Key Points
- CFO Dan Jedda sold 3,000 shares of Roku on December 15 at an average price of $107.44 for $322,320, reducing his stake by about 3.22% to 90,267 shares (worth ≈ $9.7M).
- Jedda has been consistently trimming holdings—he also sold 3,000 shares on November 17 at $99.09 and 3,000 on October 15 at $95.82—indicating a pattern of recent insider sales.
- Roku shares trade around $109 with a 50‑day/200‑day SMA of $99.26/$93.08, a 52‑week range of $52.43–$116.66, a $16.11B market cap, and a consensus analyst rating of “Moderate Buy” with a $116.09 price target.
Roku, Inc. (NASDAQ:ROKU - Get Free Report) CFO Dan Jedda sold 3,000 shares of Roku stock in a transaction dated Monday, December 15th. The stock was sold at an average price of $107.44, for a total value of $322,320.00. Following the transaction, the chief financial officer owned 90,267 shares in the company, valued at approximately $9,698,286.48. This represents a 3.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website.
Dan Jedda also recently made the following trade(s):
- On Monday, November 17th, Dan Jedda sold 3,000 shares of Roku stock. The stock was sold at an average price of $99.09, for a total value of $297,270.00.
- On Wednesday, October 15th, Dan Jedda sold 3,000 shares of Roku stock. The stock was sold at an average price of $95.82, for a total value of $287,460.00.
Roku Stock Performance
Shares of ROKU opened at $109.03 on Tuesday. The stock has a 50 day simple moving average of $99.26 and a 200 day simple moving average of $93.08. Roku, Inc. has a 52-week low of $52.43 and a 52-week high of $116.66. The firm has a market capitalization of $16.11 billion, a PE ratio of -545.12 and a beta of 1.98.
Roku (NASDAQ:ROKU - Get Free Report) last announced its earnings results on Thursday, October 30th. The company reported $0.16 EPS for the quarter, topping 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 firm had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same period last year, the company posted ($0.06) EPS. The business's quarterly revenue was up 14.0% on a year-over-year basis. Equities research analysts predict that Roku, Inc. will post -0.3 EPS for the current fiscal year.
Analyst Ratings Changes
ROKU has been the subject of a number of research analyst reports. Raymond James Financial reaffirmed a "market perform" rating on shares of Roku in a research note on Friday, October 31st. Morgan Stanley reaffirmed an "underweight" rating on shares of Roku in a research report on Friday, October 31st. Citigroup lifted their target price on Roku from $85.00 to $100.00 and gave the company a "neutral" rating in a research report on Thursday, September 18th. KeyCorp reiterated an "overweight" rating and issued a $116.00 price objective on shares of Roku in a report on Tuesday, October 28th. Finally, Citizens Jmp restated a "market outperform" rating and set a $145.00 target price on shares of Roku in a report on Tuesday, December 2nd. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $116.09.
View Our Latest Analysis on ROKU
Hedge Funds Weigh In On Roku
Several hedge funds and other institutional investors have recently made changes to their positions in ROKU. Banque Transatlantique SA bought a new stake in Roku during the first quarter worth $28,000. Beaird Harris Wealth Management LLC acquired a new position in shares of Roku during the 1st quarter worth about $30,000. Westfuller Advisors LLC bought a new stake in shares of Roku in the 3rd quarter valued at about $30,000. Root Financial Partners LLC acquired a new stake in Roku in the 3rd quarter valued at about $33,000. Finally, Rakuten Securities Inc. grew its holdings in Roku by 55.6% during the second quarter. Rakuten Securities Inc. now owns 442 shares of the company's stock worth $39,000 after purchasing an additional 158 shares during the period. 86.30% of the stock is owned by institutional investors.
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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