Cathie Wood Is Selling These 5 Stocks

3. Xilinx, Inc. (NASDAQ: XLNX)

Number of Hedge Fund Holders: 59    

Xilinx, Inc. (NASDAQ: AXLNX) is a California-based company that makes and sells programmable devices. It is ranked third on our list of 10 stocks Cathie Wood is selling.

On July 29, investment advisory Wells Fargo reiterated an Equal Weight rating on Xilinx, Inc. (NASDAQ: AXLNX) stock and raised the price target to $140 from $110, highlighting the positive first quarter results posted by the firm. 

At the end of the second quarter of 2021, 59 hedge funds in the database of Insider Monkey held stakes worth $4.1 billion in Xilinx, Inc. (NASDAQ: AXLNX), up from 57 the preceding quarter worth $3.5 billion.