Banque Transatlantique SA Takes Position in Roku, Inc. $ROKU

Banque Transatlantique SA bought a new stake in shares of Roku, Inc. (NASDAQ:ROKU) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 437 shares of the company’s stock, valued at approximately $28,000.

A number of other large investors have also recently modified their holdings of ROKU. Cetera Investment Advisers boosted its stake in shares of Roku by 6.3% during the 4th quarter. Cetera Investment Advisers now owns 43,085 shares of the company’s stock valued at $3,203,000 after purchasing an additional 2,545 shares in the last quarter. Deutsche Bank AG lifted its position in Roku by 46.1% during the 4th quarter. Deutsche Bank AG now owns 331,682 shares of the company’s stock valued at $24,657,000 after acquiring an additional 104,723 shares during the period. Graham Capital Management L.P. lifted its position in Roku by 374.0% during the 4th quarter. Graham Capital Management L.P. now owns 46,804 shares of the company’s stock valued at $3,479,000 after acquiring an additional 36,929 shares during the period. Jacobs Levy Equity Management Inc. lifted its position in Roku by 505.3% during the 4th quarter. Jacobs Levy Equity Management Inc. now owns 1,296,774 shares of the company’s stock valued at $96,402,000 after acquiring an additional 1,082,548 shares during the period. Finally, J. Goldman & Co LP lifted its position in Roku by 973.1% during the 4th quarter. J. Goldman & Co LP now owns 354,326 shares of the company’s stock valued at $26,341,000 after acquiring an additional 321,307 shares during the period. Institutional investors own 86.30% of the company’s stock.

Insider Activity at Roku

In other news, CFO Dan Jedda sold 3,000 shares of Roku stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $89.07, for a total value of $267,210.00. Following the completion of the sale, the chief financial officer directly owned 73,132 shares in the company, valued at $6,513,867.24. The trade was a 3.94% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Charles Collier sold 10,269 shares of Roku stock in a transaction that occurred on Thursday, September 4th. The stock was sold at an average price of $99.14, for a total transaction of $1,018,068.66. Following the completion of the sale, the insider owned 200 shares of the company’s stock, valued at $19,828. This represents a 98.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 343,588 shares of company stock valued at $31,759,978. Insiders own 13.98% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the stock. Guggenheim lifted their price target on shares of Roku from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Loop Capital raised shares of Roku from a “hold” rating to a “buy” rating and lifted their price target for the company from $80.00 to $100.00 in a research report on Tuesday, June 17th. Wells Fargo & Company lifted their price target on shares of Roku from $100.00 to $113.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. KeyCorp lifted their price target on shares of Roku from $115.00 to $116.00 and gave the company an “overweight” rating in a research report on Friday, August 1st. Finally, Pivotal Research lifted their target price on shares of Roku from $100.00 to $120.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Roku has a consensus rating of “Moderate Buy” and an average target price of $98.96.

Roku Stock Performance

Shares of Roku stock opened at $95.24 on Friday. The stock has a market capitalization of $14.03 billion, a PE ratio of -226.76, a price-to-earnings-growth ratio of 13.33 and a beta of 2.05. Roku, Inc. has a 52-week low of $52.43 and a 52-week high of $104.96. The company has a 50-day simple moving average of $90.15 and a two-hundred day simple moving average of $78.18.

Roku (NASDAQ:ROKU) last issued its earnings results on Thursday, July 31st. The company reported $0.07 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.16) by $0.23. Roku had a negative net margin of 1.40% and a negative return on equity of 2.44%. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same period in the previous year, the company earned ($0.18) earnings per share. The business’s revenue for the quarter was up 14.7% compared to the same quarter last year. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts forecast that Roku, Inc. will post -0.3 EPS for the current fiscal year.

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.