Thompson Siegel & Walmsley LLC Increases Position in Xperi Inc. (NASDAQ:XPER)

Thompson Siegel & Walmsley LLC lifted its position in shares of Xperi Inc. (NASDAQ:XPER) by 379.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 152,876 shares of the semiconductor company’s stock after purchasing an additional 120,962 shares during the period. Thompson Siegel & Walmsley LLC’s holdings in Xperi were worth $1,413,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of XPER. Rubric Capital Management LP boosted its position in shares of Xperi by 2.5% during the 2nd quarter. Rubric Capital Management LP now owns 4,143,744 shares of the semiconductor company’s stock worth $34,020,000 after acquiring an additional 100,000 shares in the last quarter. Clearline Capital LP boosted its holdings in Xperi by 37.9% in the second 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 in the last quarter. Dimensional Fund Advisors LP increased its stake in Xperi by 4.1% in the second quarter. Dimensional Fund Advisors LP now owns 1,421,844 shares of the semiconductor company’s stock valued at $11,673,000 after purchasing an additional 56,166 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Xperi by 15.2% during the second quarter. Renaissance Technologies LLC now owns 779,573 shares of the semiconductor company’s stock worth $6,400,000 after purchasing an additional 103,060 shares in the last quarter. Finally, Jacobs Levy Equity Management Inc. lifted its position in shares of Xperi by 55.4% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 756,438 shares of the semiconductor company’s stock worth $9,123,000 after buying an additional 269,604 shares during the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Insider Buying and Selling at Xperi

In other news, CEO Jon Kirchner acquired 5,000 shares of the business’s stock in a transaction on Wednesday, September 11th. The stock was bought at an average price of $8.65 per share, for a total transaction of $43,250.00. Following the transaction, the chief executive officer now owns 523,692 shares in the company, valued at $4,529,935.80. This represents a 0.96 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the SEC, which is accessible through the SEC website. Company insiders own 1.70% of the company’s stock.

Xperi Price Performance

NASDAQ XPER opened at $8.71 on Friday. Xperi Inc. has a 52-week low of $6.89 and a 52-week high of $12.29. The business’s 50-day moving average price is $8.96 and its 200 day moving average price is $8.58.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on XPER shares. Craig Hallum dropped their target price on shares of Xperi from $15.00 to $12.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th. StockNews.com downgraded Xperi from a “buy” rating to a “hold” rating in a report on Thursday, September 12th. Rosenblatt Securities restated a “buy” rating and set a $15.00 price target on shares of Xperi in a research note on Tuesday, August 6th. Finally, BWS Financial reiterated a “top pick” rating and issued a $30.00 price objective on shares of Xperi in a research note on Thursday, November 7th. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $19.00.

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.