Charles Schwab Investment Management Inc. Has $4.62 Million Stock Holdings in Xperi Inc. (NASDAQ:XPER)

Charles Schwab Investment Management Inc. decreased its position in Xperi Inc. (NASDAQ:XPER) by 8.7% during the 4th quarter, according to the company in its most recent filing with the SEC. The fund owned 449,441 shares of the semiconductor company’s stock after selling 42,725 shares during the quarter. Charles Schwab Investment Management Inc. owned 1.00% of Xperi worth $4,616,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in XPER. Harbor Capital Advisors Inc. increased its position in Xperi by 13.4% in the 4th quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock valued at $104,000 after acquiring an additional 1,197 shares in the last quarter. Rhumbline Advisers grew its stake in shares of Xperi by 3.1% during the fourth quarter. Rhumbline Advisers now owns 73,905 shares of the semiconductor company’s stock valued at $759,000 after purchasing an additional 2,253 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of Xperi by 24.4% in the fourth quarter. SG Americas Securities LLC now owns 20,777 shares of the semiconductor company’s stock valued at $213,000 after purchasing an additional 4,071 shares in the last quarter. Jacobs Levy Equity Management Inc. raised its position in Xperi by 0.6% in the 3rd quarter. Jacobs Levy Equity Management Inc. now owns 802,736 shares of the semiconductor company’s stock worth $7,417,000 after purchasing an additional 5,047 shares during the last quarter. Finally, West Tower Group LLC lifted its holdings in Xperi by 91.3% during the 3rd quarter. West Tower Group LLC now owns 13,268 shares of the semiconductor company’s stock worth $123,000 after buying an additional 6,331 shares in the last quarter. Institutional investors and hedge funds own 94.28% of the company’s stock.

Xperi Stock Up 1.6 %

XPER stock opened at $8.19 on Wednesday. Xperi Inc. has a twelve month low of $6.89 and a twelve month high of $12.13. The company has a market cap of $372.79 million, a P/E ratio of -4.31 and a beta of 1.32. The business’s fifty day moving average is $8.65 and its 200-day moving average is $9.09.

Wall Street Analysts Forecast Growth

A number of research firms have recently weighed in on XPER. BWS Financial restated a “top pick” rating and set a $30.00 target price on shares of Xperi in a research report on Thursday, February 27th. StockNews.com cut Xperi from a “buy” rating to a “hold” rating in a report on Wednesday, March 19th. Finally, Rosenblatt Securities restated a “buy” rating and set a $15.00 target price on shares of Xperi in a research report on Thursday, February 27th.

Xperi 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.