TiVo Inc. (NASDAQ:TIVO) saw strong trading volume on Friday . 749,572 shares changed hands during mid-day trading, an increase of 10% from the previous session’s volume of 679,514 shares.The stock last traded at $10.61 and had previously closed at $10.59.

Several research firms have recently issued reports on TIVO. Lake Street Capital cut shares of TiVo from a “buy” rating to a “hold” rating in a research report on Monday, May 2nd. FBR & Co reaffirmed a “hold” rating on shares of TiVo in a research report on Monday, May 2nd. Albert Fried & Company cut shares of TiVo from an “overweight” rating to a “market perform” rating in a research report on Monday, May 2nd. B. Riley reaffirmed a “buy” rating and set a $13.25 price objective (down from $15.00) on shares of TiVo in a research report on Wednesday, June 1st. Finally, Zacks Investment Research raised shares of TiVo from a “hold” rating to a “strong-buy” rating and set a $11.00 price objective for the company in a research report on Tuesday, May 3rd. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the company. TiVo has an average rating of “Hold” and an average target price of $12.83.

The company’s 50-day moving average price is $10.33 and its 200-day moving average price is $9.31. The firm has a market cap of $1.06 billion and a P/E ratio of 59.27.

TiVo (NASDAQ:TIVO) last released its quarterly earnings data on Tuesday, May 31st. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.08 by $0.04. The firm had revenue of $99.70 million for the quarter, compared to the consensus estimate of $99.56 million. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the prior year, the firm earned $0.08 earnings per share. Equities research analysts anticipate that TiVo Inc. will post $0.43 EPS for the current year.

In other news, Director William Cella sold 6,850 shares of the stock in a transaction on Monday, July 11th. The shares were sold at an average price of $10.29, for a total value of $70,486.50. Following the completion of the sale, the director now owns 105,301 shares of the company’s stock, valued at $1,083,547.29. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Thomas S. Rogers sold 319,600 shares of the stock in a transaction on Tuesday, June 21st. The stock was sold at an average price of $10.17, for a total transaction of $3,250,332.00. Following the completion of the sale, the director now directly owns 2,960,299 shares of the company’s stock, valued at approximately $30,106,240.83. The disclosure for this sale can be found here.

Other large investors have added to or reduced their stakes in the company. Nationwide Fund Advisors raised its stake in TiVo by 130.6% in the fourth quarter. Nationwide Fund Advisors now owns 145,506 shares of the company’s stock valued at $1,256,000 after buying an additional 82,405 shares during the last quarter. California State Teachers Retirement System raised its stake in TiVo by 1.8% in the fourth quarter. California State Teachers Retirement System now owns 179,962 shares of the company’s stock valued at $1,553,000 after buying an additional 3,238 shares during the last quarter. I.G. Investment Management LTD. raised its stake in TiVo by 25.6% in the fourth quarter. I.G. Investment Management LTD. now owns 412,897 shares of the company’s stock valued at $3,563,000 after buying an additional 84,070 shares during the last quarter. Royce & Associates LLC raised its stake in TiVo by 51.3% in the fourth quarter. Royce & Associates LLC now owns 431,400 shares of the company’s stock valued at $3,723,000 after buying an additional 146,300 shares during the last quarter. Finally, Systematic Financial Management LP raised its stake in TiVo by 1.8% in the fourth quarter. Systematic Financial Management LP now owns 760,965 shares of the company’s stock valued at $6,567,000 after buying an additional 13,556 shares during the last quarter.

TiVo Inc (TiVo) is a provider of video technology software services and cloud-based software-as-a-service solutions. The Company’s software and cloud-based services provide an all-in-one approach for navigating content chaos by combining live, recorded, Video on demand (VOD) and over-the-top content into an intuitive user interface with search, discovery, viewing and recording, creating a unified viewing experience.

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