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

LSV Asset Management acquired a new position in Xperi Inc. (NASDAQ:XPER) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 59,200 shares of the semiconductor company’s stock, valued at approximately $608,000. LSV Asset Management owned about 0.13% of Xperi as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in Xperi by 2.1% during the fourth quarter. Vanguard Group Inc. now owns 3,654,252 shares of the semiconductor company’s stock valued at $37,529,000 after purchasing an additional 74,668 shares during the period. Wellington Management Group LLP boosted its stake in shares of Xperi by 2.9% in the fourth quarter. Wellington Management Group LLP now owns 1,883,932 shares of the semiconductor company’s stock worth $19,348,000 after buying an additional 53,392 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Xperi by 78.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,519,100 shares of the semiconductor company’s stock valued at $15,601,000 after acquiring an additional 666,226 shares during the period. Geode Capital Management LLC grew its stake 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 purchasing an additional 3,392 shares during the period. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of Xperi by 8.4% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 794,782 shares of the semiconductor company’s stock valued at $8,162,000 after purchasing an additional 61,610 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have weighed in on XPER. BWS Financial reaffirmed 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 Xperi from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $15.00 price objective on shares of Xperi in a research report on Thursday, February 27th.

Xperi Stock Up 0.9 %

XPER opened at $6.59 on Tuesday. Xperi Inc. has a twelve month low of $6.29 and a twelve month high of $11.39. The company has a market cap of $299.96 million, a PE ratio of -3.47 and a beta of 1.29. The company has a 50-day moving average price of $8.05 and a 200 day moving average price of $8.91.

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.