TiVo Inc. (NASDAQ:TIVO) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $10.67 and last traded at $10.65, with a volume of 1,105,684 shares changing hands. The stock had previously closed at $10.64.

Several research analysts recently issued reports on TIVO shares. Zacks Investment Research downgraded TiVo from a “buy” rating to a “hold” rating in a research report on Friday, April 22nd. Jefferies Group restated a “buy” rating and set a $18.00 price objective on shares of TiVo in a research report on Friday, April 29th. Topeka Capital Markets downgraded TiVo from a “buy” rating to a “hold” rating and cut their price objective for the stock from $16.00 to $11.00 in a research report on Monday, May 2nd. Albert Fried & Company downgraded TiVo from an “overweight” rating to a “market perform” rating in a research report on Monday, May 2nd. Finally, Lake Street Capital downgraded TiVo from a “buy” rating to a “hold” rating in a research report on Monday, May 2nd. Ten analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $12.83.

The firm has a 50 day moving average price of $10.42 and a 200 day moving average price of $9.39. The firm has a market capitalization of $1.06 billion and a PE ratio of 59.55.

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

In related news, Director William Cella sold 6,850 shares of the stock in a transaction that occurred on Monday, July 11th. The shares were sold at an average price of $10.29, for a total transaction of $70,486.50. Following the completion of the sale, the director now directly 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 SEC, which can be accessed through the SEC website. Also, Director Thomas S. Rogers sold 319,600 shares of the stock in a transaction that occurred on Tuesday, June 21st. The shares were sold at an average price of $10.17, for a total transaction of $3,250,332.00. Following the sale, the director now directly owns 2,960,299 shares of the company’s stock, valued at $30,106,240.83. The disclosure for this sale can be found here.

A number of hedge funds have added to or reduced their stakes in the stock. 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 in the last quarter. Stephens Investment Management Group LLC raised its stake in TiVo by 10.4% in the fourth quarter. Stephens Investment Management Group LLC now owns 1,132,910 shares of the company’s stock valued at $9,777,000 after buying an additional 106,450 shares in 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 in the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its stake in TiVo by 67.4% in the fourth quarter. Connor Clark & Lunn Investment Management Ltd. now owns 284,700 shares of the company’s stock valued at $2,457,000 after buying an additional 114,600 shares in 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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