KD Logo

Rosenblatt analysts initates a Buy rating for Xperi Inc (XPER)

Xperi Inc’s filing revealed that its CEO & President KIRCHNER JON acquired Company’s shares for reported $43242.0 on Sep 11 ’24. In the deal valued at $8.65 per share,5,000 shares were bought. As a result of this transaction, KIRCHNER JON now holds 523,692 shares worth roughly $4.72 million.

Then, Andersen Robert J bought 1,700 shares, generating $14,875 in total proceeds. Upon buying the shares at $8.75, the Chief Financial Officer now owns 254,098 shares.

Before that, Marquez Rebecca bought 1,150 shares. Xperi Inc shares valued at $9,913 were divested by the CLO and Secretary at a price of $8.62 per share. As a result of the transaction, Marquez Rebecca now holds 156,131 shares, worth roughly $1.41 million.

Rosenblatt initiated its Xperi Inc [XPER] rating to a Buy in a research note published on June 13, 2023; the price target was $15. A number of analysts have revised their coverage, including Maxim Group’s analysts, who began to cover the stock in mid October with a ‘”a Buy”‘ rating. BWS Financial began covering XPER with “Top pick” recommendation on October 06, 2022. Stephens started covering the stock on August 02, 2022. It rated XPER as “an Equal-weight”.

Price Performance Review of XPER

On Tuesday, Xperi Inc [NYSE:XPER] saw its stock jump 1.92% to $9.01. Over the last five days, the stock has gained 3.21%. Xperi Inc shares have fallen nearly -18.24% since the year began. Nevertheless, the stocks have risen 3.44% over the past one year. While a 52-week high of $12.29 was reached on 02/29/24, a 52-week low of $6.89 was recorded on 08/05/24. SMA at 50 days reached $8.49, while 200 days put it at $9.50.

Levels Of Support And Resistance For XPER Stock

The 24-hour chart illustrates a support level at 8.79, which if violated will result in even more drops to 8.58. On the upside, there is a resistance level at 9.29. A further resistance level may holdings at 9.58. The Relative Strength Index (RSI) on the 14-day chart is 56.85, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.02, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.65%. Stochastics %K at 50.55% indicates the stock is a holding.

How much short interest is there in Xperi Inc?

A steep rise in short interest was recorded in Xperi Inc stocks on 2024-09-30, dropping by -0.31 million shares to a total of 1.54 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-30 was 1.85 million shares. There was a decline of -20.45%, which implies that there is a negative sentiment for the stock.

The most recent change occurred on August 19, 2021 when Maxim Group began covering the stock and recommended ‘”a Buy”‘ rating along with a $31 price target.

Most Popular