Jay D. Rosenbaum increased its stake in Xilinx, Inc. (NASDAQ:XLNX) by 1.2% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 21,275 shares of the programmable devices maker’s stock after buying an additional 250 shares during the period. Xilinx accounts for about 0.3% of Jay D. Rosenbaum’s holdings, making the stock its 16th largest position. Jay D. Rosenbaum’s holdings in Xilinx were worth $999,000 at the end of the most recent reporting period.

Xilinx, Inc. (NASDAQ:XLNX) traded down 2.05% during mid-day trading on Friday, hitting $42.93. The company’s stock had a trading volume of 4,067,028 shares. The firm’s 50-day moving average is $47.70 and its 200-day moving average is $44.69. Xilinx, Inc. has a 12-month low of $37.20 and a 12-month high of $50.72. The company has a market cap of $11.03 billion and a P/E ratio of 20.06.

Xilinx (NASDAQ:XLNX) last announced its quarterly earnings data on Wednesday, October 14th. The programmable devices maker reported $0.48 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.01. The firm earned $528 million during the quarter, compared to the consensus estimate of $529.58 million. During the same period last year, the company earned $0.62 EPS. The firm’s revenue for the quarter was down 12.7% compared to the same quarter last year. Analysts predict that Xilinx, Inc. will post $2.03 EPS for the current fiscal year.

A number of equities research analysts have recently weighed in on XLNX shares. Goldman Sachs upgraded Xilinx from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $41.00 to $50.00 in a research report on Monday, September 14th. Zacks Investment Researchupgraded Xilinx from a “sell” rating to a “hold” rating in a research report on Thursday, September 24th. Pacific Crest reiterated an “overweight” rating and issued a $55.00 price objective on shares of Xilinx in a research report on Monday, September 28th. FBR & Co. lifted their price objective on Xilinx from $47.00 to $50.00 and gave the stock a “market perform” rating in a research report on Thursday, October 15th. Finally, Topeka Capital Markets raised their target price on Xilinx from $37.00 to $50.00 and gave the company a “hold” rating in a research note on Thursday, October 15th. Two equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, seven have given a buy rating and two have given a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $47.82.

In other Xilinx news, Director Marshall C. Turner sold 10,000 shares of the stock in a transaction dated Tuesday, December 1st. The stock was sold at an average price of $50.00, for a total transaction of $500,000.00. Following the sale, the director now directly owns 33,384 shares of the company’s stock, valued at approximately $1,669,200. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, SVP Vincent Tong sold 50,000 shares of the stock in a transaction dated Thursday, October 22nd. The stock was sold at an average price of $47.83, for a total value of $2,391,500.00. Following the sale, the senior vice president now directly owns 57,051 shares in the company, valued at $2,728,749.33. The disclosure for this sale can be found here.

Xilinx, Inc. (NASDAQ:XLNX) designs and develops programmable devices and associated technologies. The Company’s programmable devices and associated technologies include integrated circuits (IC) in the form of programmable logic devices (PLD); software design tools to program the PLDs; targeted reference designs; printed circuit boards, and intellectual property (IP), which consists of Xilinx, and third-party verification and IP cores. The Company provides design services, customer training, field engineering and technical support. Its PLDs include field programmable gate arrays (FPGAs), complex programmable logic devices (CPLDs), programmable System on Chips (SoCs) and three-dimensional ICs (3D ICs). Its product portfolio is designed to provide integration for electronic equipment manufacturers in end markets, such as wired and wireless communications, industrial, scientific and medical, aerospace and defense, audio, video and broadcast, consumer, automotive, and test and measurement.

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