Vanguard Personalized Indexing Management LLC Raises Stake in Roku, Inc. $ROKU

Vanguard Personalized Indexing Management LLC raised its position in shares of Roku, Inc. (NASDAQ:ROKU) by 21.3% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 15,070 shares of the company’s stock after purchasing an additional 2,643 shares during the quarter. Vanguard Personalized Indexing Management LLC’s holdings in Roku were worth $1,325,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in Roku by 2.1% during the first quarter. Vanguard Group Inc. now owns 12,503,595 shares of the company’s stock valued at $880,753,000 after purchasing an additional 254,504 shares in the last quarter. Acadian Asset Management LLC lifted its holdings in Roku by 456.7% during the first 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 in the last quarter. Jacobs Levy Equity Management Inc. lifted its holdings in Roku by 21.9% during the first quarter. Jacobs Levy Equity Management Inc. now owns 1,581,097 shares of the company’s stock valued at $111,372,000 after purchasing an additional 284,323 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in Roku by 3.8% during the first quarter. Charles Schwab Investment Management Inc. now owns 1,028,332 shares of the company’s stock valued at $72,436,000 after purchasing an additional 37,465 shares in the last quarter. Finally, Northern Trust Corp lifted its holdings in Roku by 6.0% during the first quarter. Northern Trust Corp now owns 755,762 shares of the company’s stock valued at $53,236,000 after purchasing an additional 42,926 shares in the last quarter. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Roku Price Performance

Shares of ROKU stock opened at $94.21 on Friday. The stock’s 50-day moving average is $96.01 and its 200 day moving average is $82.47. Roku, Inc. has a 1-year low of $52.43 and a 1-year high of $107.25. The company has a market cap of $13.88 billion, a P/E ratio of -224.31, a PEG ratio of 11.24 and a beta of 2.13.

Roku (NASDAQ:ROKU) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.07 EPS for the quarter, beating the consensus estimate of ($0.16) by $0.23. Roku had a negative net margin of 1.40% and a negative return on equity of 2.44%. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same period in the prior year, the firm posted ($0.18) earnings per share. The company’s quarterly revenue was up 14.7% on a year-over-year basis. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. On average, analysts anticipate that Roku, Inc. will post -0.3 EPS for the current year.

Insiders Place Their Bets

In other Roku news, insider Mustafa Ozgen sold 50,527 shares of Roku stock in a transaction on Tuesday, September 9th. The shares were sold at an average price of $100.00, for a total value of $5,052,700.00. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Anthony J. Wood sold 25,000 shares of Roku stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $100.00, for a total transaction of $2,500,000.00. Following the completion of the transaction, the chief executive officer directly owned 45,712 shares in the company, valued at $4,571,200. This represents a 35.35% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders have sold 540,890 shares of company stock valued at $52,833,661. 13.98% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently commented on ROKU. Wall Street Zen downgraded shares of Roku from a “buy” rating to a “hold” rating in a report on Saturday, October 11th. Wedbush reaffirmed an “outperform” rating and set a $100.00 price target on shares of Roku in a research note on Monday, July 28th. Bank of America boosted their price objective on shares of Roku from $100.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, July 3rd. KeyCorp upped their price target on shares of Roku from $115.00 to $116.00 and gave the stock an “overweight” rating in a report on Friday, August 1st. Finally, Citigroup upped their price target on shares of Roku from $85.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $101.33.

Roku Profile

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.