Xilinx (XLNX) : Fridays money flow data in Xilinx (XLNX) suggests that the bulls made the most of the weakness in the stock. The inflow of money into the stock on upticks was $1.12 million, whereas, $0.11 million worth of transactions were done on downticks. The ratio between the two, uptick and downtick stood at 9.97, in favor of the bulls. The total money flow into the stock was $1.01 million clearly indicating that the smart money has been buying into the stock on weakness.
In comparison, the money flow in block deals was $1.04 million. The total value of block trades done on upticks was $1.04 million. Xilinx (XLNX) fell $0.18 and traded at $47.61, down -0.38% for the day, over previous days close. On a weekly basis, the shares are -0.61% over the previous weeks close.
Xilinx (XLNX) : Average target price received by Xilinx (XLNX) is $48.47 with an expected standard deviation of $5.5. The most aggressive target on the stock is $60, whereas the most downbeat target is $42. 15 financial analysts are currently covering the stock.
Xilinx (NASDAQ:XLNX): stock turned positive on Friday. Though the stock opened at $47.87, the bulls momentum made the stock top out at $48.36 level for the day. The stock recorded a low of $47.53 and closed the trading day at $48.35, in the green by 1.17%. The total traded volume for the day was 1,231,038. The stock had closed at $47.79 in the previous days trading.
In a related news, The Securities and Exchange Commission has divulged that Hover-Smoot Scott, (SVP General Counsel) of Xilinx Inc, had unloaded 45,000 shares at an average price of $44.08 in a transaction dated on May 18, 2016. The total value of the transaction was worth $1,983,600.
Xilinx, Inc. (Xilinx) designs and develops programmable devices and associated technologies. The Companys 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.