Insider Trading Alert - ROVI, EAT And CCOI Traded By Insiders

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Yesterday, Sept. 4, 2014, 122 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $58.00 to $13,354,526.14.

Highlighted Stocks Traded by Insiders:

Rovi (ROVI) - FREE Research Report

Halt Peter, who is Cfo at Rovi, sold 2,382 shares at $22.83 on Sept. 4, 2014. Following this transaction, the Cfo owned 149,550 shares meaning that the stake was reduced by 1.57% with the 2,382-share transaction.

Sergeeff Pamela A., who is Evp, General Counsel at Rovi, sold 1,431 shares at $22.83 on Sept. 4, 2014. Following this transaction, the Evp, General Counsel owned 93,483 shares meaning that the stake was reduced by 1.51% with the 1,431-share transaction.

The shares most recently traded at $22.38, down $0.45, or 2.02% since the insider transaction. Historical insider transactions for Rovi go as follows:

  • 4-Week # shares sold: 25,841
  • 12-Week # shares sold: 76,882
  • 24-Week # shares sold: 76,882

The average volume for Rovi has been 510,700 shares per day over the past 30 days. Rovi has a market cap of $2.2 billion and is part of the technology sector and computer software & services industry. Shares are up 14.25% year-to-date as of the close of trading on Thursday.

Rovi Corporation provides integrated solutions for the discovery and personalization of digital entertainment to service providers and consumer electronics (CE) industry worldwide. The company has a P/E ratio of 153.5. Currently, there are 3 analysts who rate Rovi a buy, no analysts rate it a sell, and 5 rate it a hold.

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TheStreet Quant Ratings rates Rovi as a hold. The company's strengths can be seen in multiple areas, such as its increase in net income, revenue growth and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Rovi Ratings Report from TheStreet Quant Ratings now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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