BNP Paribas Financial Markets Buys New Position in Xperi Inc. (NASDAQ:XPER)

BNP Paribas Financial Markets bought a new stake in Xperi Inc. (NASDAQ:XPER) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 5,419 shares of the semiconductor company’s stock, valued at approximately $56,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Invesco Ltd. increased its position in shares of 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 purchasing an additional 1,183 shares during the last quarter. Nebula Research & Development LLC boosted its stake in Xperi by 10.1% in the 4th 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 period. Rhumbline Advisers boosted its stake in Xperi by 3.1% in the 4th 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 during the period. Geode Capital Management LLC boosted its stake in Xperi by 0.3% in the 4th quarter. Geode Capital Management LLC now owns 1,046,813 shares of the semiconductor company’s stock valued at $10,754,000 after purchasing an additional 3,392 shares during the period. Finally, Franklin Resources Inc. boosted its stake in Xperi by 4.9% in the 4th quarter. Franklin Resources Inc. now owns 79,421 shares of the semiconductor company’s stock valued at $816,000 after purchasing an additional 3,738 shares during the period. Institutional investors and hedge funds own 94.28% of the company’s stock.

Xperi Stock Down 1.6%

Shares of XPER stock opened at $7.67 on Tuesday. Xperi Inc. has a twelve month low of $6.29 and a twelve month high of $11.08. The company has a market cap of $348.90 million, a P/E ratio of -4.03 and a beta of 1.29. The business has a fifty day simple moving average of $7.38 and a 200 day simple moving average of $8.54.

Analysts Set New Price Targets

Several research firms recently issued reports on XPER. Wall Street Zen upgraded Xperi from a “hold” rating to a “buy” rating in a research note on Saturday, May 17th. Rosenblatt Securities reiterated a “buy” rating and set a $15.00 target price on shares of Xperi in a research report on Thursday, February 27th. Finally, BWS Financial reiterated a “top pick” rating and set a $30.00 target price on shares of Xperi in a research report on Thursday, May 8th.

Xperi 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.