Fox Run Management L.L.C. Takes $483,000 Position in Xperi Inc. (NASDAQ:XPER)

Fox Run Management L.L.C. acquired a new stake in Xperi Inc. (NASDAQ:XPER - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 47,075 shares of the semiconductor company's stock, valued at approximately $483,000. Fox Run Management L.L.C. owned 0.11% of Xperi at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in XPER. Harbor Capital Advisors Inc. increased its position in Xperi by 13.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company's stock valued at $104,000 after acquiring an additional 1,197 shares during the period. Intech Investment Management LLC acquired a new stake in Xperi in the third quarter valued at $121,000. West Tower Group LLC raised its position in Xperi by 91.3% during the 3rd quarter. West Tower Group LLC now owns 13,268 shares of the semiconductor company's stock worth $123,000 after purchasing an additional 6,331 shares during the last quarter. XTX Topco Ltd acquired a new position in Xperi during the 3rd quarter worth about $153,000. Finally, Silverleafe Capital Partners LLC bought a new stake in shares of Xperi in the 4th quarter valued at about $200,000. Institutional investors own 94.28% of the company's stock.

Xperi Stock Down 4.6 %

XPER traded down $0.38 during trading on Friday, hitting $7.84. The company's stock had a trading volume of 239,349 shares, compared to its average volume of 474,158. The firm has a market capitalization of $356.63 million, a P/E ratio of -4.12 and a beta of 1.32. Xperi Inc. has a twelve month low of $6.89 and a twelve month high of $12.12. The stock's fifty day moving average price is $8.59 and its 200-day moving average price is $9.08.

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Wall Street Analysts Forecast Growth

A number of research firms recently commented on XPER. Rosenblatt Securities reaffirmed a "buy" rating and issued a $15.00 price objective on shares of Xperi in a research note on Thursday, February 27th. BWS Financial restated a "top pick" rating and issued a $30.00 price target on shares of Xperi in a research report on Thursday, February 27th. Finally, StockNews.com upgraded shares of Xperi from a "hold" rating to a "buy" rating in a research report on Thursday.

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.