Xperi’s (XPER) Top Pick Rating Reiterated at BWS Financial

BWS Financial reiterated their top pick rating on shares of Xperi (NASDAQ:XPER) in a report issued on Thursday,Benzinga reports. BWS Financial currently has a $30.00 target price on the semiconductor company’s stock.

XPER has been the topic of a number of other reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $15.00 price target on shares of Xperi in a research note on Thursday, February 27th. StockNews.com raised Xperi from a “hold” rating to a “buy” rating in a report on Thursday, March 27th.

Xperi Stock Performance

NASDAQ:XPER opened at $8.08 on Thursday. The stock has a market capitalization of $367.79 million, a PE ratio of -4.25 and a beta of 1.29. Xperi has a fifty-two week low of $6.29 and a fifty-two week high of $11.08. The company has a fifty day moving average of $7.38 and a two-hundred day moving average of $8.65.

Hedge Funds Weigh In On Xperi

Hedge funds and other institutional investors have recently modified their holdings of the business. Virtus Fund Advisers LLC acquired a new stake in shares of Xperi during the 4th quarter worth approximately $43,000. BNP Paribas Financial Markets acquired a new stake in Xperi during the fourth quarter worth $56,000. New York State Common Retirement Fund lifted its stake in shares of Xperi by 140.5% in the 1st quarter. New York State Common Retirement Fund now owns 8,900 shares of the semiconductor company’s stock valued at $69,000 after purchasing an additional 5,200 shares during the last quarter. Harbor Capital Advisors Inc. grew its holdings in shares of Xperi by 13.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock worth $104,000 after purchasing an additional 1,197 shares during the period. Finally, Y Intercept Hong Kong Ltd acquired a new stake in shares of Xperi during the 1st quarter worth about $105,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

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.