Susquehanna Fundamental Investments LLC Invests $599,000 in Xperi Inc. (NASDAQ:XPER)

Susquehanna Fundamental Investments LLC acquired a new position in shares of Xperi Inc. (NASDAQ:XPER - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 58,336 shares of the semiconductor company's stock, valued at approximately $599,000. Susquehanna Fundamental Investments LLC owned 0.13% of Xperi at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in XPER. CenterBook Partners LP acquired a new position in Xperi in the fourth quarter valued at $6,861,000. JPMorgan Chase & Co. grew its stake in Xperi by 78.1% in the 4th quarter. JPMorgan Chase & Co. now owns 1,519,100 shares of the semiconductor company's stock valued at $15,601,000 after purchasing an additional 666,226 shares during the period. Segall Bryant & Hamill LLC purchased a new stake in Xperi during the fourth quarter worth about $3,502,000. Connor Clark & Lunn Investment Management Ltd. raised its holdings in shares of Xperi by 66.8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 596,247 shares of the semiconductor company's stock worth $6,123,000 after purchasing an additional 238,687 shares during the period. Finally, Vanguard Group Inc. raised its stake in shares of Xperi by 2.1% in the fourth quarter. Vanguard Group Inc. now owns 3,654,252 shares of the semiconductor company's stock valued at $37,529,000 after buying an additional 74,668 shares during the period. Institutional investors and hedge funds own 94.28% of the company's stock.

Xperi Stock Performance

NASDAQ XPER traded down $0.06 during trading hours on Wednesday, hitting $6.96. The company had a trading volume of 274,541 shares, compared to its average volume of 477,517. Xperi Inc. has a 52 week low of $6.29 and a 52 week high of $11.39. The firm has a market capitalization of $316.76 million, a price-to-earnings ratio of -3.66 and a beta of 1.29. The firm has a 50 day simple moving average of $7.41 and a 200 day simple moving average of $8.69.

Wall Street Analysts Forecast Growth

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

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.