Campbell & CO Investment Adviser LLC Makes New $724,000 Investment in Xperi Inc. $XPER

Campbell & CO Investment Adviser LLC bought a new position in Xperi Inc. (NASDAQ:XPER) in the 2nd quarter, according to its most recent filing with the SEC. The institutional investor bought 91,580 shares of the semiconductor company’s stock, valued at approximately $724,000. Campbell & CO Investment Adviser LLC owned 0.20% of Xperi at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Y Intercept Hong Kong Ltd bought a new stake in shares of Xperi in the 1st quarter valued at about $105,000. Immersion Corp purchased a new position in Xperi during the first quarter valued at approximately $2,682,000. Clearline Capital LP raised its stake in Xperi by 35.9% in the first quarter. Clearline Capital LP now owns 1,502,818 shares of the semiconductor company’s stock worth $11,602,000 after buying an additional 397,211 shares in the last quarter. Trexquant Investment LP bought a new stake in Xperi during the 1st quarter valued at $434,000. Finally, Connor Clark & Lunn Investment Management Ltd. boosted its position in Xperi by 53.8% during the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 1,237,645 shares of the semiconductor company’s stock valued at $9,790,000 after acquiring an additional 432,689 shares in the last quarter. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Analysts Set New Price Targets

XPER has been the subject of a number of analyst reports. Rosenblatt Securities restated a “buy” rating and set a $10.00 price objective on shares of Xperi in a research note on Thursday, November 6th. BWS Financial reissued a “buy” rating and set a $12.00 price target on shares of Xperi in a research report on Monday, November 10th. Two investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $11.00.

Xperi Stock Performance

Xperi stock opened at $6.21 on Friday. The stock has a market cap of $287.56 million, a PE ratio of -3.27 and a beta of 1.29. The stock has a 50-day moving average of $6.49 and a two-hundred day moving average of $6.99. Xperi Inc. has a one year low of $5.68 and a one year high of $11.07.

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.