Monaco Asset Management SAM Has $462,000 Position in Xperi Inc. (NASDAQ:XPER)

Monaco Asset Management SAM reduced its position in shares of Xperi Inc. (NASDAQ:XPER - Free Report) by 56.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 45,000 shares of the semiconductor company's stock after selling 58,660 shares during the period. Monaco Asset Management SAM owned about 0.10% of Xperi worth $462,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Thompson Siegel & Walmsley LLC boosted its position in Xperi by 18.2% during the fourth quarter. Thompson Siegel & Walmsley LLC now owns 180,760 shares of the semiconductor company's stock valued at $1,856,000 after purchasing an additional 27,884 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. boosted its position in Xperi by 66.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 596,247 shares of the semiconductor company's stock valued at $6,123,000 after purchasing an additional 238,687 shares during the last quarter. Raymond James Financial Inc. acquired a new position in Xperi during the fourth quarter valued at approximately $658,000. Rhumbline Advisers boosted its position in Xperi by 3.1% during the fourth quarter. Rhumbline Advisers now owns 73,905 shares of the semiconductor company's stock valued at $759,000 after purchasing an additional 2,253 shares during the last quarter. Finally, TSP Capital Management Group LLC boosted its position in Xperi by 3.3% during the fourth quarter. TSP Capital Management Group LLC now owns 248,808 shares of the semiconductor company's stock valued at $2,555,000 after purchasing an additional 8,010 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.

Xperi Stock Performance

Shares of XPER stock opened at $7.78 on Friday. The stock's fifty day moving average price is $8.94 and its two-hundred day moving average price is $9.12. The company has a market cap of $345.52 million, a PE ratio of -4.10 and a beta of 1.32. Xperi Inc. has a fifty-two week low of $6.89 and a fifty-two week high of $12.13.

Analysts Set New Price Targets

XPER has been the subject of several recent research reports. BWS Financial reissued a "top pick" rating and set a $30.00 price target on shares of Xperi in a research report on Thursday, February 27th. Rosenblatt Securities restated a "buy" rating and issued a $15.00 price objective on shares of Xperi in a research note on Thursday, February 27th.

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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.

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