TiVo Inc. (TIVO): An Insider Is Buying, Should You?

Page 1 of 2

If a TiVo Inc. (NASDAQ:TIVO) insider is buying, should you follow?

In the eyes of many of your fellow readers, hedge funds are seen as overrated, old investment vehicles of an era lost to time. Although there are more than 8,000 hedge funds with their doors open today, this site aim at the crème de la crème of this club, around 525 funds. It is assumed that this group has its hands on the majority of all hedge funds’ total assets, and by monitoring their highest quality picks, we’ve come up with a number of investment strategies that have historically outstripped the broader indices. Our small-cap hedge fund strategy outperformed the S&P 500 index by 18 percentage points a year for a decade in our back tests, and since we’ve started sharing our picks with our subscribers at the end of August 2012, we have outclassed the S&P 500 index by 33 percentage points in 11 months (find a sample of our picks).

Equally as necessary, bullish insider trading activity is a second way to look at the financial markets. Just as you’d expect, there are lots of reasons for a bullish insider to cut shares of his or her company, but just one, very simple reason why they would buy. Plenty of academic studies have demonstrated the valuable potential of this method if piggybackers understand where to look (learn more here).

TiVo Inc.

Now that that’s out of the way, we’re going to analyze the latest info surrounding TiVo Inc. (NASDAQ:TIVO).

What have hedge funds been doing with TiVo Inc. (NASDAQ:TIVO)?

Heading into Q3, a total of 27 of the hedge funds we track were long in this stock, a change of 0% from one quarter earlier. With hedge funds’ sentiment swirling, there exists an “upper tier” of key hedge fund managers who were increasing their stakes substantially.

As TiVo Inc. (NASDAQ:TIVO) has witnessed declining interest from upper-tier hedge fund managers, it’s safe to say that there lies a certain “tier” of fund managers who sold off their full holdings heading into Q2. Interestingly, Scott Fine and Peter Richards’s Empire Capital Management sold off the biggest stake of the 450+ funds we watch, comprising about $45.5 million in stock. Mark Kingdon’s fund, Kingdon Capital, also said goodbye to its stock, about $23.5 million worth. These moves are important to note, as aggregate hedge fund interest stayed the same (this is a bearish signal in our experience).

How have insiders been trading TiVo Inc. (NASDAQ:TIVO)?

Insider buying made by high-level executives is most useful when the company in focus has experienced transactions within the past 180 days. Over the last six-month time period, TiVo Inc. (NASDAQ:TIVO) has experienced 1 unique insiders buying, and 5 insider sales (see the details of insider trades here).

We’ll also examine the relationship between both of these indicators in other stocks similar to TiVo Inc. (NASDAQ:TIVO). These stocks are Charter Communications, Inc. (NASDAQ:CHTR), Net Servicos de Comunicacao SA (ADR) (NASDAQ:NETC), AMC Networks Inc (NASDAQ:AMCX), Cablevision Systems Corporation (NYSE:CVC), and Crown Media Holdings, Inc (NASDAQ:CRWN). This group of stocks are the members of the catv systems industry and their market caps resemble TIVO’s market cap.

Page 1 of 2
blog comments powered by Disqus
Insider Monkey Headlines
Insider Monkey Small Cap Strategy
Insider Monkey Small Cap Strategy

Insider Monkey beat the market by 52 percentage points in 24 months Click to see monthly returns in table format!

Lists

10 Top Reasons For Getting Fired

The 3 Best States to Start an LLC

10 Jobs That Allow You to Travel

7 High-Paying Jobs You Can Do From Home

12 Best Cities to Shop in USA

10 Best States To Practice Medicine

The 10 Best States to Have a Business

The 12 Most Expensive Apple (AAPL) Apps in the Market

The 10 Richest Billionaires in the World

10 Biggest Kickstarter Failures

The 10 Best Places to Work At

The Top 10 of Google Inc (GOOGL)’s Most Expensive Acquisitions

13 Best Cities to Visit in South America

10 Most Expensive Works of Art of All Time

The 10 Richest Banks in the World

The 10 Best-Paying Jobs in America (2014)

7 Most Expensive Foods in the World

The World’s Top 10 Earning Authors

Five Wicked and Very Expensive Items (and Other “Stuff”) Sold on eBay

10 Biggest Celebrity Bankruptcies

The Top 10 Highest Paid CEOs in 2014

The 10 Most Expensive Real Estate Cities in America

10 Most Expensive States To Live In America

The 10 Best Airlines in the World

The 10 Best-Selling Cars in 2014

The 10 Best Industries to Invest In

The 10 Most Expensive States to Own a Car In

Top 10 Business Schools in US: 2014 Rankings

Top 20 Female Billionaires in 2014

6 Movies That You Should Watch to Better Understand The Cold War

Top 15 Best Paying Jobs for Women in 2014

Top 6 Things Rich People Do Differently Every Day

5 Retirement Mistakes To Avoid (and Einstein’s Famous Quote)

11 Smartest People in the World

6 Films About the Financial World You Need To Watch (While “The Wolf” is Not Around)

Warren Buffett and Billionaires Are Crazy About These 7 Stocks

The Top 10 States With Fastest Internet Speeds

10 Best Places to Visit in USA in August

Top 10 Cities to Visit Before You Die

Top 10 Genetically Modified Food In the US

15 Highest Grossing Movies Opening Weekend

5 Best Poker Books For Beginners

10 Strategies Hedge Funds Use to Make Huge Returns

Top 10 Fast Food Franchises to Buy

10 Best Places to Visit in Canada

Best Summer Jobs for Teachers

10 Youngest Hedge Fund Billionaires

Top 10 One Hit Wonders of the 90s

Fastest Growing Cities In America

Top 10 U.S. Cities for Freelancers

Subscribe

Enter your email:

Delivered by FeedBurner

X

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 47.6% in its first year! Wondering How?

Download a complete edition of our newsletter for free!