16,592 Shares in Xperi Inc. (NASDAQ:XPER) Bought by XTX Topco Ltd

XTX Topco Ltd purchased a new stake in Xperi Inc. (NASDAQ:XPER) in the 3rd quarter, Holdings Channel.com reports. The firm purchased 16,592 shares of the semiconductor company’s stock, valued at approximately $153,000.

Other institutional investors have also modified their holdings of the company. ProShare Advisors LLC bought a new position in shares of Xperi during the second quarter valued at approximately $48,000. nVerses Capital LLC bought a new stake in shares of Xperi during the third quarter valued at about $79,000. Intech Investment Management LLC acquired a new stake in shares of Xperi in the 3rd quarter worth approximately $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 in the last quarter. Finally, Quest Partners LLC acquired a new stake in shares of Xperi in the second quarter valued at $141,000. Institutional investors own 94.28% of the company’s stock.

Xperi Price Performance

Shares of XPER opened at $10.19 on Friday. Xperi Inc. has a one year low of $6.89 and a one year high of $12.29. The company has a 50-day moving average of $9.35 and a two-hundred day moving average of $8.61. The stock has a market cap of $456.82 million, a price-to-earnings ratio of -5.36 and a beta of 1.52.

Wall Street Analyst Weigh In

XPER has been the subject of a number of research analyst reports. BWS Financial reissued a “top pick” rating and issued a $30.00 price target on shares of Xperi in a report on Thursday, November 7th. StockNews.com cut shares of Xperi from a “buy” rating to a “hold” rating in a report on Thursday, September 12th. One analyst has rated the stock with a hold rating, two have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $19.00.

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.