D. E. Shaw & Co. Inc. Acquires 125,021 Shares of Xperi Inc. (NASDAQ:XPER)

D. E. Shaw & Co. Inc. boosted its position in Xperi Inc. (NASDAQ:XPER - Free Report) by 19.7% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 758,210 shares of the semiconductor company's stock after buying an additional 125,021 shares during the quarter. D. E. Shaw & Co. Inc. owned approximately 1.69% of Xperi worth $7,787,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Invesco Ltd. grew its position in Xperi by 1.4% in the 4th quarter. Invesco Ltd. now owns 87,467 shares of the semiconductor company's stock worth $898,000 after purchasing an additional 1,183 shares during the last quarter. Harbor Capital Advisors Inc. lifted its holdings 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 during the period. Nebula Research & Development LLC lifted its holdings in shares of Xperi by 10.1% during the 4th quarter. Nebula Research & Development LLC now owns 22,972 shares of the semiconductor company's stock worth $236,000 after acquiring an additional 2,104 shares during the period. Rhumbline Advisers lifted its holdings in shares of Xperi by 3.1% during the 4th quarter. Rhumbline Advisers now owns 73,905 shares of the semiconductor company's stock worth $759,000 after acquiring an additional 2,253 shares during the period. Finally, Geode Capital Management LLC lifted its holdings in shares of Xperi by 0.3% during the 4th quarter. Geode Capital Management LLC now owns 1,046,813 shares of the semiconductor company's stock worth $10,754,000 after acquiring an additional 3,392 shares during the period. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Xperi Stock Performance

NASDAQ XPER remained flat at $7.98 during trading on Monday. 328,686 shares of the company were exchanged, compared to its average volume of 484,073. The company has a market capitalization of $363.23 million, a price-to-earnings ratio of -4.20 and a beta of 1.29. The firm's fifty day moving average is $7.42 and its 200-day moving average is $8.61. Xperi Inc. has a 52-week low of $6.29 and a 52-week high of $11.08.

Wall Street Analyst Weigh In

XPER has been the subject of several analyst reports. StockNews.com raised shares of Xperi from a "hold" rating to a "buy" rating in a report on Saturday. 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. Finally, BWS Financial reaffirmed a "top pick" rating and issued a $30.00 target price on shares of Xperi in a research note on Thursday, May 8th.

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.