American Century Companies Inc. Buys 8,263 Shares of Xperi Inc. (NASDAQ:XPER)

American Century Companies Inc. lifted its stake in Xperi Inc. (NASDAQ:XPER) by 9.3% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 96,651 shares of the semiconductor company’s stock after buying an additional 8,263 shares during the quarter. American Century Companies Inc. owned about 0.22% of Xperi worth $993,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in XPER. Harbor Capital Advisors Inc. lifted its holdings in Xperi by 13.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock valued at $104,000 after purchasing an additional 1,197 shares in the last quarter. XTX Topco Ltd purchased a new position in shares of Xperi during the 3rd quarter valued at $153,000. Silverleafe Capital Partners LLC purchased a new position in shares of Xperi during the 4th quarter valued at $200,000. SG Americas Securities LLC boosted its holdings in Xperi by 24.4% in the 4th quarter. SG Americas Securities LLC now owns 20,777 shares of the semiconductor company’s stock worth $213,000 after buying an additional 4,071 shares during the period. Finally, Barclays PLC increased its stake in Xperi by 197.0% in the 3rd quarter. Barclays PLC now owns 69,991 shares of the semiconductor company’s stock worth $646,000 after buying an additional 46,426 shares in the last quarter. 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 a number of recent analyst reports. BWS Financial reaffirmed a “top pick” rating and issued a $30.00 price objective on shares of Xperi in a research note on Thursday, February 27th. StockNews.com upgraded Xperi from a “hold” rating to a “buy” rating in a research note on Thursday, March 27th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $15.00 price objective on shares of Xperi in a report on Thursday, February 27th.

Xperi Trading Down 6.5 %

Shares of XPER stock opened at $6.55 on Friday. The stock has a market capitalization of $297.92 million, a price-to-earnings ratio of -3.44 and a beta of 1.29. Xperi Inc. has a 12-month low of $6.32 and a 12-month high of $11.39. The stock’s 50-day moving average price is $8.16 and its 200-day moving average price is $8.94.

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.