Xperi Inc. (NASDAQ:XPER) Shares Purchased by Thompson Siegel & Walmsley LLC

Thompson Siegel & Walmsley LLC lifted its holdings in Xperi Inc. (NASDAQ:XPER) by 18.2% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 180,760 shares of the semiconductor company’s stock after purchasing an additional 27,884 shares during the period. Thompson Siegel & Walmsley LLC owned approximately 0.40% of Xperi worth $1,856,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Wellington Management Group LLP lifted its stake in Xperi by 1.9% in the third quarter. Wellington Management Group LLP now owns 1,830,540 shares of the semiconductor company’s stock worth $16,914,000 after acquiring an additional 33,733 shares during the last quarter. Geode Capital Management LLC lifted its position in shares of Xperi by 1.7% during the 3rd quarter. Geode Capital Management LLC now owns 1,043,421 shares of the semiconductor company’s stock worth $9,643,000 after buying an additional 17,498 shares during the last quarter. Jacobs Levy Equity Management Inc. lifted its position in shares of Xperi by 0.6% during the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 802,736 shares of the semiconductor company’s stock worth $7,417,000 after buying an additional 5,047 shares during the last quarter. Connor Clark & Lunn Investment Management Ltd. increased its holdings in shares of Xperi by 66.8% in the 4th quarter. Connor Clark & Lunn Investment Management Ltd. now owns 596,247 shares of the semiconductor company’s stock valued at $6,123,000 after acquiring an additional 238,687 shares during the period. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of Xperi by 9.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 492,166 shares of the semiconductor company’s stock valued at $4,548,000 after acquiring an additional 42,396 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Xperi Price Performance

Shares of Xperi stock opened at $7.91 on Friday. The stock has a market capitalization of $350.90 million, a price-to-earnings ratio of -4.16 and a beta of 1.32. The firm’s fifty day simple moving average is $8.89 and its 200-day simple moving average is $9.12. Xperi Inc. has a 12 month low of $6.89 and a 12 month high of $12.13.

Analyst Ratings Changes

A number of brokerages have recently commented on XPER. Rosenblatt Securities reaffirmed a “buy” rating and issued a $15.00 target price on shares of Xperi in a report on Thursday, February 27th. BWS Financial reaffirmed a “top pick” rating and issued a $30.00 target price on shares of Xperi in a report on Thursday, February 27th.

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.