Xilinx, Inc. Unusual Bullish Options Activity Means Profits for Traders

 Xilinx, Inc. Unusual Bullish Options Activity Means Profits for Traders

In today’s session Xilinx, Inc. (XLNX) registered an unusually high (1,610) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious XLNX increase. With 1,610 contracts traded and 3494 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: XLNX161216C00052500 closed last at: $1.28 or 11.1% down. About 713,946 shares traded hands. Xilinx, Inc. (NASDAQ:XLNX) has risen 6.36% since March 14, 2016 and is uptrending. It has outperformed by 0.75% the S&P500.

Xilinx, Inc. (NASDAQ:XLNX) Ratings Coverage

Out of 14 analysts covering Xilinx Inc. (NASDAQ:XLNX), 2 rate it a “Buy”, 1 “Sell”, while 11 “Hold”. This means 14% are positive. Xilinx Inc. has been the topic of 28 analyst reports since July 24, 2015 according to StockzIntelligence Inc. The stock has “Neutral” rating given by Robert W. Baird on Wednesday, October 12. The firm has “Neutral” rating given on Thursday, June 2 by Goldman Sachs. The firm has “Hold” rating by Topeka Capital Markets given on Thursday, October 15. The rating was downgraded by Goldman Sachs to “Buy” on Wednesday, February 3. The stock of Xilinx, Inc. (NASDAQ:XLNX) earned “Buy” rating by Argus Research on Thursday, October 15. The stock has “Mkt Perform” rating given by FBR Capital on Thursday, October 15. As per Monday, September 14, the company rating was upgraded by Goldman Sachs.

According to Zacks Investment Research, “Xilinx, Inc. designs, develops and markets complete programmable logic solutions, including advanced integrated circuits, software design tools, predefined system functions delivered as cores of logic and field engineering support. Its programmable logic devices include field programmable gate arrays and complex programmable logic devices. These devices are standard products that its customers program to perform desired logic functions.”

Insitutional Activity: The institutional sentiment decreased to 0.95 in 2016 Q2. Its down 0.41, from 1.36 in 2016Q1. The ratio worsened, 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.
Moreover, Raymond James & Associates has 0.03% invested in Xilinx, Inc. (NASDAQ:XLNX) for 196,883 shares. Ardsley Advisory Prtnrs, a Connecticut-based fund reported 7,000 shares. Gulf Intll National Bank & Trust (Uk) Limited holds 0.06% or 76,820 shares in its portfolio. Page Arthur B owns 31,005 shares or 1.44% of their US portfolio. Commercial Bank Of Hawaii owns 12,526 shares or 0.06% of their US portfolio. Bahl Gaynor owns 114,529 shares or 0.07% of their US portfolio. Cibc Asset Management last reported 37,923 shares in the company. Cubist Systematic Strategies Lc accumulated 0.02% or 7,854 shares. Parkside Bancorp And Tru reported 55 shares or 0% of all its holdings. Umb Fincl Bank N A Mo last reported 10,359 shares in the company. Wexford Cap L P holds 9,700 shares or 0.08% of its portfolio. Millennium Limited Liability Corp accumulated 729,639 shares or 0.08% of the stock. Alexandria Ltd Liability Corp last reported 13 shares in the company. Federated Invsts Inc Pa has 0% invested in the company for 26,646 shares. Cowen Group Inc Inc accumulated 64,215 shares or 0.2% of the stock.

Insider Transactions: Since May 18, 2016, the stock had 0 buys, and 11 insider sales for $11.30 million net activity. $800,000 worth of shares were sold by TURNER MARSHALL C on Thursday, July 28. $1.98 million worth of shares were sold by Hover-Smoot Scott on Wednesday, May 18. GLASER STEVEN L had sold 4,742 shares worth $244,640 on Friday, August 5. 15,284 shares with value of $811,052 were sold by PENG VICTOR on Monday, October 10. Shares for $263,373 were sold by GAVRIELOV MOSHE on Friday, September 2. 12,000 shares were sold by VANDERSLICE ELIZABETH W, worth $535,800 on Friday, May 20. Tong Vincent also sold $4.14M worth of Xilinx, Inc. (NASDAQ:XLNX) shares.

Xilinx, Inc. is engaged in designing and developing programmable devices and associated technologies. The company has a market cap of $12.69 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 23.34 P/E ratio. The Firm provides design services, customer training, field engineering and technical support.

XLNX Company Profile

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: “Baidu Adopts Xilinx to Accelerate Machine Learning Applications in the Data Center” on October 17, 2016. Prnewswire.com‘s article titled: “Xilinx Extends its Cost-Optimized Portfolio Targeting a Wide Range of …” and published on September 27, 2016 is yet another important article.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Tags: , ,

Related posts

Leave a Comment