Roku, Inc. $ROKU Shares Bought by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. lifted its holdings in Roku, Inc. (NASDAQ:ROKU) by 32.2% in the 2nd quarter, Holdings Channel.com reports. The fund owned 5,749 shares of the company’s stock after buying an additional 1,401 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Roku were worth $505,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in ROKU. Banque Transatlantique SA acquired a new stake in shares of Roku in the first quarter worth $28,000. Beaird Harris Wealth Management LLC acquired a new stake in shares of Roku in the first quarter worth $30,000. Golden State Wealth Management LLC increased its position in shares of Roku by 125.4% in the first quarter. Golden State Wealth Management LLC now owns 444 shares of the company’s stock worth $31,000 after acquiring an additional 247 shares in the last quarter. JFS Wealth Advisors LLC increased its position in shares of Roku by 327.1% in the second quarter. JFS Wealth Advisors LLC now owns 457 shares of the company’s stock worth $40,000 after acquiring an additional 350 shares in the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new stake in shares of Roku in the first quarter worth $44,000. Institutional investors and hedge funds own 86.30% of the company’s stock.

Insiders Place Their Bets

In other Roku news, insider Mustafa Ozgen sold 50,527 shares of the firm’s stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $100.00, for a total transaction of $5,052,700.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charles Collier sold 112,961 shares of the firm’s stock in a transaction on Wednesday, October 1st. The stock was sold at an average price of $105.00, for a total transaction of $11,860,905.00. Following the transaction, the insider directly owned 200 shares of the company’s stock, valued at approximately $21,000. This represents a 99.82% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 328,331 shares of company stock valued at $32,640,556 in the last ninety days. Corporate insiders own 13.98% of the company’s stock.

Roku Price Performance

Shares of ROKU stock opened at $98.28 on Friday. The firm has a market cap of $14.48 billion, a P/E ratio of -234.00, a P/E/G ratio of 11.32 and a beta of 2.13. Roku, Inc. has a 1-year low of $52.43 and a 1-year high of $107.25. The firm has a fifty day moving average of $96.93 and a two-hundred day moving average of $83.46.

Roku (NASDAQ:ROKU) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.07 earnings per share for the quarter, topping the consensus estimate of ($0.16) by $0.23. The company had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. Roku had a negative net margin of 1.40% and a negative return on equity of 2.44%. The firm’s revenue for the quarter was up 14.7% compared to the same quarter last year. During the same period last year, the business earned ($0.18) EPS. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, sell-side analysts expect that Roku, Inc. will post -0.3 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Rosenblatt Securities raised their price target on shares of Roku from $75.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, August 1st. Bank of America raised their price target on shares of Roku from $100.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, July 3rd. Susquehanna raised their price target on shares of Roku from $85.00 to $110.00 and gave the company a “positive” rating in a report on Friday, August 1st. Wedbush reissued an “outperform” rating and issued a $100.00 price target on shares of Roku in a report on Monday, July 28th. Finally, Pivotal Research raised their price objective on Roku from $100.00 to $120.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $101.33.

Roku 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.