Roku (NASDAQ:ROKU) CFO Dan Jedda Sells 3,000 Shares

Roku, Inc. (NASDAQ:ROKU) CFO Dan Jedda sold 3,000 shares of Roku stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $99.09, for a total value of $297,270.00. Following the sale, the chief financial officer directly owned 77,420 shares in the company, valued at approximately $7,671,547.80. The trade was a 3.73% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website.

Dan Jedda also recently made the following trade(s):

• On Wednesday, October 15th, Dan Jedda sold 3,000 shares of Roku stock. The shares were sold at an average price of $95.82, for a total value of $287,460.00.
• On Monday, September 15th, Dan Jedda sold 3,000 shares of Roku stock. The shares were sold at an average price of $94.52, for a total transaction of $283,560.00.

Roku Stock Up 3.2%

Shares of NASDAQ ROKU opened at $96.07 on Thursday. The stock has a market capitalization of $14.19 billion, a P/E ratio of -478.88 and a beta of 2.18. Roku, Inc. has a 52-week low of $52.43 and a 52-week high of $116.66. The stock’s 50 day moving average price is $99.53 and its two-hundred day moving average price is $89.05.

Roku (NASDAQ:ROKU) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.16 earnings per share for the quarter, topping the consensus estimate of $0.07 by $0.09. The firm had revenue of $1.21 billion for 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%. During the same quarter in the prior year, the business earned ($0.06) earnings per share. Roku’s quarterly revenue was up 14.0% on a year-over-year basis. Roku has set its Q4 2025 guidance at EPS. On average, analysts anticipate that Roku, Inc. will post -0.3 EPS for the current year.

Wall Street Analysts Forecast Growth

ROKU has been the topic of a number of analyst reports. Wedbush reaffirmed an “outperform” rating and issued a $110.00 price objective on shares of Roku in a report on Monday, October 27th. Raymond James Financial reissued a “market perform” rating on shares of Roku in a report on Friday, October 31st. Morgan Stanley reaffirmed an “underweight” rating on shares of Roku in a research note on Friday, October 31st. Weiss Ratings reissued a “sell (d-)” rating on shares of Roku in a research note on Wednesday, October 8th. Finally, Zacks Research upgraded shares of Roku from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $111.14.

Hedge Funds Weigh In On Roku

A number of hedge funds have recently added to or reduced their stakes in the company. Caerus Investment Advisors LLC acquired a new position in Roku during the third quarter valued at approximately $615,000. Captrust Financial Advisors raised its position in shares of Roku by 253.3% during the third quarter. Captrust Financial Advisors now owns 15,755 shares of the company’s stock valued at $1,578,000 after buying an additional 11,296 shares during the last quarter. Danske Bank A S bought a new stake in shares of Roku in the 3rd quarter worth approximately $456,000. Advisory Services Network LLC lifted its position in Roku by 85.7% in the third quarter. Advisory Services Network LLC now owns 41,136 shares of the company’s stock worth $4,119,000 after purchasing an additional 18,990 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its position in shares of Roku by 6.7% during the 3rd quarter. Kestra Private Wealth Services LLC now owns 8,143 shares of the company’s stock valued at $815,000 after acquiring an additional 512 shares in the last quarter. Institutional investors and hedge funds own 86.30% 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.