Xperi is a leading consumer and entertainment technology company. The Company believes it creates extraordinary experiences at home and on the go for millions of consumers around the world, elevating content and how audiences connect with it in a way that is more intelligent, immersive and personal. Powering smart devices, connected cars, entertainment experiences and more, the Company has created a unified ecosystem that reaches highly engaged consumers, uncovering significant new business opportunities, now and in the future. The Company’s technologies are integrated into consumer devices and media platforms worldwide, driving increased value for partners, customers and consumers. The Company currently operates in one reportable business segment and groups its business into four categories based on the markets served: Pay-TV, Consumer Electronics, Connected Car and Media Platform.
Company profile
Ticker
XPER
Exchange
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Microsoft • Oracle • Mobileye Global Inc - Ordinary Shares • Activision Blizzard • Gen Digital • Vmware • Adobe • Salesforce • BlackBerry • Dayforce ...
Former names
TiVo Product HoldCo LLC, Xperi, Inc.
SEC CIK
Corporate docs
Subsidiaries
DLLNI Limited • DTS, Inc. • DTS International Services GmbH • DTS Licensing Limited • FotoNationRomania S.R.L. • Gemstar Development LLC • Gemstar-TVGuide Interactive, LLC • iBiquityDigital Corporation • Perceive Corporation • Rovi Data Solutions LLC ...
IRS number
834470363
Latest filings (excl ownership)
DFAN14A
Additional proxy materials by non-management
17 Apr 24
DEFC14A
Proxy in contested solicitation
17 Apr 24
DEFA14A
Additional proxy soliciting materials
17 Apr 24
DEFC14A
Proxy in contested solicitation
17 Apr 24
ARS
2023 FY
Annual report to shareholders
17 Apr 24
PRER14A
Preliminary revised proxy
16 Apr 24
PRER14A
Preliminary revised proxy
10 Apr 24
8-K
Changes in Registrant's Certifying Accountant
8 Apr 24
PRRN14A
Revised preliminary proxy statement filed by non-management
2 Apr 24
PRRN14A
Revised preliminary proxy statement filed by non-management
26 Mar 24
Latest ownership filings
SC 13G/A
MORGAN STANLEY
7 Mar 24
4
JON KIRCHNER
5 Mar 24
4
Robert J Andersen
5 Mar 24
4
Rebecca Marquez
5 Mar 24
4
Geir Skaaden
5 Mar 24
4
MATTHEW MILNE
5 Mar 24
SC 13D/A
Rubric Capital Management LP
21 Feb 24
SC 13D/A
Rubric Capital Management LP
14 Feb 24
SC 13G/A
AMERIPRISE FINANCIAL INC
14 Feb 24
SC 13G/A
VANGUARD GROUP INC
13 Feb 24
Financial summary
Quarter (USD) | Sep 23 | Jun 23 | Mar 23 | Dec 22 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
Net profit margin | |||||
Cash on hand | |||||
Change in cash | |||||
Diluted EPS |
Annual (USD) | Dec 22 | |
---|---|---|
Revenue | ||
Cost of revenue | ||
Operating income | ||
Operating margin | ||
Net income | ||
Net profit margin | ||
Cash on hand | ||
Change in cash | ||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 131.53 mm | 131.53 mm | 131.53 mm | 131.53 mm | 131.53 mm | 131.53 mm |
Cash burn (monthly) | (no burn) | 4.05 mm | 10.80 mm | 33.35 mm | 1.66 mm | 4.87 mm |
Cash used (since last report) | n/a | 27.72 mm | 73.91 mm | 228.35 mm | 11.36 mm | 33.37 mm |
Cash remaining | n/a | 103.81 mm | 57.62 mm | -96.82 mm | 120.17 mm | 98.16 mm |
Runway (months of cash) | n/a | 25.6 | 5.3 | -2.9 | 72.4 | 20.1 |
Institutional ownership, Q3 2023
88.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 154 |
Opened positions | 14 |
Closed positions | 19 |
Increased positions | 55 |
Reduced positions | 53 |
13F shares | Current |
---|---|
Total value | 385.20 bn |
Total shares | 39.69 mm |
Total puts | 10.20 k |
Total calls | 1.80 k |
Total put/call ratio | 5.7 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 6.90 mm | $68.03 bn |
Vanguard | 5.49 mm | $54.15 bn |
Rubric Capital Management | 4.04 mm | $39.87 bn |
Neuberger Berman | 2.70 mm | $26.52 bn |
STT State Street | 1.86 mm | $18.35 bn |
Manufacturers Life Insurance Company, The | 1.78 mm | $17.60 bn |
Dimensional Fund Advisors | 1.43 mm | $14.13 bn |
JPM JPMorgan Chase & Co. | 1.10 mm | $10.86 bn |
Clearline Capital | 1.03 mm | $10.18 bn |
Geode Capital Management | 879.19 k | $8.67 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
1 Mar 24 | Jon Kirchner | Common Stock | Grant | Acquire A | No | No | 0 | 173,704 | 0.00 | 522,373 |
1 Mar 24 | Jon Kirchner | Common Stock | Payment of exercise | Dispose F | No | No | 11.28 | 32,625 | 368.01 k | 348,669 |
1 Mar 24 | Robert J Andersen | Common Stock | Grant | Acquire A | No | No | 0 | 86,852 | 0.00 | 255,460 |
1 Mar 24 | Robert J Andersen | Common Stock | Payment of exercise | Dispose F | No | No | 11.28 | 17,830 | 201.12 k | 168,608 |
1 Mar 24 | Rebecca Marquez | Common Stock | Grant | Acquire A | No | No | 0 | 45,711 | 0.00 | 154,981 |
1 Mar 24 | Geir Skaaden | Common Stock | Grant | Acquire A | No | No | 0 | 95,994 | 0.00 | 257,606 |
1 Mar 24 | Geir Skaaden | Common Stock | Payment of exercise | Dispose F | No | No | 11.28 | 19,965 | 225.21 k | 161,612 |
1 Mar 24 | Matthew Milne | Common Stock | Grant | Acquire A | No | No | 0 | 68,567 | 0.00 | 205,072 |
1 Mar 24 | Matthew Milne | Common Stock | Payment of exercise | Dispose F | No | No | 11.28 | 10,723 | 120.96 k | 136,505 |
News
Rubric Capital Management Files Definitive Proxy Statement For Xperi Inc. 2024 Annual Meeting; Highlights Poor Operational Performance, Egregious Executive Compensation And Reckless Capital Allocation Under Incumbent Board; Urges Stockholders To Vote FOR Rubric's Nominees
17 Apr 24
Xperi Mails Definitive Proxy Statement And Issues Letter To Stockholders
17 Apr 24
12 Information Technology Stocks Moving In Tuesday's After-Market Session
16 Apr 24
Rosenblatt Reiterates Buy on Xperi, Maintains $15 Price Target
1 Mar 24
Recap: Xperi Q4 Earnings
28 Feb 24
Press releases
Xperi to Release First Quarter 2024 Results on May 8, 2024
18 Apr 24
Rubric Capital Management Files Definitive Proxy Statement for Xperi Inc. 2024 Annual Meeting
17 Apr 24
Xperi Mails Definitive Proxy Statement and Issues Letter to Stockholders Highlighting the Company's Transformation, Strategy and Business Progress
17 Apr 24
Xperi Releases Top 100 Most Listened-To Songs In-Vehicle in the US and Globally for 2023 and Q1 2024
12 Apr 24
With Ad-Tolerance at an All-Time High, TiVo's Video Trends Report Finds Consumers Shifting Gears on TV Subscriptions
2 Apr 24