5 Stocks to Buy Now According to Wayne Yu’s BCK Capital

3. Xilinx, Inc. (NASDAQ:XLNX)

BCK Capital Stake Value: $9,977,000
Percentage of BCK Capital’s 13F Portfolio: 6.71%
Number of Hedge Fund Holders: 62

Xilinx, Inc. (NASDAQ:XLNX) is a company that designs and develops programmable logic semiconductor devices, as well as the software design tools that go with them. On February 14, Advanced Micro Devices, Inc. (NASDAQ:AMD) announced that it had completed its all-stock acquisition of Xilinx, Inc. (NASDAQ:XLNX).

Truist analyst William Stein boosted his price objective for Xilinx, Inc. (NASDAQ:XLNX) to $190 from $180 on January 27, but maintained a Hold recommendation on the stock. On January 26, Xilinx, Inc. (NASDAQ:XLNX) issued a quarterly dividend of $0.37 per share, in line with the previous.

As of the end of the third quarter, 62 hedge funds in Insider Monkey’s database of 867 funds held stakes in Xilinx, Inc. (NASDAQ:XLNX), up from 59 funds in the second quarter.