LSV Asset Management Invests $608,000 in Xperi Inc. (NASDAQ:XPER)

LSV Asset Management bought a new stake in Xperi Inc. (NASDAQ:XPER) in the fourth quarter, Holdings Channel.com reports. The firm bought 59,200 shares of the semiconductor company’s stock, valued at approximately $608,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Harbor Capital Advisors Inc. grew its stake in Xperi by 13.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock valued at $104,000 after acquiring an additional 1,197 shares in the last quarter. LPL Financial LLC acquired a new position in shares of Xperi during the 4th quarter worth approximately $115,000. XTX Topco Ltd purchased a new stake in shares of Xperi in the third quarter valued at approximately $153,000. ExodusPoint Capital Management LP acquired a new stake in shares of Xperi in the fourth quarter valued at approximately $193,000. Finally, Silverleafe Capital Partners LLC purchased a new position in Xperi during the fourth quarter worth approximately $200,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

XPER has been the subject of several analyst reports. Rosenblatt Securities restated a “buy” rating and issued a $15.00 target price on shares of Xperi in a report on Thursday, February 27th. BWS Financial reissued a “top pick” rating and set a $30.00 price target on shares of Xperi in a research report on Thursday, February 27th. Finally, StockNews.com upgraded shares of Xperi from a “hold” rating to a “buy” rating in a research report on Thursday, March 27th.

Xperi Stock Performance

XPER opened at $6.59 on Tuesday. The business’s 50 day moving average price is $8.05 and its 200 day moving average price is $8.91. The stock has a market capitalization of $299.96 million, a PE ratio of -3.47 and a beta of 1.29. Xperi Inc. has a one year low of $6.29 and a one year high of $11.39.

About Xperi

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.