Nuveen Asset Management LLC Increases Holdings in Xperi Inc. (NASDAQ:XPER)

Nuveen Asset Management LLC raised its holdings in Xperi Inc. (NASDAQ:XPER - Free Report) by 16.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 359,242 shares of the semiconductor company's stock after purchasing an additional 51,780 shares during the quarter. Nuveen Asset Management LLC owned 0.80% of Xperi worth $3,689,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of XPER. SG Americas Securities LLC grew its stake in Xperi by 24.4% in the 4th quarter. SG Americas Securities LLC now owns 20,777 shares of the semiconductor company's stock valued at $213,000 after purchasing an additional 4,071 shares during the period. TSP Capital Management Group LLC grew its stake in shares of Xperi by 3.3% during the 4th quarter. TSP Capital Management Group LLC now owns 248,808 shares of the semiconductor company's stock worth $2,555,000 after acquiring an additional 8,010 shares during the period. Rhumbline Advisers grew its stake in shares of Xperi by 3.1% during the 4th quarter. Rhumbline Advisers now owns 73,905 shares of the semiconductor company's stock worth $759,000 after acquiring an additional 2,253 shares during the period. Raymond James Financial Inc. bought a new position in shares of Xperi during the 4th quarter worth $658,000. Finally, Connor Clark & Lunn Investment Management Ltd. grew its stake in shares of Xperi by 66.8% during the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 596,247 shares of the semiconductor company's stock worth $6,123,000 after acquiring an additional 238,687 shares during the period. Institutional investors own 94.28% of the company's stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on XPER shares. Wall Street Zen upgraded Xperi from a "hold" rating to a "buy" rating in a research note on Saturday, May 17th. BWS Financial restated a "top pick" rating and issued a $30.00 target price on shares of Xperi in a research note on Thursday, May 8th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $15.00 target price on shares of Xperi in a research note on Thursday, February 27th.

Xperi Stock Performance

NASDAQ XPER traded down $0.26 during trading hours on Thursday, hitting $7.60. The company had a trading volume of 235,556 shares, compared to its average volume of 477,459. Xperi Inc. has a 52 week low of $6.29 and a 52 week high of $11.08. The firm has a 50 day simple moving average of $7.38 and a 200 day simple moving average of $8.53. The firm has a market capitalization of $346.07 million, a price-to-earnings ratio of -4.00 and a beta of 1.29.

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.