The CFO of Rovi Corporation (NASDAQ: ROVI) is Selling Shares

On Friday, the CFO of Rovi Corporation (NASDAQ: ROVI), Peter Halt, sold shares of ROVI for $12.4k.

In addition to Peter Halt, 2 other ROVI executives reported Sell trades in the last month.

The company has a one year high of $26.44 and a one year low of $9.21. Currently, Rovi has an average volume of 743.8k.

Based on 3 analyst ratings, the analyst consensus is Strong Buy with an average price target of $24.17, reflecting a -55.6% downside.

Looking at blogger coverage of ROVI, there is a 66% Bullish tendency on the stock, in relation to a 67% average bullish tendency within the Technology sector.

In the last 30 days, insiders have sold $20.33k worth of ROVI shares and purchased $268.3k worth of ROVI shares. Over the last 3 months, the insider sentiment on Rovi has been positive based on 23 corporate insider transactions. This sentiment is slightly higher than the average sector sentiment of insiders.

Rovi Corp is engaged in the of discovery, delivery, display and monetization of digital entertainment by providing a broad set of integrated solutions.