TiVo Corporation (NASDAQ:TIVO)‘s stock had its “buy” rating reaffirmed by equities researchers at Piper Jaffray Companies in a note issued to investors on Friday. They currently have a $25.00 price target on the technology company’s stock. Piper Jaffray Companies’ target price would indicate a potential upside of 44.51% from the company’s previous close.

TIVO has been the subject of several other research reports. B. Riley reiterated a “buy” rating and issued a $31.00 target price on shares of TiVo Corporation in a report on Monday. Jefferies Group LLC reiterated a “buy” rating and issued a $18.00 target price on shares of TiVo Corporation in a report on Thursday, September 21st. ValuEngine upgraded shares of TiVo Corporation from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Finally, Cowen and Company reiterated a “buy” rating and issued a $30.00 target price on shares of TiVo Corporation in a report on Thursday, August 3rd. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and an average price target of $27.60.

TiVo Corporation (NASDAQ:TIVO) traded down $0.72 during mid-day trading on Friday, hitting $17.30. 885,053 shares of the stock traded hands, compared to its average volume of 609,940. The stock has a market cap of $2,190.87, a PE ratio of 24.26 and a beta of 0.10. The company has a debt-to-equity ratio of 0.52, a quick ratio of 2.51 and a current ratio of 2.57.

TiVo Corporation (NASDAQ:TIVO) last released its quarterly earnings results on Thursday, November 2nd. The technology company reported ($0.14) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.07) by ($0.07). The firm had revenue of $197.90 million for the quarter, compared to analysts’ expectations of $190.83 million. TiVo Corporation had a negative net margin of 5.39% and a positive return on equity of 4.69%. The firm’s quarterly revenue was up 29.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.59 EPS. equities research analysts predict that TiVo Corporation will post -0.33 earnings per share for the current fiscal year.

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In related news, insider Dustin Finer sold 2,369 shares of the business’s stock in a transaction on Thursday, August 10th. The shares were sold at an average price of $18.15, for a total value of $42,997.35. Following the completion of the sale, the insider now directly owns 53,405 shares of the company’s stock, valued at $969,300.75. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, EVP Pamela A. Sergeeff sold 3,147 shares of the business’s stock in a transaction on Friday, September 29th. The shares were sold at an average price of $20.00, for a total transaction of $62,940.00. Following the completion of the sale, the executive vice president now directly owns 89,976 shares of the company’s stock, valued at $1,799,520. The disclosure for this sale can be found here. In the last quarter, insiders have sold 17,397 shares of company stock valued at $343,557. Insiders own 3.57% of the company’s stock.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. PNC Financial Services Group Inc. raised its holdings in shares of TiVo Corporation by 25.4% in the first quarter. PNC Financial Services Group Inc. now owns 7,074 shares of the technology company’s stock valued at $132,000 after buying an additional 1,433 shares during the last quarter. Creative Planning raised its holdings in shares of TiVo Corporation by 83.8% in the second quarter. Creative Planning now owns 7,137 shares of the technology company’s stock valued at $133,000 after buying an additional 3,253 shares during the last quarter. Public Employees Retirement System of Ohio raised its holdings in shares of TiVo Corporation by 23.2% in the first quarter. Public Employees Retirement System of Ohio now owns 10,351 shares of the technology company’s stock valued at $194,000 after buying an additional 1,946 shares during the last quarter. Bbva Compass Bancshares Inc. raised its holdings in shares of TiVo Corporation by 1.1% in the second quarter. Bbva Compass Bancshares Inc. now owns 10,594 shares of the technology company’s stock valued at $198,000 after buying an additional 120 shares during the last quarter. Finally, Atria Investments LLC raised its holdings in shares of TiVo Corporation by 0.4% in the second quarter. Atria Investments LLC now owns 10,973 shares of the technology company’s stock valued at $205,000 after buying an additional 49 shares during the last quarter. 89.13% of the stock is owned by hedge funds and other institutional investors.

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.

Analyst Recommendations for TiVo Corporation (NASDAQ:TIVO)

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