Silverleafe Capital Partners LLC Makes New $200,000 Investment in Xperi Inc. (NASDAQ:XPER)

Silverleafe Capital Partners LLC bought a new stake in Xperi Inc. (NASDAQ:XPERFree Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 19,495 shares of the semiconductor company’s stock, valued at approximately $200,000.

Other large investors also recently modified their holdings of the company. Clearline Capital LP grew its position in shares of Xperi by 37.9% in the 2nd quarter. Clearline Capital LP now owns 2,359,750 shares of the semiconductor company’s stock valued at $19,374,000 after purchasing an additional 648,207 shares during the period. Millennium Management LLC lifted its stake in Xperi by 703.2% in the second quarter. Millennium Management LLC now owns 592,415 shares of the semiconductor company’s stock valued at $4,864,000 after buying an additional 518,661 shares in the last quarter. Assenagon Asset Management S.A. boosted its holdings in shares of Xperi by 337.0% in the third quarter. Assenagon Asset Management S.A. now owns 590,768 shares of the semiconductor company’s stock valued at $5,459,000 after buying an additional 455,569 shares during the period. Healthcare of Ontario Pension Plan Trust Fund bought a new stake in shares of Xperi during the second quarter worth $2,159,000. Finally, FMR LLC increased its position in shares of Xperi by 180.4% during the third quarter. FMR LLC now owns 363,671 shares of the semiconductor company’s stock worth $3,360,000 after acquiring an additional 233,987 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Xperi Price Performance

XPER stock traded up $0.11 during midday trading on Monday, hitting $10.45. The company’s stock had a trading volume of 128,698 shares, compared to its average volume of 339,359. The company’s fifty day moving average price is $9.54 and its 200 day moving average price is $8.78. Xperi Inc. has a twelve month low of $6.89 and a twelve month high of $12.29. The stock has a market capitalization of $468.47 million, a P/E ratio of -5.50 and a beta of 1.34.

Analysts Set New Price Targets

A number of equities analysts have issued reports on XPER shares. BWS Financial reiterated a “top pick” rating and set a $30.00 target price on shares of Xperi in a report on Thursday, November 7th. StockNews.com lowered Xperi from a “buy” rating to a “hold” rating in a research report on Thursday, September 12th.

View Our Latest Research Report on Xperi

Xperi Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Xperi (NASDAQ:XPER)

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