Man Group plc bought a new position in shares of Xperi Inc. (NASDAQ:XPER - Free Report) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 35,225 shares of the semiconductor company's stock, valued at approximately $362,000. Man Group plc owned about 0.08% of Xperi at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also made changes to their positions in the stock. BNP Paribas Financial Markets acquired a new position in Xperi in the fourth quarter valued at approximately $56,000. LPL Financial LLC acquired a new position in Xperi in the fourth quarter valued at approximately $115,000. Corton Capital Inc. acquired a new position in Xperi in the fourth quarter valued at approximately $127,000. Nokomis Capital L.L.C. acquired a new position in Xperi in the fourth quarter valued at approximately $177,000. Finally, ExodusPoint Capital Management LP acquired a new position in Xperi in the fourth quarter valued at approximately $193,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.
Xperi Stock Up 0.3%
NASDAQ:XPER traded up $0.03 during trading hours on Friday, reaching $7.82. 211,273 shares of the stock were exchanged, compared to its average volume of 479,622. The business has a 50-day moving average of $7.39 and a two-hundred day moving average of $8.54. Xperi Inc. has a twelve month low of $6.29 and a twelve month high of $11.08. The company has a market capitalization of $355.72 million, a price-to-earnings ratio of -4.11 and a beta of 1.29.
Wall Street Analyst Weigh In
A number of research firms recently commented on XPER. BWS Financial reiterated a "top pick" rating and issued a $30.00 price objective on shares of Xperi in a report on Thursday, May 8th. Wall Street Zen upgraded Xperi from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Finally, Rosenblatt Securities reiterated a "buy" rating and issued a $15.00 price objective on shares of Xperi in a report on Thursday, February 27th.
Get Our Latest Analysis on Xperi
Xperi Profile
(
Free Report)
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.
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