Roku (NASDAQ:ROKU) Insider Sells $1,364,151.39 in Stock

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 14,361 shares of the stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $94.99, for a total value of $1,364,151.39. Following the completion of the sale, the insider owned 200 shares in the company, valued at approximately $18,998. The trade was a 98.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Charles Collier also recently made the following trade(s):

• On Tuesday, November 4th, Charles Collier sold 15,404 shares of Roku stock. The shares were sold at an average price of $104.71, for a total value of $1,612,952.84.
• On Friday, October 31st, Charles Collier sold 118,088 shares of Roku stock. The stock was sold at an average price of $115.00, for a total value of $13,580,120.00.
• On Monday, October 6th, Charles Collier sold 15,404 shares of Roku stock. The stock was sold at an average price of $103.31, for a total value of $1,591,387.24.
• On Wednesday, October 1st, Charles Collier sold 112,961 shares of Roku stock. The shares were sold at an average price of $105.00, for a total transaction of $11,860,905.00.
• On Thursday, September 4th, Charles Collier sold 10,269 shares of Roku stock. The stock was sold at an average price of $99.14, for a total transaction of $1,018,068.66.
• On Wednesday, September 3rd, Charles Collier sold 14,361 shares of Roku stock. The shares were sold at an average price of $97.06, for a total transaction of $1,393,878.66.
• On Friday, August 22nd, Charles Collier sold 10,269 shares of Roku stock. The stock was sold at an average price of $95.00, for a total transaction of $975,555.00.

Roku Stock Performance

Shares of NASDAQ:ROKU opened at $93.32 on Friday. The firm’s 50 day simple moving average is $99.40 and its 200-day simple moving average is $89.29. Roku, Inc. has a one year low of $52.43 and a one year high of $116.66. The firm has a market cap of $13.79 billion, a PE ratio of -466.58 and a beta of 2.18.

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

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of ROKU. AQR Capital Management LLC lifted its position in Roku by 275.5% during the third quarter. AQR Capital Management LLC now owns 2,586,125 shares of the company’s stock valued at $258,897,000 after acquiring an additional 1,897,407 shares during the last quarter. Tableaux LLC acquired a new position in shares of Roku during the second quarter worth $1,746,000. Acadian Asset Management LLC lifted its holdings in shares of Roku by 456.7% during the 1st quarter. Acadian Asset Management LLC now owns 1,905,779 shares of the company’s stock valued at $134,222,000 after purchasing an additional 1,563,449 shares during the last quarter. Holocene Advisors LP boosted its position in shares of Roku by 352.3% in the 3rd quarter. Holocene Advisors LP now owns 1,650,448 shares of the company’s stock worth $165,259,000 after purchasing an additional 1,285,585 shares in the last quarter. Finally, Duquesne Family Office LLC grew its stake in Roku by 123.0% during the 2nd quarter. Duquesne Family Office LLC now owns 1,100,500 shares of the company’s stock worth $96,723,000 after buying an additional 606,900 shares during the last quarter. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on ROKU shares. Morgan Stanley restated an “underweight” rating on shares of Roku in a research note on Friday, October 31st. Wall Street Zen raised shares of Roku from a “hold” rating to a “buy” rating in a research report on Sunday, October 19th. Evercore ISI restated a “positive” rating on shares of Roku in a report on Friday, October 31st. Wells Fargo & Company increased their price objective on shares of Roku from $113.00 to $116.00 and gave the company an “overweight” rating in a research note on Friday, October 31st. Finally, Rosenblatt Securities lifted their price objective on shares of Roku from $101.00 to $106.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $111.14.

About Roku

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.