Key Points
- Roku CEO Anthony Wood sold 50,000 shares on March 10 at an average price of $99.68, a transaction totaling $4,984,000 disclosed in an SEC filing.
- Roku beat Q4 estimates with $0.53 EPS versus $0.28 expected and $1.39 billion in revenue (up 16.1% year‑over‑year), though analysts still project a -0.3 EPS for the current year.
- Analysts are broadly positive—consensus rating is a "Moderate Buy" with an average price target of $125.40—while the stock recently traded around $92.05 and sits within a 52‑week range of $52.43–$116.66.
Roku, Inc. (NASDAQ:ROKU - Get Free Report) CEO Anthony Wood sold 50,000 shares of the business's stock in a transaction on Tuesday, March 10th. The shares were sold at an average price of $99.68, for a total transaction of $4,984,000.00. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.
Roku Stock Performance
Shares of NASDAQ:ROKU traded down $2.75 during midday trading on Friday, hitting $92.05. 910,976 shares of the stock were exchanged, compared to its average volume of 3,712,237. Roku, Inc. has a 52-week low of $52.43 and a 52-week high of $116.66. The business's fifty day simple moving average is $98.38 and its two-hundred day simple moving average is $99.72. The company has a market capitalization of $13.57 billion, a PE ratio of 161.66 and a beta of 1.98.
Roku (NASDAQ:ROKU - Get Free Report) last issued its earnings results on Thursday, February 12th. The company reported $0.53 EPS for the quarter, beating analysts' consensus estimates of $0.28 by $0.25. The firm had revenue of $1.39 billion for the quarter, compared to the consensus estimate of $1.35 billion. Roku had a return on equity of 3.40% and a net margin of 1.87%.The business's quarterly revenue was up 16.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.24) earnings per share. As a group, equities analysts anticipate that Roku, Inc. will post -0.3 EPS for the current year.
Wall Street Analyst Weigh In
Several equities research analysts recently weighed in on ROKU shares. JPMorgan Chase & Co. boosted their target price on Roku from $115.00 to $125.00 and gave the stock an "overweight" rating in a report on Friday, December 12th. Piper Sandler reissued an "overweight" rating and set a $140.00 target price (up from $135.00) on shares of Roku in a research report on Friday, February 13th. Wells Fargo & Company boosted their price target on shares of Roku from $116.00 to $137.00 and gave the company an "overweight" rating in a report on Friday, February 13th. Evercore reiterated an "outperform" rating and issued a $150.00 price objective on shares of Roku in a research note on Friday, February 13th. Finally, Morgan Stanley set a $135.00 target price on shares of Roku and gave the stock an "overweight" rating in a report on Tuesday, December 16th. One research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average price target of $125.40.
Get Our Latest Analysis on ROKU
Institutional Trading of Roku
Hedge funds have recently modified their holdings of the company. Blue Trust Inc. lifted its holdings in Roku by 680.0% during the fourth quarter. Blue Trust Inc. now owns 234 shares of the company's stock worth $25,000 after acquiring an additional 204 shares in the last quarter. Aventura Private Wealth LLC acquired a new stake in shares of Roku during the fourth quarter worth $26,000. WPG Advisers LLC bought a new stake in Roku in the 4th quarter valued at $31,000. Safe Harbor Fiduciary LLC bought a new position in Roku during the 4th quarter worth about $31,000. Finally, Westfuller Advisors LLC acquired a new stake in shares of Roku in the 3rd quarter valued at about $30,000. 86.30% of the stock is currently owned by institutional investors and hedge funds.
Roku Company Profile
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Get Free Report)
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.
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