Marshall Wace LLP Has $110,000 Stock Holdings in Xperi Inc. (NASDAQ:XPER)

Marshall Wace LLP decreased its holdings in shares of Xperi Inc. (NASDAQ:XPER - Free Report) by 77.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,666 shares of the semiconductor company's stock after selling 35,706 shares during the quarter. Marshall Wace LLP's holdings in Xperi were worth $110,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Harbor Capital Advisors Inc. boosted its position in Xperi by 13.4% during 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 last quarter. LPL Financial LLC acquired a new stake in shares of Xperi in the 4th quarter valued at approximately $115,000. ExodusPoint Capital Management LP bought a new position in shares of Xperi in the fourth quarter valued at $193,000. SG Americas Securities LLC increased its holdings in Xperi by 24.4% during the fourth quarter. SG Americas Securities LLC now owns 20,777 shares of the semiconductor company's stock worth $213,000 after buying an additional 4,071 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd bought a new stake in Xperi during the fourth quarter worth $243,000. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Xperi Stock Performance

Shares of XPER opened at $7.04 on Wednesday. Xperi Inc. has a 52 week low of $6.29 and a 52 week high of $11.39. The firm's 50-day simple moving average is $7.41 and its 200 day simple moving average is $8.69. The firm has a market cap of $320.58 million, a P/E ratio of -3.71 and a beta of 1.29.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on XPER shares. StockNews.com upgraded shares of Xperi from a "hold" rating to a "buy" rating in a research note on Thursday, March 27th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $15.00 price objective on shares of Xperi in a research report on Thursday, February 27th. Finally, BWS Financial reissued a "top pick" rating and set a $30.00 target price 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.

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