Waterfront Wealth Inc. Sells 61,211 Shares of Xperi Inc. (NASDAQ:XPER)

Waterfront Wealth Inc. lessened its holdings in shares of Xperi Inc. (NASDAQ:XPER) by 17.1% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 296,924 shares of the semiconductor company’s stock after selling 61,211 shares during the quarter. Waterfront Wealth Inc.’s holdings in Xperi were worth $3,049,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Harbor Capital Advisors Inc. increased its stake in Xperi by 13.4% during the 4th quarter. Harbor Capital Advisors Inc. now owns 10,098 shares of the semiconductor company’s stock valued at $104,000 after purchasing an additional 1,197 shares in the last quarter. Intech Investment Management LLC purchased a new position in Xperi during the 3rd quarter worth $121,000. West Tower Group LLC boosted its holdings in Xperi by 91.3% during the 3rd quarter. West Tower Group LLC now owns 13,268 shares of the semiconductor company’s stock worth $123,000 after acquiring an additional 6,331 shares during the last quarter. XTX Topco Ltd purchased a new position in Xperi during the 3rd quarter worth $153,000. Finally, SG Americas Securities LLC purchased a new position in Xperi during the 3rd quarter worth $154,000. Institutional investors own 94.28% of the company’s stock.

Xperi Price Performance

Shares of NASDAQ:XPER opened at $8.97 on Friday. The company’s 50-day moving average is $9.58 and its 200 day moving average is $9.07. Xperi Inc. has a fifty-two week low of $6.89 and a fifty-two week high of $12.29.

Wall Street Analyst Weigh In

Separately, BWS Financial reaffirmed a “top pick” rating and set a $30.00 price objective on shares of Xperi in a report on Thursday, November 7th.

Xperi 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.