Xperi Inc. (NASDAQ:XPER) Director David C. Habiger Purchases 5,750 Shares of Stock

Xperi Inc. (NASDAQ:XPER) Director David C. Habiger acquired 5,750 shares of the firm’s stock in a transaction dated Wednesday, August 21st. The shares were acquired at an average price of $8.68 per share, with a total value of $49,910.00. Following the acquisition, the director now owns 68,205 shares in the company, valued at approximately $592,019.40. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Xperi Price Performance

Shares of XPER opened at $8.74 on Friday. The business’s 50-day moving average is $7.87 and its two-hundred day moving average is $9.43. The company has a market capitalization of $400.38 million, a P/E ratio of -3.21 and a beta of 1.56. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.01 and a current ratio of 2.01. Xperi Inc. has a fifty-two week low of $6.89 and a fifty-two week high of $12.29.

Institutional Investors Weigh In On Xperi

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Gladius Capital Management LP grew its position in Xperi by 16.1% during the 4th quarter. Gladius Capital Management LP now owns 9,113 shares of the semiconductor company’s stock worth $100,000 after purchasing an additional 1,267 shares during the period. Mackenzie Financial Corp grew its position in shares of Xperi by 5.9% during the 4th quarter. Mackenzie Financial Corp now owns 35,706 shares of the semiconductor company’s stock valued at $393,000 after acquiring an additional 2,002 shares during the period. Price T Rowe Associates Inc. MD grew its position in shares of Xperi by 3.3% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 62,848 shares of the semiconductor company’s stock valued at $758,000 after acquiring an additional 2,030 shares during the period. Zurcher Kantonalbank Zurich Cantonalbank grew its position in shares of Xperi by 46.8% during the 4th quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 10,235 shares of the semiconductor company’s stock valued at $113,000 after acquiring an additional 3,262 shares during the period. Finally, Harbor Capital Advisors Inc. grew its position in shares of Xperi by 66.9% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 8,523 shares of the semiconductor company’s stock valued at $70,000 after acquiring an additional 3,416 shares during the period. 94.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

XPER has been the subject of a number of research analyst reports. BWS Financial restated a “top pick” rating and issued a $30.00 target price on shares of Xperi in a research note on Thursday. Craig Hallum reduced their target price on Xperi from $15.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, August 6th. Rosenblatt Securities restated a “buy” rating and issued a $15.00 target price on shares of Xperi in a research note on Tuesday, August 6th. Finally, StockNews.com lowered Xperi from a “buy” rating to a “hold” rating in a research note on Friday. One equities research analyst has rated the stock with a hold rating, two have given a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $19.00.

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.