In a report released today, Quinn Bolton from Needham maintained a Hold rating on Xilinx Inc (XLNX). The company’s shares closed last Monday at $93.83.
According to TipRanks.com, Bolton is a top 25 analyst with an average return of 18.0% and a 70.1% success rate. Bolton covers the Consumer Goods sector, focusing on stocks such as MACOM Technology Solutions Holdings Inc, Applied Materials Inc, and Ultra Clean Holdings.
Xilinx Inc has an analyst consensus of Moderate Buy, with a price target consensus of $116.15, representing a 22.6% upside. In a report released yesterday, BMO Capital also maintained a Hold rating on the stock with a $100.00 price target.
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Based on Xilinx Inc’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of $241 million. In comparison, last year the company had a net profit of $216 million.
Based on the recent corporate insider activity of 55 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of XLNX in relation to earlier this year.
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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.
