Trexquant Investment LP Invests $434,000 in Xperi Inc. $XPER

Trexquant Investment LP acquired a new stake in shares of Xperi Inc. (NASDAQ:XPER - Free Report) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 56,259 shares of the semiconductor company's stock, valued at approximately $434,000. Trexquant Investment LP owned approximately 0.12% of Xperi as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XPER. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Xperi by 4.6% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,742 shares of the semiconductor company's stock valued at $264,000 after purchasing an additional 1,140 shares during the period. Two Sigma Advisers LP lifted its position in Xperi by 18.9% during the 4th quarter. Two Sigma Advisers LP now owns 14,500 shares of the semiconductor company's stock valued at $149,000 after purchasing an additional 2,300 shares during the period. Fuller & Thaler Asset Management Inc. lifted its position in Xperi by 3.5% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 68,790 shares of the semiconductor company's stock valued at $531,000 after purchasing an additional 2,300 shares during the period. Virtus Fund Advisers LLC bought a new stake in shares of Xperi in the 4th quarter valued at about $43,000. Finally, New York State Common Retirement Fund increased its stake in shares of Xperi by 140.5% in the 1st quarter. New York State Common Retirement Fund now owns 8,900 shares of the semiconductor company's stock valued at $69,000 after acquiring an additional 5,200 shares during the last quarter. 94.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $15.00 price target on shares of Xperi in a research note on Tuesday, July 29th. Wall Street Zen upgraded shares of Xperi from a "hold" rating to a "buy" rating in a report on Saturday, May 17th. Finally, BWS Financial downgraded shares of Xperi from a "strong-buy" rating to a "moderate buy" rating and dropped their target price for the stock from $30.00 to $12.00 in a report on Tuesday, July 29th. One research analyst has rated the stock with a Buy rating, According to MarketBeat.com, the stock has a consensus rating of "Buy" and a consensus target price of $13.50.

Xperi Trading Down 0.7%

NASDAQ:XPER traded down $0.05 on Friday, reaching $6.03. 430,442 shares of the stock traded hands, compared to its average volume of 365,102. The company's 50 day moving average is $6.56 and its 200-day moving average is $7.28. Xperi Inc. has a 1-year low of $5.68 and a 1-year high of $11.07. The firm has a market capitalization of $278.72 million, a price-to-earnings ratio of -3.17 and a beta of 1.26.

Xperi 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.