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TiVo (NASDAQ:TIVO) EVP Jeffrey L. Klugman unloaded 3,000 shares of the stock on the open market in a transaction dated Friday, May 23rd. The stock was sold at an average price of $12.48, for a total value of $37,440.00. Following the completion of the sale, the executive vice president now directly owns 175,259 shares of the company’s stock, valued at approximately $2,187,232. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

TiVo (NASDAQ:TIVO) traded up 2.18% on Friday, hitting $12.19. 3,018,643 shares of the company’s stock traded hands. TiVo has a 1-year low of $10.47 and a 1-year high of $14.25. The stock has a 50-day moving average of $11.96 and a 200-day moving average of $12.67. The company has a market cap of $1.471 billion and a price-to-earnings ratio of 5.98.

TiVo (NASDAQ:TIVO) last released its earnings data on Thursday, May 22nd. The company reported $0.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.01. The company had revenue of $107.06 million for the quarter, compared to the consensus estimate of $86.80 million. During the same quarter in the previous year, the company posted ($0.09) earnings per share. The company’s revenue for the quarter was up 39.2% on a year-over-year basis. Analysts expect that TiVo will post $0.31 EPS for the current fiscal year.

TIVO has been the subject of a number of recent research reports. Analysts at Janney Montgomery Scott raised their price target on shares of TiVo from $13.50 to $14.00 in a research note on Friday. They now have a “fair value” rating on the stock. Separately, analysts at Zacks downgraded shares of TiVo from a “neutral” rating to an “underperform” rating in a research note on Tuesday. They now have a $11.00 price target on the stock. Finally, analysts at JPMorgan Chase & Co. downgraded shares of TiVo from an “overweight” rating to a “neutral” rating in a research note on Wednesday, March 5th. They now have a $14.00 price target on the stock. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $20.77.

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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