Waterfront Wealth Inc. trimmed its stake in Xperi Inc. (NASDAQ:XPER - Free Report) by 17.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 296,924 shares of the semiconductor company's stock after selling 61,211 shares during the quarter. Waterfront Wealth Inc. owned about 0.66% of Xperi worth $3,049,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Harbor Capital Advisors Inc. grew its holdings in shares of Xperi by 13.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company's stock valued at $104,000 after buying an additional 1,197 shares during the last quarter. Intech Investment Management LLC bought a new position in Xperi in the 3rd quarter valued at about $121,000. West Tower Group LLC boosted its stake in Xperi by 91.3% during the 3rd quarter. West Tower Group LLC now owns 13,268 shares of the semiconductor company's stock valued at $123,000 after purchasing an additional 6,331 shares during the last quarter. XTX Topco Ltd bought a new stake in Xperi during the 3rd quarter worth approximately $153,000. Finally, SG Americas Securities LLC purchased a new stake in shares of Xperi in the third quarter worth approximately $154,000. 94.28% of the stock is owned by institutional investors.
Analysts Set New Price Targets
Separately, BWS Financial reaffirmed a "top pick" rating and set a $30.00 target price on shares of Xperi in a research report on Thursday, November 7th.
View Our Latest Stock Report on Xperi
Xperi Stock Up 0.1 %
XPER stock traded up $0.01 during trading on Tuesday, reaching $8.65. The stock had a trading volume of 415,037 shares, compared to its average volume of 300,920. The company has a market capitalization of $387.56 million, a price-to-earnings ratio of -4.55 and a beta of 1.31. Xperi Inc. has a one year low of $6.89 and a one year high of $12.29. The company's 50 day moving average is $9.50 and its two-hundred day moving average is $9.12.
Xperi Company Profile
(
Free Report)
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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