Roku, Inc. (NASDAQ:ROKU) Shares Acquired by Blair William & Co. IL

Blair William & Co. IL lifted its position in shares of Roku, Inc. (NASDAQ:ROKU) by 11.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 203,165 shares of the company’s stock after purchasing an additional 21,516 shares during the period. Blair William & Co. IL’s holdings in Roku were worth $67,455,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the company. Flagship Harbor Advisors LLC increased its position in Roku by 1.7% in the 4th quarter. Flagship Harbor Advisors LLC now owns 1,413 shares of the company’s stock valued at $469,000 after acquiring an additional 24 shares during the period. Hartford Financial Management Inc. increased its position in Roku by 14.6% in the 4th quarter. Hartford Financial Management Inc. now owns 236 shares of the company’s stock valued at $78,000 after acquiring an additional 30 shares during the period. Capital Investment Advisory Services LLC increased its position in Roku by 3.6% in the 4th quarter. Capital Investment Advisory Services LLC now owns 1,450 shares of the company’s stock valued at $481,000 after acquiring an additional 51 shares during the period. Parallel Advisors LLC increased its position in Roku by 10.7% in the 4th quarter. Parallel Advisors LLC now owns 539 shares of the company’s stock valued at $179,000 after acquiring an additional 52 shares during the period. Finally, Nisa Investment Advisors LLC increased its position in Roku by 5.0% in the 4th quarter. Nisa Investment Advisors LLC now owns 1,260 shares of the company’s stock valued at $418,000 after acquiring an additional 60 shares during the period. Institutional investors and hedge funds own 64.15% of the company’s stock.

ROKU stock opened at $416.15 on Tuesday. Roku, Inc. has a 1 year low of $58.22 and a 1 year high of $486.72. The company has a debt-to-equity ratio of 0.07, a quick ratio of 3.16 and a current ratio of 3.29. The stock’s 50 day moving average price is $422.37 and its 200 day moving average price is $276.72. The firm has a market cap of $52.82 billion, a P/E ratio of -520.57 and a beta of 1.95.

Roku (NASDAQ:ROKU) last posted its earnings results on Thursday, February 18th. The company reported $0.49 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.05) by $0.54. Roku had a negative return on equity of 11.15% and a negative net margin of 6.53%. On average, research analysts predict that Roku, Inc. will post -0.78 earnings per share for the current year.

Several equities analysts recently issued reports on ROKU shares. Citigroup Inc. 3% Minimum Coupon Principal Protected Based Upon Russell boosted their price target on Roku from $375.00 to $460.00 and gave the company a “buy” rating in a research report on Monday, January 11th. JPMorgan Chase & Co. boosted their price target on Roku from $475.00 to $525.00 and gave the company an “overweight” rating in a research report on Friday. Macquarie boosted their target price on Roku from $275.00 to $460.00 and gave the stock an “outperform” rating in a research report on Tuesday, January 12th. They noted that the move was a valuation call. Benchmark boosted their target price on Roku from $410.00 to $600.00 and gave the stock a “buy” rating in a research report on Friday. Finally, Needham & Company LLC boosted their target price on Roku from $400.00 to $550.00 and gave the stock a “buy” rating in a research report on Friday. One investment analyst has rated the stock with a sell rating, seven have given a hold rating and seventeen have given a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $371.74.

In other news, Director Mai Fyfield sold 306 shares of the company’s stock in a transaction on Monday, January 25th. The stock was sold at an average price of $430.73, for a total transaction of $131,803.38. Following the completion of the sale, the director now directly owns 306 shares in the company, valued at approximately $131,803.38. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Anthony J. Wood sold 300,000 shares of the company’s stock in a transaction on Monday, February 8th. The stock was sold at an average price of $438.18, for a total value of $131,454,000.00. Following the sale, the chief executive officer now owns 300,000 shares of the company’s stock, valued at $131,454,000. The disclosure for this sale can be found here. In the last ninety days, insiders sold 826,757 shares of company stock worth $296,324,957. 22.70% of the stock is owned by corporate insiders.

About Roku

Roku, Inc, together with its subsidiaries, operates a TV streaming platform. The company operates in two segments, Platform and Player. Its platform allows users to discover and access various movies and TV episodes, as well as live sports, music, news, and others. As of December 31, 2019, the company had 36.9 million active accounts.

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Institutional Ownership by Quarter for Roku (NASDAQ:ROKU)

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