Key Points
- CFO Dan Jedda sold 3,000 Roku shares on Nov. 17 at an average price of $99.09 for $297,270, leaving him with 77,420 shares (a ~3.73% reduction, holding value ≈ $7.67M).
- This sale continues a pattern of insider disposals—Jedda also sold 3,000 shares in October and 3,000 shares in September at similar prices.
- Roku beat Q3 EPS estimates ($0.16 vs. $0.07) and saw revenue rise 14% year-over-year to $1.21B, while analysts on average expect roughly -0.3 EPS for the fiscal year and institutional ownership is about 86.3%.
Roku, Inc. (NASDAQ:ROKU - Get Free Report) CFO Dan Jedda sold 3,000 shares of the company's stock in a transaction on Monday, November 17th. The stock was sold at an average price of $99.09, for a total value of $297,270.00. Following the transaction, the chief financial officer directly owned 77,420 shares in the company, valued at approximately $7,671,547.80. This represents a 3.73% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through 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 transaction 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 Price Performance
Shares of Roku stock opened at $96.07 on Thursday. Roku, Inc. has a 1 year low of $52.43 and a 1 year high of $116.66. The business has a 50-day moving average of $99.53 and a two-hundred day moving average of $89.05. The company has a market capitalization of $14.19 billion, a P/E ratio of -478.88 and a beta of 2.18.
Roku (NASDAQ:ROKU - Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.09. The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.21 billion. Roku had a negative net margin of 0.61% and a negative return on equity of 1.08%. The firm's revenue was up 14.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.06) earnings per share. Roku has set its Q4 2025 guidance at EPS. On average, equities analysts anticipate that Roku, Inc. will post -0.3 EPS for the current fiscal year.
Institutional Trading of Roku
Large investors have recently made changes to their positions in the company. AQR Capital Management LLC boosted its stake in shares of Roku by 275.5% in the 3rd quarter. AQR Capital Management LLC now owns 2,586,125 shares of the company's stock worth $258,897,000 after buying an additional 1,897,407 shares during the last quarter. Tableaux LLC purchased a new position in Roku in the 2nd quarter valued at approximately $1,746,000. Acadian Asset Management LLC raised its stake 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 period. Holocene Advisors LP boosted its position in shares of Roku by 352.3% in the third quarter. Holocene Advisors LP now owns 1,650,448 shares of the company's stock valued at $165,259,000 after acquiring an additional 1,285,585 shares during the period. Finally, Duquesne Family Office LLC boosted its holdings in Roku by 123.0% in the 2nd quarter. Duquesne Family Office LLC now owns 1,100,500 shares of the company's stock valued at $96,723,000 after purchasing an additional 606,900 shares during the period. 86.30% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the company. Raymond James Financial reiterated a "market perform" rating on shares of Roku in a research note on Friday, October 31st. Wedbush reiterated an "outperform" rating and set a $110.00 target price on shares of Roku in a research report on Monday, October 27th. UBS Group lifted their price objective on shares of Roku from $95.00 to $103.00 and gave the company a "neutral" rating in a research note on Monday, November 3rd. Rosenblatt Securities raised their price target on shares of Roku from $101.00 to $106.00 and gave the company a "neutral" rating in a research note on Friday, October 31st. Finally, Susquehanna reaffirmed a "positive" rating and issued a $130.00 price objective on shares of Roku in a research note on Friday, October 31st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $111.14.
Check Out Our Latest Report on ROKU
Roku Company Profile
(
Get Free Report)
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.
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