Segall Bryant & Hamill LLC Buys Shares of 340,955 Xperi Inc. (NASDAQ:XPER)

Segall Bryant & Hamill LLC purchased a new position in shares of Xperi Inc. (NASDAQ:XPER) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 340,955 shares of the semiconductor company’s stock, valued at approximately $3,502,000.

Other institutional investors have also recently made changes to their positions in the company. Harbor Capital Advisors Inc. grew its position in Xperi by 13.4% in the fourth quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock worth $104,000 after acquiring an additional 1,197 shares during the period. LPL Financial LLC acquired a new stake in shares of Xperi during the 4th quarter worth about $115,000. Intech Investment Management LLC purchased a new stake in Xperi in the 3rd quarter valued at about $121,000. XTX Topco Ltd acquired a new position in Xperi in the third quarter valued at about $153,000. Finally, Silverleafe Capital Partners LLC purchased a new position in Xperi during the fourth quarter worth about $200,000. Hedge funds and other institutional investors own 94.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. StockNews.com raised shares of Xperi from a “hold” rating to a “buy” rating in a research note on Thursday. Rosenblatt Securities reissued a “buy” rating and issued a $15.00 target price on shares of Xperi in a research report on Thursday, February 27th. Finally, BWS Financial restated a “top pick” rating and set a $30.00 price target on shares of Xperi in a research report on Thursday, February 27th.

Xperi Stock Performance

Shares of XPER opened at $8.20 on Friday. The company’s 50-day simple moving average is $8.61 and its 200-day simple moving average is $9.08. Xperi Inc. has a 1 year low of $6.89 and a 1 year high of $12.13. The stock has a market capitalization of $373.02 million, a PE ratio of -4.31 and a beta of 1.32.

Xperi Company 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.