Silverleafe Capital Partners LLC Buys New Shares in Xperi Inc. (NASDAQ:XPER)

Silverleafe Capital Partners LLC purchased a new position in shares of Xperi Inc. (NASDAQ:XPER) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 19,495 shares of the semiconductor company’s stock, valued at approximately $200,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Quest Partners LLC acquired a new position in shares of Xperi during the 2nd quarter worth about $141,000. Monaco Asset Management SAM bought a new stake in Xperi in the second quarter valued at approximately $859,000. American Century Companies Inc. lifted its position in shares of Xperi by 13.7% in the second quarter. American Century Companies Inc. now owns 75,971 shares of the semiconductor company’s stock valued at $624,000 after buying an additional 9,139 shares during the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Xperi by 4.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 1,421,844 shares of the semiconductor company’s stock worth $11,673,000 after acquiring an additional 56,166 shares during the period. Finally, Renaissance Technologies LLC increased its holdings in shares of Xperi by 15.2% during the 2nd quarter. Renaissance Technologies LLC now owns 779,573 shares of the semiconductor company’s stock worth $6,400,000 after acquiring an additional 103,060 shares during the last quarter. 94.28% of the stock is owned by institutional investors.

Xperi Stock Performance

NASDAQ:XPER traded up $0.11 during mid-day trading on Monday, hitting $10.45. 128,698 shares of the stock were exchanged, compared to its average volume of 339,359. The firm’s 50-day simple moving average is $9.54 and its 200 day simple moving average is $8.78. Xperi Inc. has a fifty-two week low of $6.89 and a fifty-two week high of $12.29. The stock has a market capitalization of $468.47 million, a price-to-earnings ratio of -5.50 and a beta of 1.34.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on the stock. BWS Financial reaffirmed a “top pick” rating and set a $30.00 price objective on shares of Xperi in a research report on Thursday, November 7th. StockNews.com downgraded shares of Xperi from a “buy” rating to a “hold” rating in a report on Thursday, September 12th.

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.