RPX Corp. (NASDAQ:RPXC) rose 2.5% during mid-day trading on Thursday . The company traded as high as $10.18 and last traded at $10.11, with a volume of 119,776 shares traded. The stock had previously closed at $9.86.

A number of equities research analysts have weighed in on RPXC shares. Zacks Investment Research downgraded RPX Corp. from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, April 13th. Barclays PLC lowered their price target on RPX Corp. from $10.00 to $9.00 and set an “underweight” rating on the stock in a research report on Thursday, July 7th.

The stock has a market cap of $518.82 million and a price-to-earnings ratio of 21.81. The firm’s 50 day moving average price is $9.57 and its 200-day moving average price is $10.27.

RPX Corp. (NASDAQ:RPXC) last issued its earnings results on Tuesday, May 3rd. The company reported $0.15 EPS for the quarter, topping the Zacks’ consensus estimate of $0.13 by $0.02. During the same quarter in the prior year, the company earned $0.38 earnings per share. The company earned $79.70 million during the quarter, compared to the consensus estimate of $78.97 million. RPX Corp.’s revenue was down 4.3% on a year-over-year basis. Analysts forecast that RPX Corp. will post $0.73 EPS for the current fiscal year.

In other news, SVP Steven S. Swank sold 4,875 shares of the stock in a transaction that occurred on Friday, May 27th. The shares were sold at an average price of $9.75, for a total transaction of $47,531.25. Following the transaction, the senior vice president now directly owns 1,560 shares in the company, valued at $15,210. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Mallun Yen sold 7,407 shares of the stock in a transaction that occurred on Tuesday, May 31st. The shares were sold at an average price of $9.95, for a total transaction of $73,699.65. Following the transaction, the executive vice president now owns 100,266 shares in the company, valued at $997,646.70. The disclosure for this sale can be found here.

Several institutional investors have added to or reduced their stakes in RPXC. California State Teachers Retirement System increased its position in RPX Corp. by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 100,623 shares of the company’s stock worth $1,107,000 after buying an additional 1,800 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its position in RPX Corp. by 117.9% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 409,237 shares of the company’s stock worth $4,502,000 after buying an additional 221,459 shares in the last quarter. Boston Partners increased its position in RPX Corp. by 5.3% in the fourth quarter. Boston Partners now owns 1,767,515 shares of the company’s stock worth $19,443,000 after buying an additional 88,484 shares in the last quarter. GSA Capital Partners LLP increased its position in RPX Corp. by 66.1% in the fourth quarter. GSA Capital Partners LLP now owns 118,795 shares of the company’s stock worth $1,307,000 after buying an additional 47,267 shares in the last quarter. Finally, Bank of Montreal Can increased its position in RPX Corp. by 139.2% in the fourth quarter. Bank of Montreal Can now owns 289,711 shares of the company’s stock worth $3,187,000 after buying an additional 168,612 shares in the last quarter.

RPX Corporation offers patent risk management solutions. The Company’s patent risk management solution facilitates exchanges of value between owners and users of patents. The core of its solution is defensive patent aggregation, in which the Company acquires patents and licenses to patents that are being or may be asserted against its clients.

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