Xperi Corp (NASDAQ:XPER) declared a quarterly dividend on Wednesday, July 24th, NASDAQ reports. Investors of record on Tuesday, August 27th will be paid a dividend of 0.20 per share by the semiconductor company on Tuesday, September 17th. This represents a $0.80 dividend on an annualized basis and a yield of 4.21%. The ex-dividend date is Monday, August 26th.

Shares of Xperi stock opened at $18.98 on Friday. The stock has a 50 day moving average of $20.55 and a 200 day moving average of $22.26. Xperi has a 12 month low of $12.08 and a 12 month high of $25.84. The firm has a market cap of $993.73 million, a PE ratio of 7.54 and a beta of 0.41. The company has a current ratio of 7.58, a quick ratio of 7.58 and a debt-to-equity ratio of 0.69.

In other news, insider Paul E. Davis sold 6,000 shares of the stock in a transaction that occurred on Thursday, July 25th. The stock was sold at an average price of $22.00, for a total value of $132,000.00. Following the sale, the insider now directly owns 103,904 shares in the company, valued at $2,285,888. The sale was disclosed in a document filed with the SEC, which is available at this link. Corporate insiders own 1.80% of the company’s stock.

Several equities research analysts have recently issued reports on the company. BidaskClub lowered Xperi from a “sell” rating to a “strong sell” rating in a research note on Wednesday, August 7th. Zacks Investment Research lowered Xperi from a “strong-buy” rating to a “hold” rating in a research note on Sunday, July 14th. Royal Bank of Canada reaffirmed an “outperform” rating and issued a $30.00 price objective on shares of Xperi in a research note on Monday, May 13th. National Securities reaffirmed a “buy” rating and issued a $36.00 price objective on shares of Xperi in a research note on Thursday, May 9th. Finally, ValuEngine lowered Xperi from a “sell” rating to a “strong sell” rating in a research note on Thursday, August 1st. Two research analysts have rated the stock with a sell rating, one has assigned a hold rating and four have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $31.00.

Xperi Company Profile

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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Dividend History for Xperi (NASDAQ:XPER)

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