Xperi’s (XPER) “Top Pick” Rating Reaffirmed at BWS Financial

Xperi (NASDAQ:XPER)‘s stock had its “top pick” rating reissued by BWS Financial in a report released on Thursday,Benzinga reports. They presently have a $30.00 price objective on the semiconductor company’s stock. BWS Financial’s target price would suggest a potential upside of 257.57% from the company’s current price.

Separately, Rosenblatt Securities reiterated a “buy” rating and issued a $15.00 price objective on shares of Xperi in a research report on Thursday.

Xperi Stock Down 2.0 %

XPER traded down $0.17 during trading on Thursday, hitting $8.39. The company’s stock had a trading volume of 267,956 shares, compared to its average volume of 302,770. The firm’s 50 day moving average price is $9.43 and its two-hundred day moving average price is $9.13. Xperi has a 12 month low of $6.89 and a 12 month high of $12.29. The stock has a market capitalization of $376.12 million, a price-to-earnings ratio of -4.41 and a beta of 1.31.

Institutional Investors Weigh In On Xperi

Institutional investors and hedge funds have recently made changes to their positions in the company. Virtus Fund Advisers LLC bought a new stake in shares of Xperi during the fourth quarter worth $43,000. BNP Paribas Financial Markets bought a new stake in shares of Xperi during the fourth quarter worth $56,000. Harbor Capital Advisors Inc. grew its stake in shares of Xperi by 13.4% during the fourth quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock worth $104,000 after purchasing an additional 1,197 shares during the period. LPL Financial LLC acquired a new stake in shares of Xperi during the fourth quarter worth $115,000. Finally, Intech Investment Management LLC acquired a new stake in shares of Xperi during the third quarter worth $121,000. Institutional investors own 94.28% of the company’s stock.

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.