Ewa LLC Takes $128,000 Position in Xperi Inc. (NASDAQ:XPER)

Ewa LLC bought a new stake in Xperi Inc. (NASDAQ:XPER) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 11,986 shares of the semiconductor company’s stock, valued at approximately $128,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mariner LLC lifted its holdings in Xperi by 1.6% during the third quarter. Mariner LLC now owns 81,411 shares of the semiconductor company’s stock worth $803,000 after acquiring an additional 1,252 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. lifted its holdings in Xperi by 1.5% during the third quarter. Connor Clark & Lunn Investment Management Ltd. now owns 107,796 shares of the semiconductor company’s stock worth $1,063,000 after acquiring an additional 1,572 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in Xperi by 5.9% during the fourth quarter. Mackenzie Financial Corp now owns 35,706 shares of the semiconductor company’s stock worth $393,000 after acquiring an additional 2,002 shares in the last quarter. Swiss National Bank lifted its holdings in Xperi by 3.0% during the third quarter. Swiss National Bank now owns 93,398 shares of the semiconductor company’s stock worth $921,000 after acquiring an additional 2,700 shares in the last quarter. Finally, Deutsche Bank AG lifted its holdings in Xperi by 5.0% during the third quarter. Deutsche Bank AG now owns 62,499 shares of the semiconductor company’s stock worth $616,000 after acquiring an additional 2,986 shares in the last quarter. 94.28% of the stock is currently owned by institutional investors.

Xperi Stock Up 7.3 %

XPER traded up $0.73 on Monday, hitting $10.68. 371,060 shares of the company were exchanged, compared to its average volume of 408,435. Xperi Inc. has a 12 month low of $7.91 and a 12 month high of $13.62. The company has a market cap of $480.92 million, a PE ratio of -3.33 and a beta of 1.76. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.92 and a current ratio of 1.92. The stock’s fifty day moving average is $10.81 and its 200-day moving average is $10.41.

Xperi (NASDAQ:XPER) last released its earnings results on Wednesday, February 28th. The semiconductor company reported ($0.23) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.39) by $0.16. Xperi had a negative return on equity of 7.37% and a negative net margin of 26.20%. The business had revenue of $137.23 million for the quarter, compared to analyst estimates of $138.90 million. Equities research analysts predict that Xperi Inc. will post -1.19 EPS for the current fiscal year.

Analysts Set New Price Targets

XPER has been the subject of several recent research reports. Rosenblatt Securities reaffirmed a “buy” rating and set a $15.00 price objective on shares of Xperi in a research report on Friday, March 1st. StockNews.com raised Xperi from a “hold” rating to a “buy” rating in a research report on Sunday, April 14th.

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.