Continued Level of Significant Insider Selling at Xilinx (XLNX)

Friday, October 06, 2017 10:15 PM ET

Continued Level of Significant Insider Selling at Xilinx (XLNX)

One insider — Moshe Gavrielov, Director and Officer — today, sold 28,600 shares of Xilinx having a market value of approximately $2,052,961, as revealed in a form 4 document filed with the SEC. There have been 3 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 174,331 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 202,931 shares and have averaged 50,733 shares per transaction over this time period.

The number of insider buy/sell trades at Xilinx is higher than that of the 77 peer company average over the last 90-day period. 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 190,430 shares purchased and 52,234,871 shares sold with company insiders disposing of 321,262 shares on average over this time period.

Significant insider buying and selling activity has been determined by eliminating 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 in data sourced in evaluating and writing this story.

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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