TiVo Corporation (NASDAQ:TIVO) insider Dustin Finer sold 11,881 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $20.00, for a total value of $237,620.00. Following the completion of the transaction, the insider now owns 41,524 shares in the company, valued at $830,480. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Dustin Finer also recently made the following trade(s):

  • On Thursday, August 10th, Dustin Finer sold 2,369 shares of TiVo Corporation stock. The stock was sold at an average price of $18.15, for a total value of $42,997.35.

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

TiVo Corporation (NASDAQ:TIVO) last issued its quarterly earnings results on Thursday, August 3rd. The technology company reported $0.30 EPS for the quarter, topping 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 firm had revenue of $208.60 million during the quarter, compared to analyst estimates of $192.72 million. During the same quarter in the prior year, the business posted $0.45 earnings per share. TiVo Corporation’s revenue for the quarter was up 66.6% compared to the same quarter last year. Analysts expect that TiVo Corporation will post $0.43 earnings per share for the current year.

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

COPYRIGHT VIOLATION NOTICE: “TiVo Corporation (TIVO) Insider Sells $237,620.00 in Stock” was posted by American Banking News and is the property of of American Banking News. If you are viewing this news story on another publication, it was copied illegally and reposted in violation of US & international copyright & trademark legislation. The original version of this news story can be accessed at https://www.americanbankingnews.com/2017/10/03/tivo-corporation-tivo-insider-sells-237620-00-in-stock.html.

Several hedge funds and other institutional investors have recently made changes to their positions in the company. BlackRock Inc. raised its position in shares of TiVo Corporation by 62,480.7% in the 1st quarter. BlackRock Inc. now owns 14,976,807 shares of the technology company’s stock worth $280,814,000 after buying an additional 14,952,875 shares during the period. State Street Corp acquired a new position in TiVo Corporation in the first quarter valued at $56,025,000. Denver Investment Advisors LLC boosted its holdings in TiVo Corporation by 275.5% in the second quarter. Denver Investment Advisors LLC now owns 1,724,867 shares of the technology company’s stock valued at $32,168,000 after acquiring an additional 1,265,563 shares during the last quarter. Vanguard Group Inc. boosted its holdings in TiVo Corporation by 9.1% in the first quarter. Vanguard Group Inc. now owns 10,945,977 shares of the technology company’s stock valued at $205,238,000 after acquiring an additional 910,594 shares during the last quarter. Finally, Teachers Advisors LLC boosted its holdings in TiVo Corporation by 422.1% in the second quarter. Teachers Advisors LLC now owns 1,076,095 shares of the technology company’s stock valued at $20,069,000 after acquiring an additional 869,972 shares during the last quarter. 89.00% of the stock is owned by institutional investors.

A number of equities research analysts have commented on TIVO shares. ValuEngine upgraded TiVo Corporation from a “hold” rating to a “buy” rating in a research report on Monday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $18.00 price target on shares of TiVo Corporation in a research note on Thursday, September 21st. Cowen and Company reiterated a “buy” rating and set a $30.00 price target on shares of TiVo Corporation in a report on Friday, September 8th. B. Riley reiterated a “buy” rating and set a $31.00 price target on shares of TiVo Corporation in a report on Sunday, August 6th. Finally, Zacks Investment Research downgraded TiVo Corporation from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, July 4th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and an average price target of $26.17.

TiVo Corporation Company Profile

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.

Receive News & Ratings for TiVo Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for TiVo Corporation and related companies with MarketBeat.com's FREE daily email newsletter.