I can't believe it. Read some comments about ROVI and thought it might be a
Let me check the message board thought I.
An intelligent post reflecting my identical impressions.
According to a Form 4 filed with the SEC, Tom Carson directly purchased 15,000 shares of Rovi Corporation, where he serves as President and CEO, on September 25th. The average price of the shares, which Carson bought in line with a 10b5-1 plan, was $15
We had reported in July that Glenview Capital had 7.9 million shares of Rovi Corporation in its portfolio, which gave it ownership of 7% of the company’s shares outstanding and triggered its own filing with the SEC. Glenview is managed by Larry Robbins, who was a trader at Omega Advisors
Mariko Gordon’s Daruma Asset Management increased its stake in Rovi by 50% during the second quarter to a total of 2.4 million shares
Rovi Corporation is one of the most recent targets by Seth Klarman’s hedge fund, the Baupost Group. The track record of the Baupost Group warrants inspection of any new stocks they begin to acquire. The Baupost Group is fourth among hedge funds in net gains since its inception in 1983 and has an average annual return of 19% in aggregate.
Baupost initiated a position of 4.1 million shares in Rovi Corporation..