Insider Selling at Xilinx (XLNX) Continues with Significant Sale

Tuesday, September 19, 2017 10:15 PM ET

Insider Selling at Xilinx (XLNX) Continues with Significant Sale

A significant insider sale of the shares of Xilinx was disclosed in a form 4 document filed with the SEC today, showing — Moshe Gavrielov, Director and Officer — sold 25,000 shares in the company having a market value of approximately $1,744,000. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 27,931 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 52,931 shares and have averaged 17,644 shares per transaction over this time period.

Over the last 90 days, the number of insider buy/sell trades at Xilinx is higher than its 78-company peer group average. The Semiconductors peer group saw 162 buy/sell trades during this period for an average of 2.1 transactions per company. However, the number of shares traded per transaction by Xilinx insiders is lower than its peers. Within the peer group there were 277,089 shares purchased and 50,390,899 shares sold with company insiders selling 309,345 shares on average over this time period.

The data sourced in composing and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.

Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.

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