Notable Runner: Is Buying TiVo Corp Here a Winning Strategy?

Notable Runner: Is Buying TiVo Corp Here a Winning Strategy?

The stock of TiVo Corp (NASDAQ:TIVO) is a huge mover today! About 360,044 shares traded hands. TiVo Corp (NASDAQ:TIVO) has risen 15.53% since April 26, 2016 and is uptrending. It has outperformed by 10.27% the S&P500.
The move comes after 9 months positive chart setup for the $2.52 billion company. It was reported on Nov, 29 by Barchart.com. We have $22.05 PT which if reached, will make NASDAQ:TIVO worth $126.00M more.

Analysts await TiVo Corp (NASDAQ:TIVO) to report earnings on February, 9. They expect $0.45 EPS, down 13.46% or $0.07 from last year’s $0.52 per share. TIVO’s profit will be $54.00M for 11.67 P/E if the $0.45 EPS becomes a reality. After $1.03 actual EPS reported by TiVo Corp for the previous quarter, Wall Street now forecasts -56.31% negative EPS growth.

TiVo Corp (NASDAQ:TIVO) Ratings Coverage

Out of 6 analysts covering TiVo (NASDAQ:TIVO), 0 rate it a “Buy”, 0 “Sell”, while 6 “Hold”. This means 0 are positive. TiVo has been the topic of 9 analyst reports since September 8, 2015 according to StockzIntelligence Inc. The firm has “Outperform” rating given on Friday, September 11 by Barrington Research. M Partners maintained the shares of TIVO in a report on Wednesday, November 25 with “Buy” rating. The stock of TiVo Corp (NASDAQ:TIVO) has “Mkt Perform” rating given on Wednesday, November 25 by Barrington Research. Barclays Capital maintained the stock with “Equal-Weight” rating in Friday, December 11 report. On Wednesday, September 9 the stock rating was maintained by FBR Capital with “Mkt Perform”. Topeka Capital Markets maintained the shares of TIVO in a report on Tuesday, September 8 with “Buy” rating. M Partners downgraded the stock to “Neutral” rating in Wednesday, June 1 report. The stock has “Market Perform” rating given by Albert Fried on Monday, May 2. The stock of TiVo Corp (NASDAQ:TIVO) earned “Hold” rating by Topeka Capital Markets on Monday, May 2.

According to Zacks Investment Research, “TiVo Corporation provides digital home entertainment services and solutions. The Company offers services which allow viewers to record and control live television, customize viewing preferences and access television shows. TiVo Corporation, formerly known as Rovi Corporation, is based in San Carlos, United States.”

Insitutional Activity: The institutional sentiment decreased to 0 in 2016 Q2. Its down 0.71, from 0.71 in 2016Q1. The ratio turned negative, as 46 funds sold all TiVo Corp shares owned while 52 reduced positions. 35 funds bought stakes while 35 increased positions. They now own 73.29 million shares or 7.97% less from 79.63 million shares in 2016Q1.
Qs Invsts Llc last reported 519,258 shares in the company. Jpmorgan Chase & holds 0% or 365,784 shares in its portfolio. The Ohio-based Huntington Bancorporation has invested 0% in TiVo Corp (NASDAQ:TIVO). Bnp Paribas Arbitrage Sa accumulated 0% or 6,401 shares. First Mercantile Trust holds 0.05% or 39,834 shares in its portfolio. Capstone Advsrs Ltd holds 0.02% or 98,038 shares in its portfolio. Moreover, Spark Invest Mgmt Lc has 0.18% invested in TiVo Corp (NASDAQ:TIVO) for 199,700 shares. Blackrock Inv Mngmt Ltd Limited Liability Company last reported 354,768 shares in the company. Teachers Advisors Incorporated has invested 0% of its portfolio in TiVo Corp (NASDAQ:TIVO). Weaver C Barksdale & Assocs has invested 0% of its portfolio in TiVo Corp (NASDAQ:TIVO). Moreover, Credit Suisse Ag has 0% invested in TiVo Corp (NASDAQ:TIVO) for 203,323 shares. Amer Intl Grp Inc Inc, a New York-based fund reported 54,076 shares. Blackrock holds 0% or 8,632 shares in its portfolio. Fny Managed Accounts Ltd Liability Corp reported 39,700 shares or 0% of all its holdings. Legal General Group Inc Public Ltd Co reported 23,798 shares or 0% of all its holdings.

Insider Transactions: Since July 11, 2016, the stock had 0 buys, and 8 sales for $3.89 million net activity. 12,500 shares were sold by HINSON JEFFREY T., worth $134,096. $1.13M worth of TiVo Corp (NASDAQ:TIVO) was sold by CHOPRA NAVEEN K.. $70,469 worth of TiVo Corp (NASDAQ:TIVO) shares were sold by Cella William. Zinn Matthew also sold $602,476 worth of TiVo Corp (NASDAQ:TIVO) on Friday, September 2. 50,000 TiVo Corp (NASDAQ:TIVO) shares with value of $559,895 were sold by Kovar Pavel. $353,405 worth of TiVo Corp (NASDAQ:TIVO) was sold by MOLONEY DANIEL M.

More notable recent TiVo Corp (NASDAQ:TIVO) news were published by: Profitconfidential.com which released: “TiVo Corp: Netflix Is the Spark Sending TIVO Stock Soaring” on November 29, 2016, also Reuters.com with their article: “BRIEF-TiVo Corp says product and intellectual property agreements with Netflix …” published on November 28, 2016, Schaeffersresearch.com published: “Buzz Stocks: Ariad Pharmaceuticals, Inc., Tiffany & Co., and TiVo Corp” on November 29, 2016. More interesting news about TiVo Corp (NASDAQ:TIVO) were released by: Nasdaq.com and their article: “TIVo Corp. (TIVO) Q3 Earnings Impressive, Revenues Up Y/Y” published on November 04, 2016 as well as Zacks.com‘s news article titled: “Will TiVo Corp (TIVO) Disappoint Estimates in Q3 Earnings?” with publication date: November 01, 2016.

TIVO Company Profile

TiVo Corporation, formerly Titan Technologies Corporation, is a holding company. The Company’s subsidiaries include Rovi Corporation and TiVo Inc. The Company, through TiVo Inc., is engaged in providing video technology software services and cloud software-as-a-service solutions. TiVo Inc.’s software and cloud services provide an approach for navigating content chaos by combining live, recorded, Video on Demand (VOD) content into an intuitive user interface with universal search, discovery, viewing and recording, and creating a unified viewing experience.

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