Convergence Investment Partners LLC Buys Shares of 24,887 Roku, Inc. $ROKU

Convergence Investment Partners LLC purchased a new position in shares of Roku, Inc. (NASDAQ:ROKU) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 24,887 shares of the company’s stock, valued at approximately $2,492,000.

Several other large investors also recently added to or reduced their stakes in the company. Empowered Funds LLC lifted its holdings in Roku by 18.6% during the first quarter. Empowered Funds LLC now owns 3,291 shares of the company’s stock valued at $232,000 after purchasing an additional 515 shares during the last quarter. Focus Partners Wealth bought a new stake in shares of Roku in the first quarter valued at approximately $229,000. QRG Capital Management Inc. raised its position in shares of Roku by 62.5% in the second quarter. QRG Capital Management Inc. now owns 5,800 shares of the company’s stock valued at $510,000 after purchasing an additional 2,231 shares during the period. O Keefe Stevens Advisory Inc. lifted its stake in shares of Roku by 23.3% during the 2nd quarter. O Keefe Stevens Advisory Inc. now owns 6,120 shares of the company’s stock valued at $538,000 after buying an additional 1,155 shares in the last quarter. Finally, Highland Capital Management LLC boosted its holdings in Roku by 153.2% in the 2nd quarter. Highland Capital Management LLC now owns 65,770 shares of the company’s stock worth $5,781,000 after buying an additional 39,797 shares during the period. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. Weiss Ratings reissued a “sell (d-)” rating on shares of Roku in a report on Thursday, January 22nd. Jefferies Financial Group upgraded Roku from a “hold” rating to a “buy” rating and boosted their price objective for the company from $100.00 to $135.00 in a research note on Thursday, December 11th. UBS Group increased their price objective on Roku from $95.00 to $103.00 and gave the stock a “neutral” rating in a report on Monday, November 3rd. Zacks Research lowered Roku from a “strong-buy” rating to a “hold” rating in a report on Tuesday, December 30th. Finally, Susquehanna reiterated a “positive” rating and set a $130.00 price target on shares of Roku in a research report on Friday, October 31st. Twenty-two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Roku presently has an average rating of “Moderate Buy” and a consensus price target of $118.79.

Roku News Roundup

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Zacks notes a hammer candlestick pattern and improving earnings-estimate revisions for ROKU, signalling the stock may have found near-term support and could be set up for a rebound if revisions continue. Here’s Why Roku (ROKU) Could be Great Choice for a Bottom Fisher
• Positive Sentiment: Another Zacks piece highlights Wall Street optimism and analyst interest in ROKU, which can support the stock if sentiment turns into upgrades or higher price targets. Wall Street Bulls Look Optimistic About Roku (ROKU): Should You Buy?
• Neutral Sentiment: Roku scheduled Q4 2025 results for Feb. 12 (after the close) with a webcast — an upcoming catalyst that often increases volatility as investors reposition. Roku to Announce Fourth Quarter 2025 Financial Results on Feb. 12, 2026
• Neutral Sentiment: Multiple consumer-tech stories (Lifehacker, MSN, Pocket-lint, Gizmodo) are highlighting new Roku UI features, user “hacks,” and ecosystem product promotions — positive for user engagement and brand visibility but likely modest near-term impact on shares. 12 Hacks Every Roku User Should Know Roku just quietly added a cheat code for finding something good to watch fast
• Negative Sentiment: Fundamentally Roku still posts negative margins and an expected full-year loss (consensus EPS remains negative), and the stock sits below the 50?day moving average and around the 200?day level — technical resistance combined with profit-taking ahead of earnings likely pressured the share price today.

Roku Trading Down 5.2%

Shares of NASDAQ ROKU opened at $95.20 on Monday. The business has a 50-day moving average of $105.24 and a 200-day moving average of $99.09. The firm has a market capitalization of $14.07 billion, a price-to-earnings ratio of -475.98 and a beta of 1.99. Roku, Inc. has a 12 month low of $52.43 and a 12 month high of $116.66.

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

Insider Activity

In other Roku news, insider Gilbert Fuchsberg sold 3,250 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $108.78, for a total transaction of $353,535.00. Following the sale, the insider owned 59,094 shares in the company, valued at $6,428,245.32. This trade represents a 5.21% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Matthew C. Banks sold 729 shares of Roku stock in a transaction dated Friday, January 2nd. The stock was sold at an average price of $109.04, for a total value of $79,490.16. Following the sale, the chief accounting officer directly owned 5,825 shares of the company’s stock, valued at approximately $635,158. This trade represents a 11.12% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 250,194 shares of company stock worth $26,511,472. Corporate insiders own 13.98% of the company’s stock.

Roku Company Profile

Roku, Inc (NASDAQ: ROKU) is a technology company that develops and operates a proprietary streaming platform designed to deliver entertainment content to consumers via internet-connected devices and smart televisions. Since its inception in 2002 in California, Roku has focused on simplifying access to streaming services for viewers worldwide. The company’s platform enables users to discover, access and manage a wide array of over-the-top content from major streaming services, free ad-supported channels and niche providers.

At the core of Roku’s product lineup are a range of streaming players and sticks, which connect to televisions via HDMI and deliver the Roku OS experience.