23,709 Shares in Xperi Inc. (NASDAQ:XPER) Bought by Dynamic Technology Lab Private Ltd

Dynamic Technology Lab Private Ltd purchased a new position in shares of Xperi Inc. (NASDAQ:XPER) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 23,709 shares of the semiconductor company’s stock, valued at approximately $243,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. JPMorgan Chase & Co. lifted its holdings in shares of Xperi by 78.1% during the 4th quarter. JPMorgan Chase & Co. now owns 1,519,100 shares of the semiconductor company’s stock worth $15,601,000 after acquiring an additional 666,226 shares during the period. Segall Bryant & Hamill LLC acquired a new position in Xperi in the fourth quarter worth about $3,502,000. Connor Clark & Lunn Investment Management Ltd. lifted its stake in Xperi by 66.8% during the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 596,247 shares of the semiconductor company’s stock worth $6,123,000 after purchasing an additional 238,687 shares during the period. FMR LLC boosted its holdings in 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 in the last quarter. Finally, Vanguard Group Inc. grew its stake 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 valued at $37,529,000 after purchasing an additional 74,668 shares during the period. Institutional investors own 94.28% of the company’s stock.

Xperi Price Performance

Shares of XPER opened at $6.55 on Friday. The company has a market capitalization of $297.92 million, a P/E ratio of -3.44 and a beta of 1.29. Xperi Inc. has a one year low of $6.32 and a one year high of $11.39. The business’s 50 day simple moving average is $8.16 and its 200-day simple moving average is $8.94.

Analyst Ratings Changes

Several equities analysts recently commented on XPER shares. StockNews.com upgraded Xperi from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th. BWS Financial reissued a “top pick” rating and set a $30.00 price objective on shares of Xperi in a report on Thursday, February 27th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $15.00 target price on shares of Xperi in a research note 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.