November 22, 2016 - By Ellis Scott · 0 Comments
The stock of Xilinx Incorporated (NASDAQ:XLNX) registered an increase of 11.02% in short interest. XLNX’s total short interest was 12.61 million shares in November as published by FINRA. Its up 11.02% from 11.36M shares, reported previously. With 2.36 million shares average volume, it will take short sellers 5 days to cover their XLNX’s short positions. The short interest to Xilinx Incorporated’s float is 4.99%. The stock increased 0.28% or $0.15 during the last trading session, hitting $53.13. Xilinx, Inc. (NASDAQ:XLNX) has risen 14.36% since April 20, 2016 and is uptrending. It has outperformed by 9.80% the S&P500.
Xilinx, Inc. is engaged in designing and developing programmable devices and associated technologies. The company has a market cap of $13.35 billion. 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. It has a 23.41 P/E ratio. The Firm provides design services, customer training, field engineering and technical support.
Insitutional Activity: The institutional sentiment increased to 1.12 in 2016 Q2. Its up 0.17, from 0.95 in 2016Q1. The ratio improved, as 62 funds sold all Xilinx, Inc. shares owned while 182 reduced positions. 46 funds bought stakes while 185 increased positions. They now own 229.43 million shares or 0.05% more from 229.32 million shares in 2016Q1.
Pioneer Management Incorporated accumulated 0.01% or 73,246 shares. Teachers Retirement Sys Of The State Of Kentucky has invested 0.02% of its portfolio in Xilinx, Inc. (NASDAQ:XLNX). Robecosam Usa has 17,000 shares for 0.98% of their US portfolio. First Quadrant Limited Partnership Ca holds 5,000 shares or 0.01% of its portfolio. Lpl Fincl reported 7,680 shares or 0% of all its holdings. The Massachusetts-based Liberty Mutual Gru Asset Management has invested 0.03% in Xilinx, Inc. (NASDAQ:XLNX). Zurcher Kantonalbank (Zurich Cantonalbank) has 0.02% invested in the company for 36,392 shares. North Star Invest Mngmt has 0% invested in the company for 206 shares. Cibc Asset has 37,923 shares for 0.01% of their US portfolio. Ghp Investment Advsrs owns 6,032 shares or 0.06% of their US portfolio. State Street Corp owns 10.59 million shares or 0.05% of their US portfolio. Cornerstone Capital Mgmt Ltd Com, a New York-based fund reported 55,069 shares. Deere & Co accumulated 0.08% or 30,265 shares. Maverick Cap last reported 0.04% of its portfolio in the stock. Blackrock Institutional Trust Company Na last reported 8.21M shares in the company.
Insider Transactions: Since July 28, 2016, the stock had 0 insider purchases, and 11 sales for $10.75 million net activity. HOWARD WILLIAM G JR sold $613,764 worth of stock. On Monday, August 8 Tong Vincent sold $4.14 million worth of the stock or 80,000 shares. PENG VICTOR sold 15,284 shares worth $811,052. 11,500 shares were sold by GAVRIELOV MOSHE, worth $629,579 on Friday, September 30. 16,000 shares were sold by TURNER MARSHALL C, worth $800,000. GLASER STEVEN L also sold $508,134 worth of Xilinx, Inc. (NASDAQ:XLNX) on Monday, August 1. Rangasayee Krishna also sold $767,013 worth of Xilinx, Inc. (NASDAQ:XLNX) shares.
Out of 14 analysts covering Xilinx Inc. (NASDAQ:XLNX), 2 rate it a “Buy”, 1 “Sell”, while 11 “Hold”. This means 14% are positive. $60 is the highest target while $41 is the lowest. The $49.44 average target is -6.95% below today’s ($53.13) stock price. Xilinx Inc. has been the topic of 29 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock of Xilinx, Inc. (NASDAQ:XLNX) earned “Hold” rating by Topeka Capital Markets on Thursday, October 15. The company was maintained on Thursday, October 15 by FBR Capital. As per Thursday, June 2, the company rating was downgraded by Goldman Sachs. The firm has “Buy” rating by Goldman Sachs given on Monday, September 14. Argus Research maintained the stock with “Buy” rating in Thursday, October 15 report. The company was downgraded on Wednesday, February 3 by Goldman Sachs. On Thursday, October 20 the stock rating was maintained by Barclays Capital with “Equal Weight”. On Wednesday, October 12 the stock rating was downgraded by Robert W. Baird to “Neutral”.
Xilinx, Inc. (Xilinx), incorporated on February 5, 1990, 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. In addition to its programmable platforms, Xilinx provides design services, customer training, field engineering and technical support.
More news for Xilinx, Inc. (NASDAQ:XLNX) were recently published by: Prnewswire.com, which released: “Xilinx Showcases Solutions for Machine Vision Applications at Vision Stuttgart …” on November 01, 2016. Prnewswire.com‘s article titled: “Xilinx Unveils Details for New 16nm Virtex UltraScale+ FPGAs with High …” and published on November 09, 2016 is yet another important article.
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By Ellis Scott