Xperi (NASDAQ:XPER) Rating Increased to Hold at StockNews.com

Xperi (NASDAQ:XPERGet Free Report) was upgraded by stock analysts at StockNews.com from a “sell” rating to a “hold” rating in a report issued on Monday.

Separately, Rosenblatt Securities restated a “buy” rating and set a $15.00 price objective on shares of Xperi in a report on Tuesday, November 14th.

Read Our Latest Report on Xperi

Xperi Trading Up 0.5 %

NASDAQ XPER traded up $0.05 on Monday, hitting $10.65. 2,129,091 shares of the company were exchanged, compared to its average volume of 253,274. The company’s 50 day moving average price is $9.27 and its 200-day moving average price is $10.99. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.95 and a quick ratio of 2.26. The firm has a market capitalization of $462.96 million and a P/E ratio of -1.10. Xperi has a twelve month low of $7.91 and a twelve month high of $13.62.

Hedge Funds Weigh In On Xperi

Several institutional investors and hedge funds have recently bought and sold shares of XPER. Raymond James & Associates purchased a new position in Xperi during the 1st quarter valued at about $416,000. Bank of New York Mellon Corp grew its stake in Xperi by 1.2% during the 1st quarter. Bank of New York Mellon Corp now owns 1,370,119 shares of the semiconductor company’s stock valued at $23,730,000 after acquiring an additional 15,855 shares in the last quarter. Citigroup Inc. grew its stake in Xperi by 2.6% during the 1st quarter. Citigroup Inc. now owns 108,251 shares of the semiconductor company’s stock valued at $1,875,000 after acquiring an additional 2,695 shares in the last quarter. MetLife Investment Management LLC grew its stake in Xperi by 56.8% during the 1st quarter. MetLife Investment Management LLC now owns 55,141 shares of the semiconductor company’s stock valued at $955,000 after acquiring an additional 19,978 shares in the last quarter. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in Xperi by 14.1% during the 1st quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 90,115 shares of the semiconductor company’s stock valued at $1,561,000 after acquiring an additional 11,111 shares in the last quarter. Hedge funds and other institutional investors own 94.67% of the company’s stock.

About Xperi

(Get Free Report)

Xperi Inc provides software and services in the United States. 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 solutions that supports various services and applications, such as TV programming, broadband OTT video content, digital music, and photos; managed IPTV service; video metadata and services; personalized content discovery, natural language voice, and insights; and TiVo DVR subscriptions.

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