Xperi Inc. (NASDAQ:XPER) Shares Sold by Jane Street Group LLC

Jane Street Group LLC cut its stake in Xperi Inc. (NASDAQ:XPER - Free Report) by 22.7% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 354,798 shares of the semiconductor company's stock after selling 104,078 shares during the period. Jane Street Group LLC owned about 0.79% of Xperi worth $3,644,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XPER. Barclays PLC boosted its holdings in Xperi by 197.0% in the third quarter. Barclays PLC now owns 69,991 shares of the semiconductor company's stock valued at $646,000 after purchasing an additional 46,426 shares during the period. Franklin Resources Inc. boosted its holdings in Xperi by 12.2% in the third quarter. Franklin Resources Inc. now owns 75,683 shares of the semiconductor company's stock valued at $669,000 after purchasing an additional 8,254 shares during the period. Harbor Capital Advisors Inc. boosted its holdings in Xperi by 13.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company's stock valued at $104,000 after purchasing an additional 1,197 shares during the period. SG Americas Securities LLC boosted its holdings in Xperi by 24.4% in the fourth 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. Finally, TSP Capital Management Group LLC boosted its holdings in Xperi by 3.3% in the fourth quarter. TSP Capital Management Group LLC now owns 248,808 shares of the semiconductor company's stock valued at $2,555,000 after purchasing an additional 8,010 shares during the period. 94.28% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XPER has been the subject of a number of recent analyst reports. Rosenblatt Securities reaffirmed a "buy" rating and set a $15.00 price target on shares of Xperi in a report on Thursday, February 27th. StockNews.com raised Xperi from a "hold" rating to a "buy" rating in a report on Saturday. Finally, BWS Financial reaffirmed a "top pick" rating and set a $30.00 price target on shares of Xperi in a report on Thursday, May 8th.

Xperi Price Performance

Shares of XPER traded down $0.28 during midday trading on Friday, reaching $8.01. 401,189 shares of the stock were exchanged, compared to its average volume of 484,697. The business's 50-day moving average price is $7.42 and its 200 day moving average price is $8.61. 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 $364.64 million, a price-to-earnings ratio of -4.22 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.