Vanguard Group Inc. Raises Holdings in Xperi Inc. (NASDAQ:XPER)

Vanguard Group Inc. increased its stake in shares of Xperi Inc. (NASDAQ:XPER - Free Report) by 2.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,654,252 shares of the semiconductor company's stock after acquiring an additional 74,668 shares during the quarter. Vanguard Group Inc. owned approximately 8.15% of Xperi worth $37,529,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Wellington Management Group LLP grew its position in Xperi by 1.9% in the 3rd quarter. Wellington Management Group LLP now owns 1,830,540 shares of the semiconductor company's stock valued at $16,914,000 after purchasing an additional 33,733 shares during the period. XTX Topco Ltd bought a new position in shares of Xperi in the third quarter valued at $153,000. Barclays PLC grew its holdings in shares of Xperi by 197.0% during the third quarter. Barclays PLC now owns 69,991 shares of the semiconductor company's stock valued at $646,000 after buying an additional 46,426 shares during the last quarter. Geode Capital Management LLC increased its position in shares of Xperi by 1.7% during the third quarter. Geode Capital Management LLC now owns 1,043,421 shares of the semiconductor company's stock worth $9,643,000 after acquiring an additional 17,498 shares in the last quarter. Finally, Franklin Resources Inc. raised its holdings in shares of Xperi by 12.2% in the 3rd quarter. Franklin Resources Inc. now owns 75,683 shares of the semiconductor company's stock worth $669,000 after acquiring an additional 8,254 shares during the last quarter. 94.28% of the stock is owned by institutional investors.

Xperi Stock Performance

NASDAQ:XPER traded up $0.01 on Friday, hitting $6.53. The stock had a trading volume of 308,766 shares, compared to its average volume of 476,502. Xperi Inc. has a 1 year low of $6.29 and a 1 year high of $11.39. The firm's fifty day simple moving average is $7.83 and its two-hundred day simple moving average is $8.84. The stock has a market cap of $297.00 million, a P/E ratio of -3.43 and a beta of 1.29.

Analyst Upgrades and Downgrades

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

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.