Xperi (NASDAQ:XPER) Upgraded at StockNews.com

Xperi (NASDAQ:XPER) was upgraded by equities research analysts at StockNews.com from a “hold” rating to a “buy” rating in a report released on Thursday.

XPER has been the topic of a number of other reports. BWS Financial reiterated a “top pick” rating and issued a $30.00 target price on shares of Xperi in a report on Thursday, February 27th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $15.00 price objective on shares of Xperi in a research note on Thursday, February 27th.

Xperi Stock Performance

Shares of NASDAQ:XPER opened at $8.07 on Thursday. Xperi has a 52-week low of $6.89 and a 52-week high of $12.13. The business’s 50 day simple moving average is $8.63 and its two-hundred day simple moving average is $9.09. The firm has a market cap of $367.15 million, a P/E ratio of -4.25 and a beta of 1.32.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Xperi by 4.6% during the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,742 shares of the semiconductor company’s stock worth $264,000 after buying an additional 1,140 shares in the last quarter. Invesco Ltd. boosted its holdings in Xperi by 1.4% during the 4th quarter. Invesco Ltd. now owns 87,467 shares of the semiconductor company’s stock worth $898,000 after acquiring an additional 1,183 shares during the last quarter. Harbor Capital Advisors Inc. grew its stake in shares of Xperi by 13.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock worth $104,000 after acquiring an additional 1,197 shares in the last quarter. Nebula Research & Development LLC raised its holdings in shares of Xperi by 10.1% in the fourth quarter. Nebula Research & Development LLC now owns 22,972 shares of the semiconductor company’s stock valued at $236,000 after purchasing an additional 2,104 shares during the last quarter. Finally, Rhumbline Advisers lifted its position in shares of Xperi by 3.1% during the fourth quarter. Rhumbline Advisers now owns 73,905 shares of the semiconductor company’s stock valued at $759,000 after purchasing an additional 2,253 shares in the last quarter. Institutional investors own 94.28% of the company’s stock.

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.