Charles Schwab Investment Management Inc. Has $4.55 Million Holdings in Xperi Inc. (NASDAQ:XPER)

Charles Schwab Investment Management Inc. increased its stake in Xperi Inc. (NASDAQ:XPER) by 9.4% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 492,166 shares of the semiconductor company’s stock after purchasing an additional 42,396 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Xperi were worth $4,548,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in XPER. Assenagon Asset Management S.A. raised its stake in Xperi by 959.9% in the 2nd quarter. Assenagon Asset Management S.A. now owns 135,199 shares of the semiconductor company’s stock valued at $1,110,000 after acquiring an additional 122,443 shares during the period. Skylands Capital LLC increased its position in Xperi by 45.7% during the 2nd quarter. Skylands Capital LLC now owns 216,500 shares of the semiconductor company’s stock worth $1,777,000 after buying an additional 67,875 shares during the period. Waterfront Wealth Inc. increased its position in Xperi by 46.6% during the 2nd quarter. Waterfront Wealth Inc. now owns 325,065 shares of the semiconductor company’s stock worth $2,669,000 after buying an additional 103,351 shares during the period. Quest Partners LLC bought a new position in Xperi during the 2nd quarter worth $141,000. Finally, Monaco Asset Management SAM bought a new position in shares of Xperi in the second quarter worth $859,000. Institutional investors and hedge funds own 94.28% of the company’s stock.

Xperi Stock Performance

Shares of XPER opened at $10.72 on Friday. Xperi Inc. has a 52-week low of $6.89 and a 52-week high of $12.29. The business’s 50 day moving average price is $9.14 and its two-hundred day moving average price is $8.54. The firm has a market cap of $480.58 million, a PE ratio of -5.64 and a beta of 1.52.

Analyst Ratings Changes

Several analysts recently weighed in on XPER shares. BWS Financial reaffirmed a “top pick” rating and issued a $30.00 price objective on shares of Xperi in a research note on Thursday, November 7th. StockNews.com lowered Xperi from a “buy” rating to a “hold” rating in a research note on Thursday, September 12th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $19.00.

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.