TiVo's CEO Unloading His TiVo Stock

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A public report filed with the Security and Exchange Commission on April 13, 2015 shared that Thomas Rogers, the President and CEO of TiVo Inc. (NASDAQ:TIVO) 11.11 +0.14 1.28%, computer and electronic product manufacturing’s company sold 37,455 shares. With average market price per share of $11.1 the significant transaction’s value is $415,706 U.S Dollars. Thomas is trying to silently decrease his company’s share, same as he did in the last 30 days. He sold another 149,810 shares worth $1,603,436 USD. Obviously, the trade attracted interest, as Mr. Thomas today has 1.85 million shares, accounting for 1.91% of the Company’s stock market capitalization.