Fox Run Management L.L.C. Purchases Shares of 47,075 Xperi Inc. (NASDAQ:XPER)

Fox Run Management L.L.C. acquired a new stake in shares of Xperi Inc. (NASDAQ:XPER) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 47,075 shares of the semiconductor company’s stock, valued at approximately $483,000. Fox Run Management L.L.C. owned approximately 0.11% of Xperi at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Harbor Capital Advisors Inc. boosted its holdings in Xperi by 13.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock worth $104,000 after buying an additional 1,197 shares in the last quarter. Rhumbline Advisers lifted its position in shares of Xperi by 3.1% during the 4th quarter. Rhumbline Advisers now owns 73,905 shares of the semiconductor company’s stock valued at $759,000 after acquiring an additional 2,253 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of Xperi by 24.4% during the 4th quarter. SG Americas Securities LLC now owns 20,777 shares of the semiconductor company’s stock worth $213,000 after acquiring an additional 4,071 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its holdings in shares of Xperi by 0.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 802,736 shares of the semiconductor company’s stock worth $7,417,000 after acquiring an additional 5,047 shares during the last quarter. Finally, West Tower Group LLC raised its position in shares of Xperi by 91.3% during 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 during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Xperi Trading Up 1.6 %

Shares of XPER stock opened at $8.19 on Wednesday. The company has a market capitalization of $372.79 million, a price-to-earnings ratio of -4.31 and a beta of 1.32. Xperi Inc. has a 1-year low of $6.89 and a 1-year high of $12.13. The stock’s fifty day simple moving average is $8.65 and its 200-day simple moving average is $9.09.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on XPER. Rosenblatt Securities reiterated a “buy” rating and issued a $15.00 price target on shares of Xperi in a research report on Thursday, February 27th. BWS Financial reiterated a “top pick” rating and issued a $30.00 target price on shares of Xperi in a report on Thursday, February 27th. Finally, StockNews.com lowered shares of Xperi from a “buy” rating to a “hold” rating in a report on Wednesday, March 19th.

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.