What’s in Xilinx, Inc. After Today’s Bullish Options Activity?

 What's in Xilinx, Inc. After Today's Bullish Options Activity?

In today’s session Xilinx, Inc. (XLNX) registered an unusually high (17,416) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious XLNX increase. With 17,416 contracts traded and 61044 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: XLNX170120C00057500 closed last at: $0.75 or 8.7% up. About 137,530 shares traded hands. Xilinx, Inc. (NASDAQ:XLNX) has risen 14.07% since April 27, 2016 and is uptrending. It has outperformed by 8.84% the S&P500.

Analysts await Xilinx, Inc. (NASDAQ:XLNX) to report earnings on January, 18. They expect $0.50 earnings per share, up 2.04% or $0.01 from last year’s $0.49 per share. XLNX’s profit will be $127.95 million for 27.08 P/E if the $0.50 EPS becomes a reality. After $0.61 actual earnings per share reported by Xilinx, Inc. for the previous quarter, Wall Street now forecasts -18.03% negative EPS growth.

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. $60 is the highest target while $41 is the lowest. The $49.44 average target is -8.71% below today’s ($54.16) 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) has “Buy” rating given on Wednesday, February 3 by Goldman Sachs. The company was maintained on Thursday, October 15 by Argus Research. The rating was downgraded by Robert W. Baird to “Neutral” on Wednesday, October 12. Goldman Sachs downgraded Xilinx, Inc. (NASDAQ:XLNX) on Thursday, June 2 to “Neutral” rating. The firm has “Hold” rating by Topeka Capital Markets given on Thursday, October 15. FBR Capital maintained the shares of XLNX in a report on Thursday, October 15 with “Mkt Perform” rating. Goldman Sachs upgraded the shares of XLNX in a report on Monday, September 14 to “Buy” rating. The firm has “Equal Weight” rating by Barclays Capital given on Thursday, October 20.

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 increased to 1.12 in Q2 2016. Its up 0.17, from 0.95 in 2016Q1. The ratio is positive, 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.
Teachers Retirement Sys Of The State Of Kentucky last reported 0.02% of its portfolio in the stock. Capital Counsel Limited Liability Company Ny last reported 48,000 shares in the company. Next Grp Inc last reported 0% of its portfolio in the stock. Palo Cap last reported 53,552 shares in the company. Citadel Advsrs Limited Liability Co accumulated 2.36 million shares or 0.12% of the stock. Clearbridge Invs Ltd Liability Corp accumulated 3.37 million shares or 0.18% of the stock. Thomas White Interest last reported 0.07% of its portfolio in the stock. Wealth Enhancement Advisory Serv has invested 0.21% of its portfolio in Xilinx, Inc. (NASDAQ:XLNX). Brandes Investment Prns L P owns 1.97 million shares or 1.39% of their US portfolio. Moreover, Stifel Fincl Corp has 0.02% invested in Xilinx, Inc. (NASDAQ:XLNX) for 94,102 shares. Caisse De Depot Et Placement Du Quebec, a Quebec – Canada-based fund reported 95,489 shares. Retirement Of Alabama has invested 0.23% of its portfolio in Xilinx, Inc. (NASDAQ:XLNX). Trillium Asset Mngmt Ltd Liability Co last reported 255,547 shares in the company. Coldstream holds 0.12% or 14,796 shares in its portfolio. The Nebraska-based Cwm Lc has invested 0% in Xilinx, Inc. (NASDAQ:XLNX).

Insider Transactions: Since July 28, 2016, the stock had 0 insider purchases, and 11 selling transactions for $10.75 million net activity. The insider PENG VICTOR sold $811,052. Shares for $1.31M were sold by Flores Lorenzo on Monday, October 31. 80,000 shares with value of $4.14 million were sold by Tong Vincent on Monday, August 8. $629,579 worth of Xilinx, Inc. (NASDAQ:XLNX) was sold by GAVRIELOV MOSHE. 16,000 shares were sold by TURNER MARSHALL C, worth $800,000. HOWARD WILLIAM G JR also sold $613,764 worth of Xilinx, Inc. (NASDAQ:XLNX) shares. 9,922 Xilinx, Inc. (NASDAQ:XLNX) shares with value of $508,134 were sold by GLASER STEVEN L.

Xilinx, Inc. is engaged in designing and developing programmable devices and associated technologies. The company has a market cap of $13.86 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 23.86 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.

Another recent and important Xilinx, Inc. (NASDAQ:XLNX) news was published by Prnewswire.com which published an article titled: “Xilinx Reconfigurable Acceleration Stack Delivers Fastest Path to 2-6x Compute …” on November 14, 2016.

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