Tivo Inc (TIVO): Thomas S Rogers , director of Tivo Inc sold 319,600 shares on Jun 21, 2016. The Insider selling transaction was reported by the company on Jun 21, 2016 to the Securities and Exchange Commission. The shares were sold at $10.17 per share for a total value of $3,250,044.25 , the company said in a SEC Form 4 Filing.
Other Insider transactions have been reported by the company according to SEC Form 4, on Dec 18, 2015, Pavel Kovar (Principal Accounting Officer) sold 7,264 shares at $8.70 per share price.On Dec 2, 2015, Charles Phillips (COO) sold 40,000 shares at $8.99 per share price.Also, On Oct 9, 2015, Matthew Zinn (SVP & General Counsel) sold 11,567 shares at $9.27 per share price.On Jul 13, 2015, Jeffrey L Klugman (EVP Product & Revenue) sold 2,133 shares at $10.19 per share price.
TiVo: On Monday, Jun 20, 2016 heightened volatility was witnessed in TiVo which led to swings in the share price. The shares opened for trading at $10.08 and hit $10.21 on the upside , eventually ending the session at $10.15, with a gain of 1.50% or 0.15 points. The heightened volatility saw the trading volume jump to 17,49,886 shares. The 52-week high of the share price is $10.78 and the company has a market cap of $1,012 M . The 52-week low of the share price is at $7.29.
Company has been under the radar of several Street Analysts.TiVo is Downgraded by MKM Partners to Neutral and the brokerage firm has set the Price Target at $10.70. Earlier the firm had a rating of Buy on the company shares. The Rating was issued on Jun 1, 2016.TiVo is Downgraded by Topeka Capital Markets to Hold while Lowering the Price Target of the company shares to $ 11 from a previous price target of $16 . Earlier the firm had a rating of Buy on the company shares. The Rating was issued on May 2, 2016.TiVo is Downgraded by Albert Fried to Market Perform. Earlier the firm had a rating of Overweight on the company shares. The Rating was issued on May 2, 2016.
TiVo Inc. (TiVo) is a provider of television software services and cloud-based software-as-a-service solutions that enable viewers to consume content from a range of sources across a variety of screens in and out of the home. The Company offers a whole-home solution that includes 4-Tuner and 6-Tuner digital video recorders (DVRs)/gateways non-DVR IP set-top boxes (STBs) and software to enable streaming to application on third-party devices such as iOS and Android mobile phones and tablets. The Company generates revenues from four sources: Consumer Service Television Service Providers (also referred to as MSOs or Pay TV Operators) Advertising and Research Services and Licensing. TiVo’s technology for enabling the TiVo service includes the TiVo service client software platform mobile apps the TiVo service infrastructure and TiVo-enabled hardware designs. The Company distributes its software technology and services through a range of consumer electronic applications and devices.