Shares of Xilinx, Inc. (XLNX) Sees Large Inflow of Net Money Flow

Xilinx, Inc. (XLNX) had a weak trading session and its shares were last down at $57.54, down -0.66% or -1.13 points. The trading data also revealed that the total net flow stood at $6.82 million as the shares had $28.05 million in upticks but lost $21.23 million in downticks. The up/down ratio was 1.32. This data is particularly important for the traders and speculators alike as it could also be used to gauge the strength of the momentum in the shares. During the past week, the shares have seen a change of -1.62% in the shares.The block trade data suggests an inflow of $10.86 million in upticks and an outflow of $4.68 million in downticks. The up/down ratio for the block stood at 2.32. The net money flow for this transaction was recorded at $6.18.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Xilinx, Inc. has lost 3.64% in the last five trading days and dropped 4.94% in the last 4 weeks. Xilinx, Inc. is up 13.56% in the last 3-month period. Year-to-Date the stock performance stands at -4.94%. Xilinx, Inc. (NASDAQ:XLNX) witnessed a decline in the market cap on Wednesday as its shares dropped 1.39% or 0.81 points. After the session commenced at $58.19, the stock reached the higher end at $58.55 while it hit a low of $57.28. With the volume soaring to 3,148,354 shares, the last trade was called at $57.39. The company has a 52-week high of $62.2399. The company has a market cap of $14,286 million and there are 248,934,800 shares in outstanding. The 52-week low of the share price is $41.53.

Company has reported several Insider transactions to the SEC, on Dec 16, 2016, Moshe Gavrielov (CEO) sold 50,000 shares at 59.73 per share price.On Nov 16, 2016, Victor Peng (Sr. Vice President) sold 12,235 shares at 54.00 per share price.On Nov 1, 2016, Lorenzo Flores (Chief Financial Officer) sold 25,750 shares at 50.90 per share price.

Xilinx Last issued its quarterly earnings results on Jan 25, 2017. The company reported $0.52 EPS for the quarter, beating the analyst consensus estimate by $ 0.03. Analyst had a consensus of $0.49. The company had revenue of $586.00 million for the quarter, compared to analysts expectations of $579.63 million. The companys revenue was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.49 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Company shares were Downgraded by Barclays on Jan 18, 2017 to Underweight, Raises Price Target to $ 53 from a previous price target of $48 .Xilinx was Upgraded by Morgan Stanley to Overweight on Dec 15, 2016.

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.


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