Aberdeen Group plc Boosts Stake in Roku, Inc. $ROKU

Aberdeen Group plc lifted its holdings in Roku, Inc. (NASDAQ:ROKU) by 76.1% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,803 shares of the company’s stock after buying an additional 2,508 shares during the quarter. Aberdeen Group plc’s holdings in Roku were worth $510,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Vanguard Group Inc. raised its holdings in shares of Roku by 2.1% in the first quarter. Vanguard Group Inc. now owns 12,503,595 shares of the company’s stock worth $880,753,000 after acquiring an additional 254,504 shares during the last quarter. Acadian Asset Management LLC grew its stake in shares of Roku by 456.7% in the first quarter. Acadian Asset Management LLC now owns 1,905,779 shares of the company’s stock valued at $134,222,000 after buying an additional 1,563,449 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in Roku by 21.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,581,097 shares of the company’s stock valued at $111,372,000 after purchasing an additional 284,323 shares in the last quarter. Charles Schwab Investment Management Inc. grew its stake in Roku by 3.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,028,332 shares of the company’s stock valued at $72,436,000 after purchasing an additional 37,465 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Roku by 6.0% during the 1st quarter. Northern Trust Corp now owns 755,762 shares of the company’s stock worth $53,236,000 after buying an additional 42,926 shares during the last quarter. 86.30% of the stock is currently owned by hedge funds and other institutional investors.

Roku Stock Performance

Shares of ROKU stock opened at $94.21 on Friday. The stock’s 50 day simple moving average is $96.01 and its 200 day simple moving average is $82.55. The company has a market capitalization of $13.88 billion, a price-to-earnings ratio of -224.31, a PEG ratio of 11.11 and a beta of 2.13. Roku, Inc. has a twelve month low of $52.43 and a twelve month high of $107.25.

Roku (NASDAQ:ROKU) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.07 EPS for the quarter, topping the consensus estimate of ($0.16) by $0.23. The company had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.07 billion. Roku had a negative return on equity of 2.44% and a negative net margin of 1.40%.The company’s revenue for the quarter was up 14.7% on a year-over-year basis. During the same period in the previous year, the business posted ($0.18) EPS. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts forecast that Roku, Inc. will post -0.3 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages recently issued reports on ROKU. Wall Street Zen raised Roku from a “hold” rating to a “buy” rating in a report on Sunday. Wedbush reaffirmed an “outperform” rating and set a $100.00 target price on shares of Roku in a report on Monday, July 28th. Piper Sandler lifted their target price on Roku from $65.00 to $84.00 and gave the stock a “neutral” rating in a report on Thursday, July 10th. UBS Group increased their price target on Roku from $72.00 to $95.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Finally, Wells Fargo & Company raised their price objective on Roku from $100.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $101.33.

Insider Activity at Roku

In related news, insider Mustafa Ozgen sold 50,527 shares of the business’s stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $100.00, for a total value of $5,052,700.00. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Dan Jedda sold 3,000 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $95.82, for a total value of $287,460.00. Following the completion of the sale, the chief financial officer directly owned 80,420 shares in the company, valued at approximately $7,705,844.40. This represents a 3.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 540,890 shares of company stock worth $52,833,661 in the last three months. Company insiders own 13.98% of the company’s stock.

Roku Company Profile

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.