TiVo Corp (NASDAQ:TIVO) CEO Enrique Rodriguez purchased 55,974 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The stock was bought at an average price of $17.86 per share, for a total transaction of $999,695.64. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website.
Shares of TiVo Corp (NASDAQ:TIVO) opened at $16.20 on Thursday. The company has a debt-to-equity ratio of 0.53, a quick ratio of 2.33 and a current ratio of 2.38. TiVo Corp has a 52 week low of $15.15 and a 52 week high of $21.90. The company has a market capitalization of $2,013.89, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 1.32 and a beta of 0.11.
TiVo (NASDAQ:TIVO) last issued its earnings results on Thursday, November 2nd. The technology company reported ($0.14) EPS for the quarter, missing the consensus estimate of ($0.07) by ($0.07). TiVo had a negative net margin of 5.39% and a positive return on equity of 4.72%. The business had revenue of $197.90 million for the quarter, compared to analysts’ expectations of $190.83 million. During the same quarter in the prior year, the business posted $0.59 earnings per share. The business’s revenue for the quarter was up 29.3% on a year-over-year basis. equities research analysts anticipate that TiVo Corp will post 1.25 earnings per share for the current year.
Several analysts recently weighed in on the company. B. Riley cut their price target on TiVo from $31.00 to $24.00 and set a “buy” rating on the stock in a research note on Monday. ValuEngine downgraded TiVo from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Jefferies Group restated a “buy” rating and issued a $18.00 price target on shares of TiVo in a research note on Thursday, September 21st. Cowen restated a “buy” rating and issued a $30.00 price target on shares of TiVo in a research note on Friday, September 8th. Finally, Piper Jaffray Companies reiterated a “buy” rating and set a $25.00 target price on shares of TiVo in a research note on Friday, November 3rd. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus price target of $24.25.
A number of institutional investors and hedge funds have recently modified their holdings of the business. Teachers Advisors LLC lifted its holdings in shares of TiVo by 3.6% during the 1st quarter. Teachers Advisors LLC now owns 206,123 shares of the technology company’s stock valued at $3,865,000 after buying an additional 7,091 shares during the period. Public Employees Retirement System of Ohio lifted its holdings in shares of TiVo by 23.2% during the 1st 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 period. Bank of Montreal Can lifted its holdings in shares of TiVo by 90.4% during the 2nd quarter. Bank of Montreal Can now owns 12,010 shares of the technology company’s stock valued at $224,000 after buying an additional 5,703 shares during the period. Creative Planning lifted its holdings in shares of TiVo by 83.8% during the 2nd 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 period. Finally, Aperio Group LLC lifted its holdings in shares of TiVo by 2.1% during the 2nd quarter. Aperio Group LLC now owns 25,054 shares of the technology company’s stock valued at $467,000 after buying an additional 521 shares during the period. Institutional investors and hedge funds own 90.30% of the company’s stock.
TRADEMARK VIOLATION NOTICE: This story was originally posted by Community Financial News and is the property of of Community Financial News. If you are reading this story on another publication, it was copied illegally and republished in violation of U.S. and international copyright laws. The legal version of this story can be viewed at https://www.com-unik.info/2017/12/07/enrique-rodriguez-purchases-55974-shares-of-tivo-corp-tivo-stock.html.
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.
What are top analysts saying about TiVo Corp? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for TiVo Corp and related companies.