Key Points
- Roku insider Charles Collier sold 20,538 shares for approximately $3.22 million at an average price of $156.99, reducing his direct ownership by 47.5% to 22,700 shares. The transaction was made under a pre-arranged Rule 10b5-1 trading plan.
- Roku recently reported stronger-than-expected quarterly results, with $1.08 in EPS and $1.35 billion in revenue, up 21.9% year over year. The stock was trading near its 52-week high, with a market capitalization of about $22.69 billion.
- Analysts maintain a consensus “Hold” rating with an average price target of $156.17, while institutional investors own 86.3% of Roku’s outstanding shares.
Roku, Inc. (NASDAQ:ROKU - Get Free Report) insider Charles Collier sold 20,538 shares of Roku stock in a transaction on Friday, September 4th. The stock was sold at an average price of $156.99, for a total value of $3,224,260.62. Following the transaction, the insider directly owned 22,700 shares of the company's stock, valued at approximately $3,563,673. This represents a 47.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Charles Collier also recently made the following trade(s):
- On Wednesday, September 2nd, Charles Collier sold 7,067 shares of Roku stock. The stock was sold at an average price of $156.86, for a total value of $1,108,529.62.
- On Tuesday, August 4th, Charles Collier sold 20,538 shares of Roku stock. The shares were sold at an average price of $145.93, for a total value of $2,997,110.34.
- On Monday, July 6th, Charles Collier sold 20,538 shares of Roku stock. The shares were sold at an average price of $142.51, for a total value of $2,926,870.38.
Roku Stock Down 1.6%
Shares of ROKU stock opened at $152.90 on Thursday. The stock has a market cap of $22.69 billion, a P/E ratio of 65.34 and a beta of 2.05. Roku, Inc. has a fifty-two week low of $78.53 and a fifty-two week high of $159.89. The business has a fifty day simple moving average of $149.54 and a 200-day simple moving average of $126.32.
Roku (NASDAQ:ROKU - Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $0.61 by $0.47. The business had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.30 billion. Roku had a net margin of 6.82% and a return on equity of 13.73%. The business's revenue for the quarter was up 21.9% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.07 EPS. On average, sell-side analysts anticipate that Roku, Inc. will post 2.85 earnings per share for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in ROKU. Bayban boosted its stake in shares of Roku by 1,300.0% during the 1st quarter. Bayban now owns 280 shares of the company's stock worth $26,000 after purchasing an additional 260 shares during the last quarter. Safe Harbor Fiduciary LLC acquired a new position in shares of Roku in the fourth quarter valued at approximately $31,000. Rakuten Securities Inc. raised its position in shares of Roku by 55.6% in the second quarter. Rakuten Securities Inc. now owns 442 shares of the company's stock valued at $39,000 after buying an additional 158 shares during the last quarter. Elevation Wealth Partners LLC lifted its stake in shares of Roku by 208.7% during the second quarter. Elevation Wealth Partners LLC now owns 318 shares of the company's stock valued at $44,000 after buying an additional 215 shares during the period. Finally, Osbon Capital Management LLC purchased a new position in shares of Roku during the fourth quarter valued at approximately $45,000. 86.30% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have issued reports on ROKU shares. Robert W. Baird reaffirmed a "neutral" rating and issued a $160.00 price target on shares of Roku in a report on Monday, June 15th. Zacks Research raised shares of Roku from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, August 11th. KeyCorp downgraded Roku from an "overweight" rating to a "sector weight" rating in a research report on Monday, June 15th. Weiss Ratings raised Roku from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. Finally, Morgan Stanley increased their target price on Roku from $150.00 to $170.00 and gave the company an "overweight" rating in a report on Thursday, June 4th. One research analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nineteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and an average target price of $156.17.
Get Our Latest Report on Roku
Key Stories Impacting Roku
Here are the key news stories impacting Roku this week:
- Positive Sentiment: International NFL expansion supports platform engagement. Roku and the NFL are expanding NFL Zone, a league content hub within Roku Sports, to Canada, Mexico and Brazil ahead of the 2026 season. The expansion could increase viewing hours, user engagement and advertising opportunities. Roku and NFL expand NFL Zone to Canada, Mexico and Brazil
- Positive Sentiment: Roku’s strategic value remains evident. Parks Associates data indicates Roku is the most-used streaming media player for 43% of surveyed U.S. internet households, underscoring the importance of its operating system, advertising platform and consumer reach. Parks Associates: Fox Acquisition of Roku
- Neutral Sentiment: Fox says the acquisition remains on track. Fox COO John Nallen characterized the DOJ scrutiny as expected, while Fox and Roku said they will cooperate by providing additional information and documents. The companies continue to expect the deal to close in early 2027. Fox Corp. COO John Nallen Says Roku Deal On Track
- Negative Sentiment: Expanded DOJ review is the main overhang. The Justice Department requested additional information in its antitrust examination of Fox’s proposed acquisition of Roku. The second request raises the risk of a longer closing timeline, additional conditions or potential failure of the transaction, weighing on deal-related investor optimism. DOJ wants more answers on Fox’s $22B Roku deal
- Negative Sentiment: Insider selling may add a modest cautionary signal. Roku insider Charles Collier sold 20,538 shares worth approximately $3.2 million, reducing his holdings by 47.5%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, limiting its significance as a current view on the stock. Roku insider transaction filing
About Roku
(
Get Free Report)
Roku, Inc (NASDAQ: ROKU) operates a television streaming platform that connects consumers with digital entertainment. Its Roku operating system powers streaming players, Roku-branded televisions and smart-TV products made by licensing partners. The platform provides access to streaming services, live television, movies, music and other applications.
The company also operates The Roku Channel, its own ad-supported streaming service offering licensed and original content, including movies, television programs, live channels and premium subscription options.
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