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

Dimensional Fund Advisors LP lifted its holdings in shares of Xperi Inc. (NASDAQ:XPER - Free Report) by 3.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,477,350 shares of the semiconductor company's stock after acquiring an additional 43,576 shares during the period. Dimensional Fund Advisors LP owned approximately 3.30% of Xperi worth $15,172,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Harbor Capital Advisors Inc. increased its position in shares of Xperi by 13.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company's stock worth $104,000 after acquiring an additional 1,197 shares in the last quarter. LPL Financial LLC purchased a new position in Xperi during the fourth quarter worth about $115,000. ExodusPoint Capital Management LP purchased a new position in Xperi during the fourth quarter worth about $193,000. SG Americas Securities LLC boosted its holdings in Xperi by 24.4% during the fourth quarter. SG Americas Securities LLC now owns 20,777 shares of the semiconductor company's stock worth $213,000 after purchasing an additional 4,071 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd purchased a new position in Xperi during the fourth quarter worth about $243,000. 94.28% of the stock is owned by institutional investors.

Xperi Stock Performance

XPER traded up $0.25 during midday trading on Monday, reaching $8.35. The company had a trading volume of 839,383 shares, compared to its average volume of 482,688. The stock has a market cap of $380.26 million, a PE ratio of -4.40 and a beta of 1.29. Xperi Inc. has a 12-month low of $6.29 and a 12-month high of $11.08. The business has a 50-day moving average price of $7.38 and a two-hundred day moving average price of $8.65.

Analyst Ratings Changes

Several research analysts recently weighed in on XPER shares. StockNews.com cut shares of Xperi from a "buy" rating to a "hold" rating in a report on Friday. BWS Financial restated a "top pick" rating and set a $30.00 price target on shares of Xperi in a report on Thursday. Finally, Rosenblatt Securities restated a "buy" rating and set a $15.00 price target on shares of Xperi in a report on Thursday, February 27th.

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.