Roku (NASDAQ:ROKU) CEO Anthony Wood Sells 18,700 Shares of Stock

Roku, Inc. (NASDAQ:ROKU) CEO Anthony Wood sold 18,700 shares of the company’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $100.00, for a total value of $1,870,000.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Roku Price Performance

Shares of ROKU opened at $100.03 on Friday. The stock has a market capitalization of $14.74 billion, a price-to-earnings ratio of -238.17, a price-to-earnings-growth ratio of 11.63 and a beta of 2.13. The business’s 50 day simple moving average is $97.78 and its 200-day simple moving average is $84.98. Roku, Inc. has a 1 year low of $52.43 and a 1 year high of $107.25.

Roku (NASDAQ:ROKU) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.07 by $0.09. The company had revenue of $1.21 billion for the quarter, compared to the consensus estimate of $1.21 billion. Roku had a negative net margin of 1.40% and a negative return on equity of 2.44%. Roku’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.06) earnings per share. Roku has set its Q4 2025 guidance at EPS. On average, sell-side analysts expect that Roku, Inc. will post -0.3 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ROKU has been the topic of a number of recent research reports. Piper Sandler upped their price objective on Roku from $65.00 to $84.00 and gave the company a “neutral” rating in a research report on Thursday, July 10th. Wedbush restated an “outperform” rating and set a $110.00 price target on shares of Roku in a report on Monday. Needham & Company LLC restated a “buy” rating and set a $110.00 price target on shares of Roku in a report on Wednesday, October 1st. Bank of America increased their target price on shares of Roku from $100.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, July 3rd. Finally, Citigroup increased their target price 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. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $103.95.

Institutional Investors Weigh In On Roku

A number of institutional investors and hedge funds have recently added to or reduced their stakes in ROKU. GAMMA Investing LLC lifted its holdings in Roku by 103.6% during the 1st quarter. GAMMA Investing LLC now owns 959 shares of the company’s stock valued at $68,000 after buying an additional 488 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Roku by 72.6% during the first quarter. Wealth Enhancement Advisory Services LLC now owns 10,747 shares of the company’s stock valued at $757,000 after acquiring an additional 4,522 shares in the last quarter. Oppenheimer & Co. Inc. raised its stake in shares of Roku by 45.8% during the first quarter. Oppenheimer & Co. Inc. now owns 3,946 shares of the company’s stock valued at $278,000 after acquiring an additional 1,240 shares in the last quarter. Golden State Wealth Management LLC raised its stake in shares of Roku by 125.4% during the first quarter. Golden State Wealth Management LLC now owns 444 shares of the company’s stock valued at $31,000 after acquiring an additional 247 shares in the last quarter. Finally, Allspring Global Investments Holdings LLC raised its stake in shares of Roku by 4,720.1% during the first quarter. Allspring Global Investments Holdings LLC now owns 163,545 shares of the company’s stock valued at $11,546,000 after acquiring an additional 160,152 shares in the last quarter. Institutional investors own 86.30% of the company’s stock.

Roku Company 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.