Anthony Wood Sells 25,000 Shares of Roku (NASDAQ:ROKU) Stock

Roku, Inc. (NASDAQ:ROKUGet Free Report) CEO Anthony Wood sold 25,000 shares of the business’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $94.01, for a total value of $2,350,250.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Roku Stock Performance

Shares of NASDAQ:ROKU opened at $98.58 on Thursday. Roku, Inc. has a fifty-two week low of $52.43 and a fifty-two week high of $107.25. The business has a 50-day simple moving average of $95.55 and a two-hundred day simple moving average of $82.14. The firm has a market cap of $14.52 billion, a price-to-earnings ratio of -234.71, a price-to-earnings-growth ratio of 11.13 and a beta of 2.13.

Roku (NASDAQ:ROKUGet Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.23. Roku had a negative return on equity of 2.44% and a negative net margin of 1.40%.The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the firm earned ($0.18) EPS. Roku’s revenue was up 14.7% on a year-over-year basis. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, research analysts predict that Roku, Inc. will post -0.3 earnings per share for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in ROKU. GAMMA Investing LLC grew its stake in shares of Roku by 103.6% during the 1st quarter. GAMMA Investing LLC now owns 959 shares of the company’s stock valued at $68,000 after acquiring an additional 488 shares during the period. Assenagon Asset Management S.A. bought a new position in Roku in the 1st quarter worth approximately $2,292,000. Simon Quick Advisors LLC bought a new position in Roku in the 1st quarter worth approximately $211,000. Wealth Enhancement Advisory Services LLC boosted its stake in Roku by 72.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 10,747 shares of the company’s stock worth $757,000 after purchasing an additional 4,522 shares during the period. Finally, QRG Capital Management Inc. boosted its stake in Roku by 14.3% in the 1st quarter. QRG Capital Management Inc. now owns 3,569 shares of the company’s stock worth $251,000 after purchasing an additional 447 shares during the period. 86.30% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have weighed in on ROKU shares. Guggenheim boosted their target price on Roku from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. JMP Securities reaffirmed a “market outperform” rating and set a $145.00 price target on shares of Roku in a research report on Thursday, October 2nd. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Roku in a research report on Wednesday, October 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $110.00 price target on shares of Roku in a research report on Wednesday, October 1st. Finally, Citigroup upped their price target on shares of Roku from $85.00 to $100.00 and gave the company a “neutral” rating in a research report on Thursday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $101.33.

Get Our Latest Stock Analysis on ROKU

Roku Company Profile

(Get Free Report)

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

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Insider Buying and Selling by Quarter for Roku (NASDAQ:ROKU)

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