Thomas Carson (Insider Trades), president and CEO of entertainment company Rovi Corp. (ROVI), purchased 10,000 shares of the company on July 6, 2015. The average price per share was $15.88, for a transaction total of $158,800. Rovi Corp. powers top entertainment brands worldwide by providing products through a cloud-based platform. Rovi has a market cap of 1.49 billion and a P/S ratio of 2.57.
Insider transactions with this company have been predominantly sells since January 2012; Carson’s two buys for a total of 25,000 shares were the only insider buys of Rovi Corp throughout the past three years. In comparison, Carson has sold 525,055 shares of this company in 32 transactions during the same period of time. Rovi CFO Peter Halt (Insider Trades), sold 3,284 shares of the company at an average price of $15.92 per share on July 2, 2015. Rovi COO and Executive Vice President John Burke (Insider Trades), also sold 4,259 shares of the company at an average price of $17.39 per share on May 4, 2015. Continue Reading »