Dimensional Fund Advisors LP Grows Stake in Xperi Inc. (NASDAQ:XPER)

Dimensional Fund Advisors LP grew its stake in Xperi Inc. (NASDAQ:XPER - Free Report) by 3.0% during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,477,350 shares of the semiconductor company's stock after purchasing an additional 43,576 shares during the quarter. Dimensional Fund Advisors LP owned approximately 3.30% of Xperi worth $15,172,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the stock. Invesco Ltd. lifted its stake in Xperi by 1.4% during the 4th quarter. Invesco Ltd. now owns 87,467 shares of the semiconductor company's stock valued at $898,000 after acquiring an additional 1,183 shares in the last quarter. Harbor Capital Advisors Inc. lifted its stake in Xperi by 13.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company's stock valued at $104,000 after acquiring an additional 1,197 shares in the last quarter. Rhumbline Advisers lifted its stake in Xperi by 3.1% during the 4th quarter. Rhumbline Advisers now owns 73,905 shares of the semiconductor company's stock valued at $759,000 after acquiring an additional 2,253 shares in the last quarter. Geode Capital Management LLC lifted its stake in Xperi by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 1,046,813 shares of the semiconductor company's stock valued at $10,754,000 after acquiring an additional 3,392 shares in the last quarter. Finally, Franklin Resources Inc. lifted its stake in Xperi by 4.9% during the 4th quarter. Franklin Resources Inc. now owns 79,421 shares of the semiconductor company's stock valued at $816,000 after acquiring an additional 3,738 shares in the last quarter. Institutional investors own 94.28% of the company's stock.

Analyst Ratings Changes

XPER has been the subject of several research analyst reports. StockNews.com lowered Xperi from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. BWS Financial reissued a "top pick" rating and issued a $30.00 price objective on shares of Xperi in a report on Thursday, May 8th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $15.00 price objective on shares of Xperi in a report on Thursday, February 27th.

Xperi Trading Down 0.9%

Shares of NASDAQ XPER traded down $0.08 during midday trading on Wednesday, hitting $8.26. 120,858 shares of the company's stock were exchanged, compared to its average volume of 482,077. Xperi Inc. has a 12-month low of $6.29 and a 12-month high of $11.08. The company has a market cap of $376.02 million, a price-to-earnings ratio of -4.35 and a beta of 1.29. The business's fifty day moving average price is $7.39 and its two-hundred day moving average price is $8.64.

Xperi Company Profile

Xperi Inc operates as a consumer and entertainment technology company worldwide. It offers Pay-TV solutions, including UX solutions that allows service providers to customize elements of the interactive program guide for their customers and to upgrade the programming features and services; IPTV, a cloud-based solution that supports various services and applications, such as TV programming, broadband OTT video content, digital music, photos, and other media experiences; managed IPTV service; video metadata and services; managed IPTV Service, a customizable, cloud-enabled, and end-to-end streaming video solution that enables operators to quickly launch a branded, fully compliant, full-featured Pay-TV service; metadata libraries comprising television, sports, movies, digital-first, celebrities, books, and video games; personalized content discovery, natural language voice, and insights; and TiVo DVR subscriptions, as well as technical support service.