Xilinx, Inc. (NASDAQ:XLNX) registered a 1.95% increase, still its new closing price is 43.77% up from the company’s 1 year high of 62.24.It posted 0.79% gains in previous 5 sessions and is now the subject of 11 analysts who together assign a hold rating on stock. 3 of Wall Street analysts have an underperform rating; the 0 sells versus 3 buy or better ratings. The 21 stock analysts following this company have an average price target at $59.79, with individual PT in the $45.00-$70.00 range. The shares moved at $58.49, implying that brokerage firms see shares gaining about 25.19% in twelve months time.
Xilinx, Inc. (XLNX) SEC Form 4 News
The stock is getting much attention these days as insiders are offloading shares while they posted a -3.11% fall year to date. A CEO at Xilinx, Inc. (XLNX) offloaded shares in a transaction closed on Thursday December 15, 2016. GAVRIELOV MOSHE sold 50,000 shares in the company at $59.83 each and collected $2,991,001 in proceeds. GAVRIELOV MOSHE now owns 285,122 shares in the company after this transaction. A CEO in the company, GAVRIELOV MOSHE, disclosed a transaction on Thursday December 01, 2016 that ended up generating $76,001 from the sale of 1,400 shares at $54.73 per share.
Xilinx, Inc. (NASDAQ:XLNX) Upcoming Results on Tap
Xilinx, Inc. will next provide financial results for the June 2017 quarter. Stock analysts expect it to report per-share earnings of $0.58 in that period. Sales during the quarter are predicted to arrive at $613.89 million.
Earnings surprise history: Last quarter, the company posted approximately $585.69 million in revenue and EPS of $0.52. The mean forecast was for $579.58 million and $0.49 a share, respectively. One quarter earlier, revenue for the stock was at $579.21 million, with earnings at $0.61/share.
Xilinx, Inc. (XLNX) Brokerage Update
Xilinx, Inc. (XLNX) is in Barclays’s research list so their analyst rating change is noteworthy. These shares were downgraded to Underweight from Equal Weight by Barclays, according to news reported on Wednesday January 18, 2017.Another important research note was issued by Morgan Stanley on Thursday December 15, 2016.The firm upgraded XLNX to Overweight from Equal-Weight. Over the last six months and over the last three months, the shares of Xilinx, Inc. (XLNX), have changed 15.98% and 17.07%, respectively.