Jane Street Group LLC Has $3.64 Million Stock Holdings in Xperi Inc. (NASDAQ:XPER)

Jane Street Group LLC lowered its stake in Xperi Inc. (NASDAQ:XPER - Free Report) by 22.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 354,798 shares of the semiconductor company's stock after selling 104,078 shares during the quarter. Jane Street Group LLC owned about 0.79% of Xperi worth $3,644,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Barclays PLC grew its holdings in Xperi by 197.0% during the third quarter. Barclays PLC now owns 69,991 shares of the semiconductor company's stock worth $646,000 after acquiring an additional 46,426 shares during the period. Franklin Resources Inc. boosted its holdings in Xperi by 12.2% during the third quarter. Franklin Resources Inc. now owns 75,683 shares of the semiconductor company's stock worth $669,000 after buying an additional 8,254 shares in the last quarter. Harbor Capital Advisors Inc. grew its position in Xperi by 13.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company's stock worth $104,000 after buying an additional 1,197 shares during the last quarter. SG Americas Securities LLC lifted its position in shares of Xperi by 24.4% during the 4th quarter. SG Americas Securities LLC now owns 20,777 shares of the semiconductor company's stock valued at $213,000 after acquiring an additional 4,071 shares during the last quarter. Finally, TSP Capital Management Group LLC lifted its position 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 valued at $2,555,000 after acquiring an additional 8,010 shares during the last quarter. Institutional investors own 94.28% of the company's stock.

Xperi Stock Down 3.4%

Shares of Xperi stock traded down $0.28 on Friday, hitting $8.01. 401,189 shares of the company traded hands, compared to its average volume of 484,414. Xperi Inc. has a 12-month low of $6.29 and a 12-month high of $11.08. The company has a market cap of $364.64 million, a PE ratio of -4.22 and a beta of 1.29. The company has a 50-day moving average price of $7.41 and a 200 day moving average price of $8.63.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. StockNews.com lowered Xperi from a "buy" rating to a "hold" rating in a research report on Friday, May 9th. BWS Financial reiterated a "top pick" rating and issued a $30.00 target price on shares of Xperi in a report on Thursday, May 8th. 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.

About Xperi

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.