A number of other analysts have also commented on the company. ValuEngine lowered Xperi from a sell rating to a strong sell rating in a research note on Thursday, August 1st. Zacks Investment Research lowered Xperi from a strong-buy rating to a hold rating in a research note on Saturday, October 12th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and four have given a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus target price of $30.60.
Shares of XPER stock opened at $21.46 on Wednesday. The stock has a fifty day moving average of $20.57 and a 200 day moving average of $20.97. Xperi has a 52 week low of $12.61 and a 52 week high of $25.84. The firm has a market capitalization of $1.05 billion, a price-to-earnings ratio of 8.65 and a beta of 0.34. The company has a quick ratio of 7.58, a current ratio of 7.58 and a debt-to-equity ratio of 0.69.
A number of hedge funds have recently made changes to their positions in XPER. Campbell & CO Investment Adviser LLC purchased a new stake in Xperi in the second quarter worth $2,241,000. New York State Teachers Retirement System lifted its position in Xperi by 16.0% during the second quarter. New York State Teachers Retirement System now owns 50,666 shares of the semiconductor company’s stock valued at $1,043,000 after buying an additional 7,000 shares during the period. Bessemer Group Inc. purchased a new position in Xperi during the second quarter valued at $2,463,000. Robeco Institutional Asset Management B.V. lifted its position in Xperi by 99.1% during the second quarter. Robeco Institutional Asset Management B.V. now owns 202,507 shares of the semiconductor company’s stock valued at $4,169,000 after buying an additional 100,797 shares during the period. Finally, Inlet Private Wealth LLC lifted its position in Xperi by 12.0% during the second quarter. Inlet Private Wealth LLC now owns 207,900 shares of the semiconductor company’s stock valued at $4,351,000 after buying an additional 22,300 shares during the period. 96.73% of the stock is owned by institutional investors.
Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, Europe, the Middle East, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.
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