Public Employees Retirement System of Ohio acquired a new position in Tessera Holding Corporation (NASDAQ:XPER) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 87,590 shares of the semiconductor company’s stock, valued at approximately $2,974,000.

Other institutional investors also recently bought and sold shares of the company. BlackRock Inc. bought a new position in Tessera Holding Corporation during the first quarter worth approximately $199,634,000. Vanguard Group Inc. bought a new position in Tessera Holding Corporation during the first quarter worth approximately $147,356,000. Renaissance Technologies LLC bought a new position in Tessera Holding Corporation during the first quarter worth approximately $83,134,000. Frontier Capital Management Co. LLC bought a new position in Tessera Holding Corporation during the first quarter worth approximately $80,321,000. Finally, Dimensional Fund Advisors LP bought a new position in Tessera Holding Corporation during the first quarter worth approximately $59,862,000. Hedge funds and other institutional investors own 99.75% of the company’s stock.

Tessera Holding Corporation (XPER) opened at 31.50 on Monday. Tessera Holding Corporation has a 1-year low of $28.91 and a 1-year high of $45.95. The company has a market cap of $1.56 billion, a price-to-earnings ratio of 56.25 and a beta of 0.76. The firm’s 50-day moving average price is $31.41 and its 200-day moving average price is $37.12.

Tessera Holding Corporation (NASDAQ:XPER) last released its quarterly earnings results on Wednesday, May 3rd. The semiconductor company reported ($0.16) earnings per share for the quarter, topping the consensus estimate of ($0.21) by $0.05. The firm had revenue of $67.26 million for the quarter. Tessera Holding Corporation had a net margin of 10.11% and a return on equity of 12.62%. Equities research analysts forecast that Tessera Holding Corporation will post $1.76 EPS for the current fiscal year.

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Separately, TheStreet lowered Tessera Holding Corporation from a “b-” rating to a “c” rating in a research note on Monday, May 8th.

In other news, Director Christopher A. Seams sold 4,998 shares of the company’s stock in a transaction on Thursday, April 27th. The shares were sold at an average price of $33.58, for a total value of $167,832.84. Following the transaction, the director now owns 28,532 shares of the company’s stock, valued at $958,104.56. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director George Andrew Riedel sold 2,499 shares of the company’s stock in a transaction on Friday, April 28th. The stock was sold at an average price of $33.51, for a total transaction of $83,741.49. Following the completion of the transaction, the director now directly owns 24,338 shares in the company, valued at approximately $815,566.38. The disclosure for this sale can be found here. In the last ninety days, insiders sold 7,809 shares of company stock worth $261,480. Insiders own 2.40% of the company’s stock.

Tessera Holding Corporation 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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Institutional Ownership by Quarter for Tessera Holding Corporation (NASDAQ:XPER)

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