Insider at Xilinx (XLNX) Makes Significant Sale of Stock

Friday, February 02, 2018 10:15 PM ET

Insider at Xilinx (XLNX) Makes Significant Sale of Stock

An insider — Vincent Tong, Officer — disposed of 19,687 shares of Xilinx having a market value of approximately $1,447,469 today, as indicated in a form 4 document filed with the SEC. There have been 5 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the disposition of 54,628 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 74,315 shares and have averaged 12,386 shares per transaction over this time period.

The level of buy/sell trading at Xilinx is is greater than the 77 peer company average over the last 90-day period. However, the number of shares per average transaction for Xilinx insider buy-sell trading is very close to the average of the Semiconductors peer group of companies. This peer group saw 18,465 shares purchased and 2,102,020 shares sold resulting in an average of 11,715 shares traded and netting out with company insiders selling 11,511 shares on average.

To bring into focus significant insider buying and selling activity, 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 has been eliminated in data used to compose and write 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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