Maven Securities LTD Purchases Shares of 30,000 Xperi Inc. (NASDAQ:XPER)

Maven Securities LTD acquired a new stake in Xperi Inc. (NASDAQ:XPER) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 30,000 shares of the semiconductor company’s stock, valued at approximately $308,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Vanguard Group Inc. grew its position in shares of Xperi by 2.1% in the 4th quarter. Vanguard Group Inc. now owns 3,654,252 shares of the semiconductor company’s stock worth $37,529,000 after buying an additional 74,668 shares during the last quarter. Wellington Management Group LLP lifted its stake in Xperi by 2.9% in the fourth quarter. Wellington Management Group LLP now owns 1,883,932 shares of the semiconductor company’s stock worth $19,348,000 after acquiring an additional 53,392 shares during the period. The Manufacturers Life Insurance Company boosted its holdings in Xperi by 6.7% in the fourth quarter. The Manufacturers Life Insurance Company now owns 1,861,658 shares of the semiconductor company’s stock valued at $19,119,000 after acquiring an additional 116,220 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in Xperi by 78.1% in the fourth quarter. JPMorgan Chase & Co. now owns 1,519,100 shares of the semiconductor company’s stock valued at $15,601,000 after acquiring an additional 666,226 shares in the last quarter. Finally, Dimensional Fund Advisors LP increased its position in Xperi by 3.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 1,477,350 shares of the semiconductor company’s stock valued at $15,172,000 after purchasing an additional 43,576 shares during the period. 94.28% of the stock is owned by institutional investors.

Xperi Price Performance

Shares of NASDAQ XPER opened at $8.30 on Wednesday. Xperi Inc. has a 1 year low of $6.29 and a 1 year high of $11.08. The firm has a 50-day moving average of $7.39 and a 200 day moving average of $8.64. The stock has a market cap of $377.80 million, a P/E ratio of -4.37 and a beta of 1.29.

Analysts Set New Price Targets

Several research firms have recently commented on XPER. BWS Financial reaffirmed a “top pick” rating and issued a $30.00 target price on shares of Xperi in a research report on Thursday, May 8th. StockNews.com lowered shares of Xperi from a “buy” rating to a “hold” rating in a report on Friday, May 9th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $15.00 target price on shares of Xperi in a report on Thursday, February 27th.

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.