Today, a Director at Xilinx (NASDAQ: XLNX), John Michael Patterson, sold shares of XLNX for $220.5K.
Following John Michael Patterson’s last XLNX Sell transaction on February 16, 2017, the stock climbed by 15.6%.
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Based on Xilinx’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $684 million and quarterly net profit of $190 million. In comparison, last year the company earned revenue of $615 million and had a net profit of $167 million. XLNX’s market cap is $18.57B and the company has a P/E ratio of 35.30. Currently, Xilinx has an average volume of 1.73M.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $80.00, reflecting a -8.2% downside. Six different firms, including Barclays and Merrill Lynch, currently also have a Sell rating on the stock.
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Xilinx, Inc. engages in designing and developing programmable devices and associated technologies. 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 II in February 1984 and is headquartered in San Jose, CA.
