Focus Partners Advisor Solutions LLC Purchases Shares of 2,917 Roku, Inc. $ROKU

Focus Partners Advisor Solutions LLC purchased a new stake in Roku, Inc. (NASDAQ:ROKU) in the 2nd quarter, HoldingsChannel reports. The fund purchased 2,917 shares of the company’s stock, valued at approximately $256,000.

Other large investors have also modified their holdings of the company. Berkshire Capital Holdings Inc. grew its stake in shares of Roku by 1,413,400.0% in the first quarter. Berkshire Capital Holdings Inc. now owns 141,350 shares of the company’s stock valued at $9,957,000 after buying an additional 141,340 shares in the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of Roku in the first quarter valued at about $6,026,000. Atika Capital Management LLC acquired a new stake in shares of Roku during the first quarter valued at about $5,086,000. West Tower Group LLC grew its stake in shares of Roku by 128.6% during the second quarter. West Tower Group LLC now owns 8,000 shares of the company’s stock valued at $703,000 after acquiring an additional 4,500 shares in the last quarter. Finally, Blair William & Co. IL grew its stake in shares of Roku by 14.7% during the first quarter. Blair William & Co. IL now owns 45,727 shares of the company’s stock valued at $3,221,000 after acquiring an additional 5,869 shares in the last quarter. Institutional investors and hedge funds own 86.30% of the company’s stock.

Roku Trading Up 6.1%

NASDAQ:ROKU opened at $106.13 on Friday. The firm has a market cap of $15.64 billion, a price-to-earnings ratio of -530.62, a price-to-earnings-growth ratio of 9.36 and a beta of 2.13. Roku, Inc. has a twelve month low of $52.43 and a twelve month high of $116.66. The company has a 50-day moving average of $98.02 and a 200-day moving average of $85.31.

Roku (NASDAQ:ROKU) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.07 by $0.09. The company had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Roku had a negative return on equity of 1.09% and a negative net margin of 0.61%.The firm’s revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.06) earnings per share. Roku has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Roku, Inc. will post -0.3 earnings per share for the current year.

Insider Activity at Roku

In other Roku news, CEO Anthony J. Wood sold 18,700 shares of the business’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $100.00, for a total transaction of $1,870,000.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Dan Jedda sold 3,000 shares of the business’s stock in a transaction on Wednesday, October 15th. The shares were sold at an average price of $95.82, for a total transaction of $287,460.00. Following the sale, the chief financial officer directly owned 80,420 shares in the company, valued at approximately $7,705,844.40. This trade represents a 3.60% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 353,331 shares of company stock worth $35,140,823. 13.98% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on ROKU shares. Evercore ISI restated a “positive” rating on shares of Roku in a research note on Friday. Wedbush restated an “outperform” rating and set a $110.00 target price on shares of Roku in a research note on Monday, October 27th. Citigroup lifted their price target on Roku from $85.00 to $100.00 and gave the stock a “neutral” rating in a research note on Thursday, September 18th. Pivotal Research lifted their price target on Roku from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Finally, Susquehanna restated a “positive” rating and issued a $130.00 target price on shares of Roku in a research note on Friday. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $106.36.

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.