TiVo Corporation (NASDAQ:TIVO) announced a quarterly dividend on Thursday, November 2nd, RTT News reports. Stockholders of record on Wednesday, December 6th will be paid a dividend of 0.18 per share by the technology company on Wednesday, December 20th. This represents a $0.72 dividend on an annualized basis and a dividend yield of 4.14%.

TiVo Corporation (NASDAQ:TIVO) last released its quarterly earnings data on Thursday, November 2nd. The technology company reported ($0.14) EPS for the quarter, missing analysts’ consensus estimates of ($0.07) by ($0.07). TiVo Corporation had a net margin of 2.47% and a return on equity of 10.59%. The business had revenue of $197.90 million during the quarter, compared to analysts’ expectations of $190.83 million. During the same quarter in the previous year, the company posted $0.59 EPS. The company’s revenue was up 29.3% compared to the same quarter last year.

In other TiVo Corporation news, EVP Pamela A. Sergeeff sold 3,147 shares of the stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $20.00, for a total transaction of $62,940.00. Following the completion of the sale, the executive vice president now directly owns 89,976 shares of the company’s stock, valued at approximately $1,799,520. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Dustin Finer sold 11,881 shares of the stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $20.00, for a total value of $237,620.00. Following the sale, the insider now directly owns 41,524 shares of the company’s stock, valued at $830,480. The disclosure for this sale can be found here. Insiders have sold a total of 17,397 shares of company stock valued at $343,557 over the last ninety days. 3.57% of the stock is owned by insiders.

A number of research analysts have recently commented on TIVO shares. B. Riley reiterated a “buy” rating and issued a $31.00 price objective on shares of TiVo Corporation in a report on Sunday, August 6th. Cowen and Company restated a “buy” rating and set a $30.00 price target on shares of TiVo Corporation in a research note on Friday, September 8th. ValuEngine downgraded TiVo Corporation from a “buy” rating to a “hold” rating in a research note on Friday, September 1st. Finally, Jefferies Group LLC restated a “buy” rating and set a $18.00 price target on shares of TiVo Corporation in a research note on Friday, July 7th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. TiVo Corporation has an average rating of “Buy” and a consensus price target of $27.60.

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TiVo Corporation Company Profile

TiVo Corporation is engaged in offering media and entertainment products. The Company operates through two segments: Intellectual Property Licensing and Product. The Company’s Product segment includes a suite of component technologies that can be integrated into media service provider internally developed platforms or deployed as an integrated TiVo solution.

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