Bogart Wealth LLC Grows Stock Holdings in Roku, Inc. $ROKU

Bogart Wealth LLC lifted its position in shares of Roku, Inc. (NASDAQ:ROKU) by 234.1% in the 2nd quarter, Holdings Channel.com reports. The firm owned 461 shares of the company’s stock after purchasing an additional 323 shares during the period. Bogart Wealth LLC’s holdings in Roku were worth $41,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of ROKU. Vanguard Group Inc. raised its stake in Roku by 2.1% in the first quarter. Vanguard Group Inc. now owns 12,503,595 shares of the company’s stock valued at $880,753,000 after buying an additional 254,504 shares in the last quarter. Acadian Asset Management LLC increased its holdings in shares of Roku by 456.7% in the 1st quarter. Acadian Asset Management LLC now owns 1,905,779 shares of the company’s stock valued at $134,222,000 after acquiring an additional 1,563,449 shares during the last quarter. Jacobs Levy Equity Management Inc. raised its position in shares of Roku by 21.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,581,097 shares of the company’s stock worth $111,372,000 after acquiring an additional 284,323 shares in the last quarter. Charles Schwab Investment Management Inc. lifted its stake 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 worth $72,436,000 after purchasing an additional 37,465 shares during the last quarter. Finally, Northern Trust Corp boosted its holdings in Roku by 6.0% in 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.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Piper Sandler raised their price objective on shares of Roku from $65.00 to $84.00 and gave the stock a “neutral” rating in a report on Thursday, July 10th. Wall Street Zen raised shares of Roku from a “hold” rating to a “buy” rating in a research report on Sunday. Weiss Ratings reiterated a “sell (d-)” rating on shares of Roku in a research note on Wednesday, October 8th. Citigroup upped their price objective on shares of Roku from $85.00 to $100.00 and gave the company a “neutral” rating in a research note on Thursday, September 18th. Finally, Guggenheim raised their price objective on Roku from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $101.33.

Roku Price Performance

Shares of NASDAQ:ROKU opened at $97.49 on Wednesday. Roku, Inc. has a 1-year low of $52.43 and a 1-year high of $107.25. The stock has a market cap of $14.36 billion, a P/E ratio of -232.12, a P/E/G ratio of 11.35 and a beta of 2.13. The firm has a fifty day moving average price of $96.56 and a 200 day moving average price of $83.09.

Roku (NASDAQ:ROKU) last announced its earnings results on Thursday, July 31st. The company reported $0.07 EPS for the quarter, beating analysts’ consensus estimates 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 analysts’ expectations of $1.07 billion. During the same period in the prior year, the company earned ($0.18) earnings per share. The business’s revenue was up 14.7% compared to the same quarter last year. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Sell-side analysts expect that Roku, Inc. will post -0.3 EPS for the current fiscal year.

Insider Activity

In other news, insider Charles Collier sold 15,404 shares of the company’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $103.31, for a total transaction of $1,591,387.24. Following the completion of the sale, the insider owned 200 shares in the company, valued at $20,662. This represents a 98.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Mustafa Ozgen sold 50,527 shares of the stock in a transaction on Tuesday, September 9th. The stock was sold at an average price of $100.00, for a total value of $5,052,700.00. The disclosure for this sale can be found here. Insiders sold 328,331 shares of company stock worth $32,640,556 over the last quarter. 13.98% of the stock is owned by insiders.

About Roku

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.