TiVo Corp (NASDAQ:TIVO) CEO Enrique Rodriguez acquired 55,974 shares of TiVo stock in a transaction dated Friday, December 1st. The stock was purchased at an average price of $17.86 per share, with a total value of $999,695.64. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Shares of TiVo Corp (NASDAQ:TIVO) traded down $0.45 during mid-day trading on Tuesday, reaching $16.05. The company had a trading volume of 1,213,743 shares, compared to its average volume of 711,913. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.33 and a current ratio of 2.38. The stock has a market capitalization of $1,980.00, a PE ratio of 23.92, a P/E/G ratio of 1.42 and a beta of 0.11. TiVo Corp has a 52 week low of $15.15 and a 52 week high of $21.90.

TiVo (NASDAQ:TIVO) last announced its quarterly earnings results on Thursday, November 2nd. The technology company reported ($0.14) earnings per share for the quarter, missing the consensus estimate of ($0.07) by ($0.07). The company had revenue of $197.90 million for the quarter, compared to analysts’ expectations of $190.83 million. TiVo had a negative net margin of 5.39% and a positive return on equity of 4.72%. The firm’s revenue was up 29.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.59 earnings per share. research analysts anticipate that TiVo Corp will post 1.25 EPS for the current year.

The business also recently declared a quarterly dividend, which will be paid on Wednesday, December 20th. Investors of record on Wednesday, December 6th will be given a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 4.49%. The ex-dividend date of this dividend is Tuesday, December 5th. TiVo’s dividend payout ratio is currently -184.62%.

Several research analysts have recently issued reports on the company. B. Riley restated a “buy” rating and issued a $31.00 price objective on shares of TiVo in a research note on Monday, October 30th. Jefferies Group restated a “buy” rating and issued a $18.00 price objective on shares of TiVo in a research note on Thursday, September 21st. Piper Jaffray Companies restated a “buy” rating and issued a $25.00 price objective on shares of TiVo in a research note on Friday, November 3rd. ValuEngine upgraded TiVo from a “hold” rating to a “buy” rating in a research note on Monday, October 2nd. Finally, Cowen restated a “buy” rating and issued a $30.00 price objective on shares of TiVo in a research note on Friday, September 8th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus price target of $24.25.

A number of hedge funds have recently made changes to their positions in TIVO. Denver Investment Advisors LLC raised its position in TiVo by 275.5% during 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 in the last quarter. Teachers Advisors LLC raised its position in TiVo by 422.1% during 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 in the last quarter. Ameriprise Financial Inc. raised its position in TiVo by 7.1% during the second quarter. Ameriprise Financial Inc. now owns 8,950,144 shares of the technology company’s stock valued at $166,918,000 after acquiring an additional 590,818 shares in the last quarter. Neuberger Berman Group LLC raised its position in TiVo by 9.7% during the third quarter. Neuberger Berman Group LLC now owns 2,627,610 shares of the technology company’s stock valued at $52,158,000 after acquiring an additional 232,034 shares in the last quarter. Finally, TIAA CREF Investment Management LLC raised its position in TiVo by 68.3% during the second quarter. TIAA CREF Investment Management LLC now owns 553,601 shares of the technology company’s stock valued at $10,325,000 after acquiring an additional 224,729 shares in the last quarter. Institutional investors own 90.30% of the company’s stock.

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TiVo 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.

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