BidaskClub upgraded shares of Xperi (NASDAQ:XPER) from a sell rating to a hold rating in a research note published on Wednesday morning, BidAskClub reports.

Several other brokerages also recently commented on XPER. Zacks Investment Research downgraded shares of Xperi from a strong-buy rating to a hold rating in a research report on Saturday, October 12th. ValuEngine downgraded shares of Xperi from a sell rating to a strong sell rating in a research report on Thursday, August 1st. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have given a buy rating to the company. Xperi has a consensus rating of Hold and an average target price of $30.60.

NASDAQ XPER traded up $0.12 during trading on Wednesday, hitting $21.46. The company had a trading volume of 291,300 shares, compared to its average volume of 407,309. Xperi has a one year low of $12.61 and a one year high of $25.84. The company’s fifty day moving average is $20.57 and its 200-day moving average is $20.97. The company has a market cap of $1.05 billion, a price-to-earnings ratio of 8.65 and a beta of 0.34. The company has a current ratio of 7.58, a quick ratio of 7.58 and a debt-to-equity ratio of 0.69.

A number of institutional investors and hedge funds have recently bought and sold shares of XPER. Campbell & CO Investment Adviser LLC bought a new position in Xperi during the 2nd quarter valued at about $2,241,000. New York State Teachers Retirement System lifted its stake in Xperi by 16.0% during the 2nd quarter. New York State Teachers Retirement System now owns 50,666 shares of the semiconductor company’s stock valued at $1,043,000 after acquiring an additional 7,000 shares during the period. Bessemer Group Inc. bought a new position in Xperi during the 2nd quarter valued at about $2,463,000. Robeco Institutional Asset Management B.V. lifted its stake in Xperi by 99.1% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 202,507 shares of the semiconductor company’s stock valued at $4,169,000 after acquiring an additional 100,797 shares during the period. Finally, Inlet Private Wealth LLC lifted its stake in Xperi by 12.0% during the 2nd quarter. Inlet Private Wealth LLC now owns 207,900 shares of the semiconductor company’s stock valued at $4,351,000 after acquiring an additional 22,300 shares during the period. Institutional investors and hedge funds own 96.73% of the company’s stock.

About Xperi

Xperi Corporation, through its subsidiaries, creates, develops, and licenses audio, imaging, semiconductor packaging, and interconnect technologies in the United States, South Korea, Taiwan, Japan, Europe, the Middle East, and internationally. The company operates in two segments, Product Licensing; and Semiconductor and IP Licensing.

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