Barclays PLC Purchases 46,426 Shares of Xperi Inc. (NASDAQ:XPER)

Barclays PLC increased its position in shares of Xperi Inc. (NASDAQ:XPER) by 197.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 69,991 shares of the semiconductor company’s stock after buying an additional 46,426 shares during the period. Barclays PLC’s holdings in Xperi were worth $646,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of XPER. ProShare Advisors LLC acquired a new stake in Xperi during the 2nd quarter worth about $48,000. nVerses Capital LLC acquired a new stake in Xperi during the third quarter worth approximately $79,000. Intech Investment Management LLC acquired a new stake in Xperi during the third quarter worth approximately $121,000. West Tower Group LLC increased its holdings in Xperi by 91.3% in the third quarter. West Tower Group LLC now owns 13,268 shares of the semiconductor company’s stock worth $123,000 after purchasing an additional 6,331 shares in the last quarter. Finally, Quest Partners LLC acquired a new position in Xperi in the second quarter valued at approximately $141,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on XPER shares. BWS Financial reaffirmed a “top pick” rating and set a $30.00 price objective on shares of Xperi in a research 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.

Xperi Stock Performance

Shares of Xperi stock opened at $10.27 on Thursday. The stock has a market capitalization of $460.40 million, a PE ratio of -5.41 and a beta of 1.52. Xperi Inc. has a 52 week low of $6.89 and a 52 week high of $12.29. The stock has a 50 day moving average price of $9.50 and a two-hundred day moving average price of $8.74.

Xperi Company 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.