TiVo EVP Sells $148,633 in Stock (TIVO)
TiVo (NASDAQ:TIVO) EVP Jeffrey Klugman sold 12,193 shares of the stock in a transaction dated Monday, September 16th. The stock was sold at an average price of $12.19, for a total value of $148,632.67. Following the sale, the executive vice president now directly owns 169,751 shares of the company’s stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
A number of analysts have recently weighed in on TIVO shares. Analysts at Janney Montgomery Scott cut their price target on shares of TiVo (NASDAQ:TIVO) from $14.25 to $12.50 in a research note to investors on Thursday, August 29th. They now have a “neutral” rating on the stock. Separately, analysts at Albert Fried & Company reiterated an “overweight” rating on shares of TiVo (NASDAQ:TIVO) in a research note to investors on Wednesday, August 28th. They now have a $22.00 price target on the stock, up previously from $16.00. Finally, analysts at Goldman Sachs Group Inc. reiterated a “buy” rating on shares of TiVo (NASDAQ:TIVO) in a research note to investors on Wednesday, August 28th.
Four research analysts have rated the stock with a hold rating and eight have given a buy rating to the company’s stock. TiVo has an average rating of “Buy” and a consensus target price of $15.06.
TiVo (NASDAQ:TIVO) traded up 1.15% on Tuesday, hitting $12.29. The stock had a trading volume of 1,852,017 shares. TiVo has a 52 week low of $9.48 and a 52 week high of $14.10. The stock has a 50-day moving average of $11.35 and a 200-day moving average of $11.74. The company has a market cap of $1.499 billion and a P/E ratio of 5.17.
TiVo (NASDAQ:TIVO) last issued its quarterly earnings data on Tuesday, August 27th. The company reported $1.96 EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.10) by $2.06. The company had revenue of $77.00 million for the quarter, compared to the consensus estimate of $73.62 million. During the same quarter in the previous year, the company posted ($0.23) earnings per share. The company’s revenue for the quarter was up 42.3% on a year-over-year basis. On average, analysts predict that TiVo will post $2.06 earnings per share for the current fiscal year.
TiVo Inc (NASDAQ:TIVO) a developer and provider of software and technology that enables the search, navigation, and access of content across sources, including linear television, on-demand television, and broadband video.
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