Xperi Inc. (NASDAQ:XPER - Get Free Report) shares crossed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $8.87 and traded as high as $9.13. Xperi shares last traded at $9.11, with a volume of 343,235 shares traded.
Analyst Ratings Changes
Separately, BWS Financial restated a "top pick" rating and issued a $30.00 price target on shares of Xperi in a research report on Thursday, November 7th.
Read Our Latest Analysis on Xperi
Xperi Stock Performance
The firm has a 50 day simple moving average of $9.59 and a two-hundred day simple moving average of $8.87. The stock has a market cap of $400.78 million, a P/E ratio of -4.71 and a beta of 1.34.
Institutional Investors Weigh In On Xperi
Institutional investors and hedge funds have recently bought and sold shares of the business. Clearline Capital LP grew its position in Xperi by 37.9% in the second quarter. Clearline Capital LP now owns 2,359,750 shares of the semiconductor company's stock worth $19,374,000 after buying an additional 648,207 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Xperi by 703.2% in the 2nd quarter. Millennium Management LLC now owns 592,415 shares of the semiconductor company's stock worth $4,864,000 after acquiring an additional 518,661 shares during the last quarter. Assenagon Asset Management S.A. raised its position in shares of Xperi by 337.0% during the third quarter. Assenagon Asset Management S.A. now owns 590,768 shares of the semiconductor company's stock worth $5,459,000 after purchasing an additional 455,569 shares during the period. Healthcare of Ontario Pension Plan Trust Fund purchased a new stake in shares of Xperi during the second quarter valued at $2,159,000. Finally, FMR LLC lifted its holdings in shares of Xperi by 180.4% during the third quarter. FMR LLC now owns 363,671 shares of the semiconductor company's stock valued at $3,360,000 after purchasing an additional 233,987 shares during the last quarter. 94.28% of the stock is owned by institutional investors and hedge funds.
Xperi Company Profile
(
Get 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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