Segall Bryant & Hamill LLC Takes $3.50 Million Position in Xperi Inc. (NASDAQ:XPER)

Segall Bryant & Hamill LLC bought a new stake in shares of Xperi Inc. (NASDAQ:XPER - Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 340,955 shares of the semiconductor company's stock, valued at approximately $3,502,000. Segall Bryant & Hamill LLC owned about 0.76% of Xperi as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. 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 buying an additional 238,687 shares during the period. FMR LLC lifted its stake in shares of Xperi by 180.4% in the 3rd quarter. FMR LLC now owns 363,671 shares of the semiconductor company's stock valued at $3,360,000 after acquiring an additional 233,987 shares during the last quarter. Vanguard Group Inc. boosted its holdings in Xperi by 2.1% during the 4th quarter. Vanguard Group Inc. now owns 3,654,252 shares of the semiconductor company's stock valued at $37,529,000 after acquiring an additional 74,668 shares during the period. Raymond James Financial Inc. bought a new position in Xperi during the 4th quarter worth approximately $658,000. Finally, Fox Run Management L.L.C. bought a new position in Xperi during the 4th quarter worth approximately $483,000. Institutional investors own 94.28% of the company's stock.

Analyst Ratings Changes

A number of analysts have recently weighed in on the company. BWS Financial reissued a "top pick" rating and set a $30.00 price objective on shares of Xperi in a research note on Thursday, February 27th. Rosenblatt Securities reiterated a "buy" rating and set a $15.00 price target on shares of Xperi in a report on Thursday, February 27th. Finally, StockNews.com raised shares of Xperi from a "hold" rating to a "buy" rating in a report on Thursday, March 27th.

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Xperi Price Performance

Xperi stock traded up $0.02 during mid-day trading on Tuesday, reaching $7.74. 206,965 shares of the company traded hands, compared to its average volume of 472,073. Xperi Inc. has a 52-week low of $6.89 and a 52-week high of $11.49. The firm's 50 day moving average price is $8.54 and its 200 day moving average price is $9.07. The firm has a market capitalization of $352.35 million, a price-to-earnings ratio of -4.07 and a beta of 1.32.

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.