx from $72.00 to $78.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 13th. Finally, Zacks Investment Research lowered Xilinx from a “buy” rating to a “hold” rating in a research report on Monday, October 30th. 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. The company currently has an average rating of “Hold” and an average target price of $71.53.

Xilinx, Inc. (NASDAQ XLNX) opened at $74.34 on Friday. Xilinx, Inc. has a 12 month low of $54.99 and a 12 month high of $75.29. The firm has a market capitalization of $18,660.00, a P/E ratio of 31.37, a price-to-earnings-growth ratio of 3.06 and a beta of 1.08. The company has a quick ratio of 9.35, a current ratio of 9.86 and a debt-to-equity ratio of 0.70.

Xilinx (NASDAQ:XLNX) last announced 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. Xilinx had a return on equity of 25.17% and a net margin of 25.93%. The company had revenue of $620.00 million for the quarter, compared to the consensus estimate of $620.99 million. During the same period last year, the business posted $0.61 EPS. The company’s revenue was up 7.1% on a year-over-year basis. equities research analysts predict that Xilinx, Inc. will post 2.59 earnings per share for the current fiscal year.

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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.

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Institutional Ownership by Quarter for Xilinx (NASDAQ:XLNX)

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