A Director at Xilinx Inc (NASDAQ: XLNX) is Selling Shares

By Carrie Williams

Today, a Director at Xilinx Inc (XLNXResearch Report), Marshall C. Turner, sold shares of XLNX for $323.5K.

Following Marshall C. Turner’s last XLNX Sell transaction on August 14, 2013, the stock climbed by 64.5%. In addition to Marshall C. Turner, 2 other XLNX executives reported Sell trades in the last month.

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Based on Xilinx Inc’s latest earnings report for the quarter ending June 30, the company posted quarterly revenue of $850 million and quarterly net profit of $241 million. In comparison, last year the company earned revenue of $684 million and had a net profit of $190 million. The company has a one-year high of $141.60 and a one-year low of $68.76. XLNX’s market cap is $27.01B and the company has a P/E ratio of 28.77.

The insider sentiment on Xilinx Inc has been negative according to 54 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.

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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.