Xperi (NASDAQ:XPER) was upgraded by stock analysts at BidaskClub from a “sell” rating to a “hold” rating in a research report issued to clients and investors on Friday.
XPER has been the topic of a number of other reports. Benchmark restated a “buy” rating and issued a $40.00 price target (down from $53.00) on shares of Xperi in a research report on Wednesday, February 14th. ValuEngine downgraded shares of Xperi from a “buy” rating to a “hold” rating in a research report on Friday, February 2nd. Finally, Royal Bank of Canada began coverage on shares of Xperi in a research report on Monday, March 5th. They issued an “outperform” rating and a $27.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus price target of $33.50.
Xperi (NASDAQ XPER) opened at $23.90 on Friday. The company has a debt-to-equity ratio of 1.25, a current ratio of 2.54 and a quick ratio of 2.54. Xperi has a 52-week low of $16.70 and a 52-week high of $38.60. The stock has a market cap of $1,178.10, a PE ratio of 20.60 and a beta of 0.57.
Large investors have recently modified their holdings of the stock. Evermore Global Advisors LLC lifted its position in Xperi by 35.9% in the 4th quarter. Evermore Global Advisors LLC now owns 845,285 shares of the semiconductor company’s stock valued at $20,625,000 after purchasing an additional 223,295 shares during the last quarter. Virtu Financial LLC bought a new stake in Xperi in the 4th quarter valued at about $544,000. Mutual of America Capital Management LLC lifted its position in Xperi by 51.3% in the 4th quarter. Mutual of America Capital Management LLC now owns 320,481 shares of the semiconductor company’s stock valued at $7,820,000 after purchasing an additional 108,622 shares during the last quarter. Crossmark Global Holdings Inc. bought a new stake in Xperi in the 3rd quarter valued at about $367,000. Finally, DAVENPORT & Co LLC bought a new stake in Xperi in the 4th quarter valued at about $1,377,000.
Xperi Company Profile
Tessera Holding Corporation is a product and technology licensing company. The Company’s technologies and intellectual property are deployed, in areas, such as audio, computational imaging, computer vision, mobile computing and communications, memory, data storage, three dimensional (3D) semiconductor interconnect and packaging.
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