TiVo Corporation (NASDAQ:TIVO) EVP Pamela A. Sergeeff sold 3,147 shares of the stock in a transaction dated Friday, September 29th. The shares were sold at an average price of $20.00, for a total transaction of $62,940.00. Following the transaction, the executive vice president now directly owns 89,976 shares of the company’s stock, valued at approximately $1,799,520. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

TiVo Corporation (TIVO) traded down 0.50% on Tuesday, reaching $19.75. The company had a trading volume of 655,704 shares. The firm has a market capitalization of $2.38 billion, a P/E ratio of 109.12 and a beta of 0.18. TiVo Corporation has a 1-year low of $15.15 and a 1-year high of $22.05. The company’s 50-day moving average price is $18.66 and its 200 day moving average price is $18.46.

TiVo Corporation (NASDAQ:TIVO) last announced its quarterly earnings data on Thursday, August 3rd. The technology company reported $0.30 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.10 by $0.20. TiVo Corporation had a net margin of 2.47% and a return on equity of 10.59%. The company had revenue of $208.60 million during the quarter, compared to analysts’ expectations of $192.72 million. During the same quarter in the prior year, the company earned $0.45 EPS. TiVo Corporation’s revenue was up 66.6% compared to the same quarter last year. On average, equities analysts forecast that TiVo Corporation will post $0.43 EPS for the current year.

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 21st. Shareholders of record on Thursday, September 7th were paid a $0.18 dividend. This represents a $0.72 dividend on an annualized basis and a yield of 3.65%. The ex-dividend date of this dividend was Wednesday, September 6th. TiVo Corporation’s dividend payout ratio (DPR) is 240.00%.

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Several institutional investors have recently modified their holdings of the company. Public Employees Retirement System of Ohio grew its position in shares of TiVo Corporation by 8.3% in the second quarter. Public Employees Retirement System of Ohio now owns 11,207 shares of the technology company’s stock valued at $209,000 after purchasing an additional 856 shares in the last quarter. Piedmont Investment Advisors LLC acquired a new stake in shares of TiVo Corporation in the second quarter valued at approximately $489,000. Nomura Holdings Inc. increased its holdings in shares of TiVo Corporation by 13.8% in the second quarter. Nomura Holdings Inc. now owns 436,186 shares of the technology company’s stock valued at $8,139,000 after purchasing an additional 52,776 shares during the last quarter. State Street Corp increased its holdings in shares of TiVo Corporation by 5.1% in the second quarter. State Street Corp now owns 3,138,996 shares of the technology company’s stock valued at $58,540,000 after purchasing an additional 151,139 shares during the last quarter. Finally, Shelton Capital Management increased its holdings in shares of TiVo Corporation by 7.4% in the second quarter. Shelton Capital Management now owns 12,011 shares of the technology company’s stock valued at $224,000 after purchasing an additional 824 shares during the last quarter. Institutional investors and hedge funds own 89.00% of the company’s stock.

Several equities research analysts have recently issued reports on TIVO shares. B. Riley reaffirmed a “buy” rating and issued a $31.00 target price on shares of TiVo Corporation in a report on Wednesday, June 14th. Cowen and Company reissued an “outperform” rating and set a $30.00 price target on shares of TiVo Corporation in a research note on Wednesday, June 28th. Zacks Investment Research lowered TiVo Corporation from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, July 4th. Jefferies Group LLC reissued a “buy” rating and set a $18.00 price target on shares of TiVo Corporation in a research note on Friday, July 7th. Finally, ValuEngine cut TiVo Corporation from a “buy” rating to a “hold” rating in a report on Friday, September 1st. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. TiVo Corporation presently has an average rating of “Buy” and an average target price of $26.17.

About TiVo Corporation

TiVo Corporation is engaged in offering media and entertainment products. The Company operates through two segments: Intellectual Property Licensing and Product. The Company’s Product segment includes a suite of component technologies that can be integrated into media service provider internally developed platforms or deployed as an integrated TiVo solution.

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