Tableaux LLC Takes $1.75 Million Position in Roku, Inc. $ROKU

Tableaux LLC acquired a new position in Roku, Inc. (NASDAQ:ROKU) during the second quarter, Holdings Channel reports. The firm acquired 1,887,000 shares of the company’s stock, valued at approximately $1,746,000.

Several other large investors have also bought and sold shares of the company. Vanguard Group Inc. raised its position in Roku by 1.4% in the second quarter. Vanguard Group Inc. now owns 12,675,816 shares of the company’s stock worth $1,114,077,000 after acquiring an additional 172,221 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of Roku by 41.2% during the 2nd quarter. Acadian Asset Management LLC now owns 2,691,643 shares of the company’s stock valued at $236,545,000 after purchasing an additional 785,864 shares in the last quarter. Jacobs Levy Equity Management Inc. grew its stake in shares of Roku by 21.9% in the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,581,097 shares of the company’s stock worth $111,372,000 after purchasing an additional 284,323 shares during the last quarter. Jupiter Asset Management Ltd. raised its holdings in shares of Roku by 44.2% in the 2nd quarter. Jupiter Asset Management Ltd. now owns 1,062,416 shares of the company’s stock worth $93,376,000 after purchasing an additional 325,890 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Roku by 3.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 1,028,332 shares of the company’s stock worth $72,436,000 after purchasing an additional 37,465 shares in the last quarter. Institutional investors own 86.30% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Zacks Research upgraded shares of Roku from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. Evercore ISI reiterated a “positive” rating on shares of Roku in a research report on Friday, October 31st. Wedbush restated an “outperform” rating and issued a $110.00 target price on shares of Roku in a report on Monday, October 27th. Citigroup boosted their target price on Roku from $85.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, September 18th. Finally, Pivotal Research upped their target price on Roku from $120.00 to $135.00 and gave the company a “buy” rating in a report on Monday, November 3rd. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, Roku has a consensus rating of “Moderate Buy” and an average target price of $111.14.

Roku Price Performance

NASDAQ:ROKU opened at $93.32 on Friday. Roku, Inc. has a fifty-two week low of $52.43 and a fifty-two week high of $116.66. The stock’s 50-day moving average is $99.40 and its two-hundred day moving average is $89.29. The stock has a market cap of $13.79 billion, a PE ratio of -466.58 and a beta of 2.18.

Roku (NASDAQ:ROKU) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.09. The business had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.21 billion. Roku had a negative net margin of 0.61% and a negative return on equity of 1.08%. The firm’s revenue was up 14.0% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.06) earnings per share. Roku has set its Q4 2025 guidance at EPS. On average, equities research analysts anticipate that Roku, Inc. will post -0.3 earnings per share for the current year.

Insider Activity at Roku

In other news, CFO Dan Jedda sold 3,000 shares of the business’s stock in a transaction on Monday, November 17th. The shares were sold at an average price of $99.09, for a total transaction of $297,270.00. Following the transaction, the chief financial officer directly owned 77,420 shares in the company, valued at $7,671,547.80. The trade was a 3.73% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Neil D. Hunt sold 2,000 shares of the company’s stock in a transaction on Wednesday, November 5th. The stock was sold at an average price of $106.61, for a total transaction of $213,220.00. Following the completion of the transaction, the director directly owned 7,782 shares in the company, valued at $829,639.02. This trade represents a 20.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 515,274 shares of company stock worth $53,880,874. 13.98% of the stock is currently owned by company insiders.

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.