Xperi (NASDAQ:XPER) Given Top Pick Rating at BWS Financial

BWS Financial reiterated their top pick rating on shares of Xperi (NASDAQ:XPER) in a research report sent to investors on Thursday,Benzinga reports. BWS Financial currently has a $30.00 price target on the semiconductor company’s stock.

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

Xperi Trading Down 3.0 %

Shares of XPER opened at $8.31 on Thursday. The business’s 50 day moving average is $9.39 and its 200 day moving average is $9.12. The company has a market capitalization of $372.31 million, a PE ratio of -4.37 and a beta of 1.31. Xperi has a 12-month low of $6.89 and a 12-month high of $12.29.

Institutional Trading of Xperi

A number of large investors have recently added to or reduced their stakes in XPER. Virtus Fund Advisers LLC bought a new stake in Xperi in the 4th quarter worth approximately $43,000. BNP Paribas Financial Markets bought a new stake in Xperi in the 4th quarter worth approximately $56,000. Harbor Capital Advisors Inc. increased its stake in 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 acquiring an additional 1,197 shares during the last quarter. LPL Financial LLC bought a new stake in Xperi in the 4th quarter worth approximately $115,000. Finally, Intech Investment Management LLC bought a new stake in Xperi in the 3rd quarter worth approximately $121,000. Institutional investors own 94.28% of the company’s stock.

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.