Xperi’s (XPER) “Buy” Rating Reiterated at BWS Financial

Xperi (NASDAQ:XPER)‘s stock had its “buy” rating reissued by stock analysts at BWS Financial in a research note issued to investors on Monday,Benzinga reports. They currently have a $12.00 price objective on the semiconductor company’s stock. BWS Financial’s target price indicates a potential upside of 84.76% from the stock’s current price.

Separately, Rosenblatt Securities reiterated a “buy” rating and issued a $10.00 price target on shares of Xperi in a research report on Thursday. Two analysts have rated the stock with a Buy rating, According to MarketBeat, the company has an average rating of “Buy” and a consensus price target of $11.00.

Xperi Stock Down 1.4%

Shares of NASDAQ:XPER traded down $0.10 during trading on Monday, reaching $6.50. 282,516 shares of the company traded hands, compared to its average volume of 390,303. Xperi has a 52 week low of $5.68 and a 52 week high of $11.07. The firm has a market capitalization of $300.46 million, a PE ratio of -3.42 and a beta of 1.29. The company’s 50 day moving average is $6.44 and its two-hundred day moving average is $7.02.

Hedge Funds Weigh In On Xperi

Several institutional investors and hedge funds have recently bought and sold shares of XPER. CWM LLC increased its holdings in shares of Xperi by 485.6% during the 3rd quarter. CWM LLC now owns 7,255 shares of the semiconductor company’s stock valued at $47,000 after purchasing an additional 6,016 shares in the last quarter. New York State Common Retirement Fund boosted its position in shares of Xperi by 140.5% during the first quarter. New York State Common Retirement Fund now owns 8,900 shares of the semiconductor company’s stock worth $69,000 after buying an additional 5,200 shares during the period. Williams & Novak LLC purchased a new position in shares of Xperi in the second quarter valued at approximately $83,000. AlphaQuest LLC grew its stake in Xperi by 51.6% during the 3rd quarter. AlphaQuest LLC now owns 14,185 shares of the semiconductor company’s stock worth $92,000 after purchasing an additional 4,829 shares in the last quarter. Finally, Arkfeld Wealth Strategies L.L.C. acquired a new stake in Xperi in the third quarter valued at approximately $103,000. 94.28% of the stock is owned by hedge funds and other institutional investors.

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.