Shares of TiVo Corp (NASDAQ:TIVO) hit a new 52-week low on Thursday . The stock traded as low as $13.60 and last traded at $13.62, with a volume of 635426 shares traded. The stock had previously closed at $13.95.

Several brokerages have weighed in on TIVO. B. Riley reissued a “buy” rating and set a $31.00 price objective on shares of TiVo in a report on Monday, October 30th. Piper Jaffray Companies reissued a “buy” rating and set a $25.00 price objective on shares of TiVo in a report on Friday, November 3rd. Zacks Investment Research cut TiVo from a “hold” rating to a “strong sell” rating in a report on Friday, January 5th. Finally, BWS Financial began coverage on TiVo in a report on Monday, January 22nd. They set a “buy” rating and a $25.00 price objective for the company. One analyst has rated the stock with a sell rating and six have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus target price of $23.20.

The firm has a market cap of $1,750.00, a price-to-earnings ratio of -36.79, a price-to-earnings-growth ratio of 1.10 and a beta of -0.10. The company has a quick ratio of 2.33, a current ratio of 2.38 and a debt-to-equity ratio of 0.53.

In related news, CEO Enrique Rodriguez purchased 55,974 shares of the stock in a transaction dated Friday, December 1st. The stock was bought at an average cost of $17.86 per share, with a total value of $999,695.64. The purchase was disclosed in a filing with the SEC, which is available through this hyperlink. Insiders own 3.57% of the company’s stock.

Several hedge funds have recently made changes to their positions in the company. CIBC Asset Management Inc bought a new stake in shares of TiVo in the 4th quarter valued at about $235,000. Heartland Advisors Inc. increased its stake in shares of TiVo by 25.0% in the 4th quarter. Heartland Advisors Inc. now owns 750,000 shares of the technology company’s stock valued at $11,700,000 after acquiring an additional 150,000 shares during the last quarter. Alambic Investment Management L.P. increased its stake in shares of TiVo by 5.5% in the 4th quarter. Alambic Investment Management L.P. now owns 396,866 shares of the technology company’s stock valued at $6,191,000 after acquiring an additional 20,666 shares during the last quarter. Bessemer Group Inc. increased its stake in shares of TiVo by 117.1% in the 4th quarter. Bessemer Group Inc. now owns 75,100 shares of the technology company’s stock valued at $1,172,000 after acquiring an additional 40,500 shares during the last quarter. Finally, Washington Capital Management Inc. increased its stake in shares of TiVo by 16.5% in the 4th quarter. Washington Capital Management Inc. now owns 26,800 shares of the technology company’s stock valued at $418,000 after acquiring an additional 3,800 shares during the last quarter. 90.11% of the stock is owned by institutional investors.

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About TiVo

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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