Key Points
- Roku CFO Dan Jedda sold 7,000 shares at an average price of $152.84, generating approximately $1.07 million. The transaction reduced his direct holdings by 9.36% and was conducted under a pre-arranged Rule 10b5-1 trading plan.
- Roku reported quarterly revenue of $1.35 billion and earnings of $1.08 per share, exceeding analyst estimates; revenue increased 21.9% year over year.
- Analysts maintain a generally cautious outlook, with an average rating of “Hold” and an average price target of $156.17, while 86.3% of Roku shares are held by institutional investors and hedge funds.
Roku, Inc. (NASDAQ:ROKU - Get Free Report) CFO Dan Jedda sold 7,000 shares of the company's stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $152.84, for a total value of $1,069,880.00. Following the completion of the transaction, the chief financial officer directly owned 67,811 shares in the company, valued at $10,364,233.24. This trade represents a 9.36% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Dan Jedda also recently made the following trade(s):
- On Tuesday, September 15th, Dan Jedda sold 7,000 shares of Roku stock. The shares were sold at an average price of $156.81, for a total value of $1,097,670.00.
- On Monday, August 17th, Dan Jedda sold 7,000 shares of Roku stock. The stock was sold at an average price of $157.11, for a total transaction of $1,099,770.00.
Roku Price Performance
Shares of Roku stock opened at $155.54 on Tuesday. The stock has a market cap of $23.09 billion, a P/E ratio of 66.47 and a beta of 2.05. The stock's 50 day simple moving average is $154.85 and its 200-day simple moving average is $137.99. Roku, Inc. has a 1-year low of $78.53 and a 1-year high of $159.89.
Roku (NASDAQ:ROKU - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.08 EPS for the quarter, topping the consensus estimate of $0.61 by $0.47. Roku had a net margin of 6.82% and a return on equity of 13.73%. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.30 billion. During the same quarter in the previous year, the firm posted $0.07 earnings per share. The company's quarterly revenue was up 21.9% compared to the same quarter last year. As a group, research analysts expect that Roku, Inc. will post 2.92 EPS for the current fiscal year.
Wall Street Analysts Forecast Growth
Several equities research analysts have recently commented on the company. Needham & Company LLC reissued a "buy" rating on shares of Roku in a research note on Friday, August 7th. Wedbush reaffirmed a "neutral" rating and issued a $155.00 price objective on shares of Roku in a research note on Thursday, September 24th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $160.00 price objective on shares of Roku in a research note on Monday, August 10th. UBS Group lifted their price objective on Roku from $126.00 to $172.00 and gave the stock a "neutral" rating in a report on Friday, August 7th. Finally, Citigroup lifted their price objective on Roku from $120.00 to $157.00 and gave the stock a "neutral" rating in a report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nineteen have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and an average target price of $156.17.
Check Out Our Latest Stock Report on ROKU
Roku News Roundup
Here are the key news stories impacting Roku this week:
- Positive Sentiment: Fox’s approximately $22 billion agreement to acquire Roku continues to provide the primary support for the stock. Bank of America reportedly became more positive on the transaction, viewing Roku as the streaming infrastructure Fox needs to expand beyond its traditional live-sports and news businesses. Fox's $22 billion Roku bet just won over a longtime skeptic
- Positive Sentiment: Roku is highlighting the shift of sports fandom toward streaming, including highlights, podcasts, creator content and documentaries. A broader sports-viewing ecosystem could create additional opportunities for targeted advertising and engagement on Roku’s platform. Roku’s Caitlin McDonough: Sports Fandom is Growing at the Edges
- Positive Sentiment: Roku OS 16 is rolling out to Roku TVs and players, providing a product-refresh catalyst that may support user engagement and the company’s connected-TV advertising ecosystem. Roku’s Major Fall Update: Roku OS 16 Is Rolling Out Now
- Neutral Sentiment: Roku will release third-quarter 2026 results after the market closes on November 2. Because of the pending Fox transaction, the company will not hold an earnings call or provide financial guidance, limiting near-term visibility into operating performance. Roku to Announce Third Quarter 2026 Financial Results
- Negative Sentiment: CFO Dan Jedda sold 7,000 shares, reducing his direct holdings by 9.36%. The sale occurred under a pre-arranged Rule 10b5-1 plan, which reduces its significance as a discretionary bearish signal, but insider selling can still weigh modestly on sentiment. Roku CFO Form 4 Filing
Hedge Funds Weigh In On Roku
Institutional investors have recently made changes to their positions in the business. Bayban boosted its position in shares of Roku by 1,300.0% in the 1st quarter. Bayban now owns 280 shares of the company's stock valued at $26,000 after purchasing an additional 260 shares during the period. CX Institutional lifted its holdings in shares of Roku by 44.1% in the third quarter. CX Institutional now owns 281 shares of the company's stock valued at $43,000 after purchasing an additional 86 shares in the last quarter. Elevation Wealth Partners LLC lifted its holdings in shares of Roku by 208.7% in the second quarter. Elevation Wealth Partners LLC now owns 318 shares of the company's stock valued at $44,000 after purchasing an additional 215 shares in the last quarter. Hilton Head Capital Partners LLC boosted its position in shares of Roku by 175.0% in the first quarter. Hilton Head Capital Partners LLC now owns 550 shares of the company's stock worth $52,000 after buying an additional 350 shares during the period. Finally, WPG Advisers LLC boosted its position in shares of Roku by 96.8% in the first quarter. WPG Advisers LLC now owns 561 shares of the company's stock worth $53,000 after buying an additional 276 shares during the period. 86.30% of the stock is owned by institutional investors and hedge funds.
About Roku
(
Get Free Report)
Roku, Inc (NASDAQ: ROKU) operates a television streaming platform that connects consumers with digital entertainment. The company develops and licenses Roku OS, an operating system for smart televisions and streaming devices, and offers Roku-branded streaming players, Roku TVs, audio products and related accessories.
Roku also operates a platform business that distributes streaming content through its interface and supports content discovery, subscriptions and digital advertising. Its services include The Roku Channel, which provides a selection of ad-supported and premium entertainment, as well as tools that enable content providers and advertisers to reach streaming audiences.
Founded in 2002 by Anthony Wood, Roku initially became known for its streaming players and later expanded through partnerships with television manufacturers.
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