Charles Collier Sells 112,961 Shares of Roku (NASDAQ:ROKU) Stock

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 112,961 shares of the company’s stock in a transaction that occurred on Wednesday, October 1st. The shares were sold at an average price of $105.00, for a total value of $11,860,905.00. Following the completion of the transaction, the insider directly owned 200 shares of the company’s stock, valued at approximately $21,000. This trade represents a 99.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website.

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

• On Thursday, September 4th, Charles Collier sold 10,269 shares of Roku stock. The shares were 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 stock was sold at an average price of $97.06, for a total value of $1,393,878.66.
• On Friday, August 22nd, Charles Collier sold 10,269 shares of Roku stock. The shares were sold at an average price of $95.00, for a total transaction of $975,555.00.
• On Monday, July 21st, Charles Collier sold 212,559 shares of Roku stock. The shares were sold at an average price of $95.00, for a total transaction of $20,193,105.00.

Roku Trading Up 0.0%

NASDAQ ROKU opened at $103.85 on Friday. Roku, Inc. has a 1-year low of $52.43 and a 1-year high of $105.45. The company has a 50 day moving average of $93.99 and a 200-day moving average of $81.03. The firm has a market cap of $15.30 billion, a price-to-earnings ratio of -247.26, a PEG ratio of 14.54 and a beta of 2.13.

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

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on the company. Pivotal Research lifted their price target on Roku from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 1st. JMP Securities reiterated a “market outperform” rating and set a $145.00 target price on shares of Roku in a research report on Thursday. Guggenheim increased their price target on shares of Roku from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Friday, August 1st. Citigroup boosted their price objective on shares of Roku from $85.00 to $100.00 and gave the stock a “neutral” rating in a research report on Thursday, September 18th. Finally, Rosenblatt Securities increased their price objective on Roku from $75.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, August 1st. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $101.33.

Hedge Funds Weigh In On Roku

Several institutional investors and hedge funds have recently modified their holdings of the business. Tableaux LLC bought a new stake in Roku during the 2nd quarter worth approximately $1,746,000. Acadian Asset Management LLC increased its position in shares of Roku by 456.7% during the first quarter. Acadian Asset Management LLC now owns 1,905,779 shares of the company’s stock worth $134,222,000 after acquiring an additional 1,563,449 shares in the last quarter. Duquesne Family Office LLC raised its holdings in shares of Roku by 123.0% during the second quarter. Duquesne Family Office LLC now owns 1,100,500 shares of the company’s stock worth $96,723,000 after acquiring an additional 606,900 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Roku by 38,431.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 489,353 shares of the company’s stock valued at $34,470,000 after acquiring an additional 488,083 shares in the last quarter. Finally, AQR Capital Management LLC boosted its stake in Roku by 491.5% in the 1st quarter. AQR Capital Management LLC now owns 562,027 shares of the company’s stock worth $38,943,000 after purchasing an additional 467,005 shares during the period. 86.30% of the stock is currently owned by institutional investors and hedge funds.

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.