BWS Financial Reiterates Top Pick Rating for Xperi (NASDAQ:XPER)

Xperi (NASDAQ:XPER)‘s stock had its “top pick” rating reiterated by research analysts at BWS Financial in a research report issued on Thursday,Benzinga reports. They presently have a $30.00 price target on the semiconductor company’s stock. BWS Financial’s price target would indicate a potential upside of 255.24% from the company’s current price.

Separately, Rosenblatt Securities reaffirmed a “buy” rating and issued a $15.00 price target on shares of Xperi in a research note on Thursday.

Xperi Trading Up 1.9 %

Shares of NASDAQ:XPER opened at $8.45 on Thursday. The company has a 50 day moving average of $9.35 and a 200-day moving average of $9.13. The firm has a market cap of $378.59 million, a P/E ratio of -4.44 and a beta of 1.31. Xperi has a twelve month low of $6.89 and a twelve month high of $12.29.

Institutional Trading of Xperi

Hedge funds and other institutional investors have recently made changes to their positions in the business. Virtus Fund Advisers LLC bought a new stake in shares of Xperi in the 4th quarter worth approximately $43,000. BNP Paribas Financial Markets bought a new stake in shares of Xperi in the 4th quarter worth approximately $56,000. Harbor Capital Advisors Inc. raised its holdings in shares of Xperi by 13.4% in the 4th 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 in the last quarter. LPL Financial LLC acquired a new stake in shares of Xperi during the fourth quarter valued at approximately $115,000. Finally, Corton Capital Inc. acquired a new stake in shares of Xperi during the fourth quarter valued at approximately $127,000. 94.28% of the stock is currently owned by institutional investors.

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.