TSP Capital Management Group LLC grew its position in Xperi Inc. (NYSE:XPER – Free Report) by 29.2% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 1,135,706 shares of the company’s stock after purchasing an additional 256,630 shares during the period. Xperi comprises about 1.6% of TSP Capital Management Group LLC’s portfolio, making the stock its 25th largest holding. TSP Capital Management Group LLC’s holdings in Xperi were worth $6,258,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other large investors also recently made changes to their positions in XPER. Envestnet Asset Management Inc. boosted its holdings in Xperi by 16.8% during the second quarter. Envestnet Asset Management Inc. now owns 13,542 shares of the company’s stock worth $111,000 after purchasing an additional 1,948 shares during the last quarter. Integrated Wealth Concepts LLC bought a new stake in Xperi in the 2nd quarter worth about $30,000. Tactive Advisors LLC grew its position in Xperi by 59.3% in the 1st quarter. Tactive Advisors LLC now owns 16,270 shares of the company’s stock worth $91,000 after purchasing an additional 6,055 shares in the last quarter. Jones Financial Companies Lllp increased its stake in Xperi by 26.7% in the 2nd quarter. Jones Financial Companies Lllp now owns 32,040 shares of the company’s stock valued at $259,000 after buying an additional 6,756 shares during the last quarter. Finally, Sei Investments Co. purchased a new stake in Xperi in the 1st quarter valued at about $58,000. 94.28% of the stock is owned by institutional investors.
Xperi Trading Down 0.7%
NYSE XPER opened at $5.00 on Friday. The stock has a market capitalization of $244.09 million, a price-to-earnings ratio of -7.15 and a beta of 1.40. Xperi Inc. has a one year low of $4.94 and a one year high of $8.75. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.48 and a quick ratio of 2.48. The business’s fifty day moving average is $5.81 and its 200-day moving average is $6.81.
Xperi (NYSE:XPER – Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.21 by $0.07. The company had revenue of $114.49 million for the quarter, compared to the consensus estimate of $112.66 million. Xperi had a negative net margin of 7.12% and a positive return on equity of 4.04%. Equities research analysts predict that Xperi Inc. will post 0.53 EPS for the current year.
Wall Street Analyst Weigh In
XPER has been the topic of several recent analyst reports. BWS Financial reissued a “buy” rating and set a $12.00 target price on shares of Xperi in a research report on Friday, August 7th. Wall Street Zen lowered Xperi from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 25th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $10.00 target price on shares of Xperi in a report on Thursday, August 6th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Xperi in a research report on Wednesday, August 26th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Xperi presently has a consensus rating of “Hold” and a consensus price target of $11.00.
View Our Latest Stock Analysis on XPER
Xperi Company Profile
Xperi Inc develops and licenses technologies that improve how consumers discover, access and experience entertainment. The company serves the connected television, automotive, consumer electronics and media industries through a portfolio of products and services focused on entertainment software, audio, broadcast technology and content discovery.
Xperi’s brands include TiVo, which provides connected television platforms, entertainment guides, discovery tools and advertising solutions; DTS, which develops audio and imaging technologies for home theaters, vehicles, televisions and other devices; and HD Radio, a digital radio technology used by broadcasters and automakers.
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