LSV Asset Management Buys New Shares in Xperi Inc. (NASDAQ:XPER)

LSV Asset Management acquired a new stake in Xperi Inc. (NASDAQ:XPER - Free Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 59,200 shares of the semiconductor company's stock, valued at approximately $608,000. LSV Asset Management owned approximately 0.13% of Xperi at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. increased its position in shares of Xperi by 13.4% during the 4th 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. LPL Financial LLC bought a new stake in Xperi in the fourth quarter worth about $115,000. XTX Topco Ltd acquired a new stake in Xperi in the 3rd quarter valued at about $153,000. ExodusPoint Capital Management LP bought a new position in shares of Xperi during the 4th quarter valued at about $193,000. Finally, Silverleafe Capital Partners LLC acquired a new position in shares of Xperi in the 4th quarter worth approximately $200,000. Institutional investors own 94.28% of the company's stock.

Analyst Upgrades and Downgrades

XPER has been the topic of several recent research reports. Rosenblatt Securities restated a "buy" rating and issued a $15.00 price target on shares of Xperi in a research report on Thursday, February 27th. BWS Financial reaffirmed a "top pick" rating and set a $30.00 target price on shares of Xperi in a report on Thursday, February 27th. Finally, StockNews.com raised Xperi from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th.

Xperi Price Performance

NASDAQ XPER traded up $0.01 on Friday, hitting $6.53. 308,766 shares of the stock were exchanged, compared to its average volume of 477,026. The company's 50-day moving average price is $7.83 and its two-hundred day moving average price is $8.84. The company has a market capitalization of $297.00 million, a price-to-earnings ratio of -3.43 and a beta of 1.29. Xperi Inc. has a 52-week low of $6.29 and a 52-week high of $11.39.

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.