Xperi Inc. (NASDAQ:XPER) Stock Position Reduced by Voya Investment Management LLC

Voya Investment Management LLC lowered its position in shares of Xperi Inc. (NASDAQ:XPER - Free Report) by 75.4% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,004 shares of the semiconductor company's stock after selling 46,020 shares during the period. Voya Investment Management LLC's holdings in Xperi were worth $154,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Barclays PLC increased its position in Xperi by 197.0% in the 3rd quarter. Barclays PLC now owns 69,991 shares of the semiconductor company's stock valued at $646,000 after acquiring an additional 46,426 shares during the period. Franklin Resources Inc. increased its position in Xperi by 12.2% during the 3rd quarter. Franklin Resources Inc. now owns 75,683 shares of the semiconductor company's stock worth $669,000 after purchasing an additional 8,254 shares during the period. Harbor Capital Advisors Inc. boosted its stake 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 worth $104,000 after acquiring an additional 1,197 shares in the last quarter. SG Americas Securities LLC boosted its stake 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 worth $213,000 after acquiring an additional 4,071 shares in the last quarter. Finally, TSP Capital Management Group LLC boosted its stake 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 worth $2,555,000 after acquiring an additional 8,010 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company's stock.

Xperi Trading Down 3.4%

NASDAQ XPER traded down $0.28 during mid-day trading on Friday, reaching $8.01. 401,189 shares of the company's stock traded hands, compared to its average volume of 484,697. Xperi Inc. has a 1-year low of $6.29 and a 1-year high of $11.08. The company has a fifty day simple moving average of $7.42 and a 200-day simple moving average of $8.61. The company has a market cap of $364.64 million, a price-to-earnings ratio of -4.22 and a beta of 1.29.

Wall Street Analysts Forecast Growth

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

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.