EVP & CFO of Rovi Corp. (ROVI) James Budge sells 44,145 shares of ROVI on 03/02/2011 at an average price of $54.21 a share.

Rovi Corp. has a market cap of $6.02 billion; its shares were traded at around $56.73 with a P/E ratio of 31.7 and P/S ratio of 11.2. Rovi Corp. had an annual average earning growth of 2.3% over the past 10 years.

Hedge Fund Gurus that owns ROVI: Stanley Druckenmiller of Duquesne Capital Management, LLC, George Soros of Soros Fund Management LLC. Mutual Fund and Other Gurus that owns ROVI: RS Investment Management, Pioneer Investments, PRIMECAP Management, Mario Gabelli of GAMCO Investors, Jean-Marie Eveillard of First Eagle Investment Management, LLC, Jeremy Grantham of GMO LLC.

This is the annual revenues and earnings per share of ROVI over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of ROVI.

CEO Recent Trades:

• Sell: President and CEO Alfred J Amoroso sold 96,461 shares of ROVI stock on 03/01/2011 at the average price of 54.87. Alfred J Amoroso owns at least 106,938 shares after this. The price of the stock has increased by 3.39% since.
• Sell: President and CEO Alfred J Amoroso sold 33,957 shares of ROVI stock on 02/01/2011 at the average price of 60.95. Alfred J Amoroso owns at least 169,438 shares after this. The price of the stock has decreased by 6.92% since.
• Sell: President and CEO Alfred J Amoroso sold 33,957 shares of ROVI stock on 01/03/2011 at the average price of 62.83. Alfred J Amoroso owns at least 167,500 shares after this. The price of the stock has decreased by 9.71% since.
• Sell: President and CEO Alfred J Amoroso sold 529,463 shares of ROVI stock on 12/17/2010 at the average price of 57.19. Alfred J Amoroso owns at least 167,500 shares after this. The price of the stock has decreased by 0.8% since.
• Sell: President and CEO Alfred J Amoroso sold 200,000 shares of ROVI stock on 10/04/2010 at the average price of 49.33. Alfred J Amoroso owns at least 262,479 shares after this. The price of the stock has increased by 15% since.

CFO Recent Trades:

• Sell: EVP & CFO James Budge sold 10,833 shares of ROVI stock on 02/02/2011 at the average price of 62.7. James Budge owns at least 35,262 shares after this. The price of the stock has decreased by 9.52% since.
• Sell: EVP & CFO James Budge sold 29,583 shares of ROVI stock on 01/06/2011 at the average price of 64.55. James Budge owns at least 33,325 shares after this. The price of the stock has decreased by 12.11% since.
• Sell: EVP & CFO James Budge sold 28,749 shares of ROVI stock on 12/02/2010 at the average price of 54.64. James Budge owns at least 33,325 shares after this. The price of the stock has increased by 3.83% since.

This is the insider trade history vs. stock price of ROVI. For the complete insider trading history of ROVI, click here.

Directors and Officers Recent Trades:

• Sell: EVP, WW Sales and Services Tom Carson sold 42,416 shares of ROVI stock on 03/03/2011 at the average price of 54.89. Tom Carson owns at least 44,000 shares after this. The price of the stock has increased by 3.35% since.
• Sell: Director Shaughnessy James P O sold 20,334 shares of ROVI stock on 02/10/2011 at the average price of 64.63. The price of the stock has decreased by 12.22% since.
• Sell: EVP & General Counsel Stephen Yu sold 15,000 shares of ROVI stock on 02/08/2011 at the average price of 64.53. Stephen Yu owns at least 25,353 shares after this. The price of the stock has decreased by 12.09% since.
• Sell: EVP, WW Sales and Services Tom Carson sold 2,980 shares of ROVI stock on 02/01/2011 at the average price of 60.92. Tom Carson owns at least 13,500 shares after this. The price of the stock has decreased by 6.88% since.
• Sell: EVP, WW Sales and Services Tom Carson sold 1,041 shares of ROVI stock on 01/03/2011 at the average price of 62.33. Tom Carson owns at least 13,500 shares after this. The price of the stock has decreased by 8.98% since.

For the complete insider trading history of ROVI, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

More Gurufocus Links

Latest Guru Picks	Value Strategies
Warren Buffett Portfolio	Ben Graham Net-Net
Real Time Picks	Buffett-Munger Screener
Aggregated Portfolio	Undervalued Predictable
ETFs, Options	Low P/S Companies
Insider Trends	10-Year Financials
52-Week Lows	Interactive Charts
Model Portfolios	DCF Calculator
RSS Feed	Monthly Newsletters
The All-In-One Screener	Portfolio Tracking Tool