Shares of Xilinx (XLNX) Sees Large Outflow of Money

Xilinx (XLNX) : Money flow in the Xilinx (XLNX) stock was negative (10.46 million) on Monday, which shows that the investors used the strength in the stock price to reduce their holdings. The total traded value on upticks was $10.32 million, compared to $20.78 million on downticks. The total uptick to downtick ratio was 0.5, indicating the underlying weakness in the stock. Even in block trades, money flow was negative ($9.84 million), indicating selling on the strength. The transaction value during uptick in block trades was $0.65 million. Downtick transaction value in block trades amounted to $10.49 million, indicating persistent selling. The uptick to downtick ratio was 0.06. Xilinx (XLNX) traded $0.2 higher at $52.04 gaining 0.39% over the previous days close.


Shares of Xilinx Inc. rose by 1.56% in the last five trading days and 9.34% for the last 4 weeks. Xilinx Inc. is up 20.37% in the last 3-month period. Year-to-Date the stock performance stands at 13.09%.

Xilinx (NASDAQ:XLNX): During Mondays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $52.02 and $52.00 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $52.43. The buying momentum continued till the end and the stock did not give up its gains. It closed at $52.04, notching a gain of 0.39% for the day. The total traded volume was 1,702,605 . The stock had closed at $51.84 on the previous day.

In a related news, The Securities and Exchange Commission has divulged that Rangasayee Krishna, (Sr. Vice President) of Xilinx Inc, had unloaded 14,821 shares at an average price of $51.75 in a transaction dated on August 11, 2016. The total value of the transaction was worth $766,987.

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.

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