6,200 Shares in Roku, Inc. $ROKU Acquired by First Eagle Investment Management LLC

First Eagle Investment Management LLC purchased a new position in Roku, Inc. (NASDAQ:ROKU) in the third quarter, HoldingsChannel.com reports. The firm purchased 6,200 shares of the company’s stock, valued at approximately $621,000.

Other hedge funds also recently made changes to their positions in the company. Westfuller Advisors LLC acquired a new position in shares of Roku during the third quarter worth $30,000. Root Financial Partners LLC acquired a new stake in Roku during the 3rd quarter valued at $33,000. Cornerstone Planning Group LLC increased its stake in Roku by 20,450.0% during the 3rd quarter. Cornerstone Planning Group LLC now owns 411 shares of the company’s stock worth $41,000 after buying an additional 409 shares during the period. Rakuten Securities Inc. lifted its holdings in Roku by 55.6% in the 2nd quarter. Rakuten Securities Inc. now owns 442 shares of the company’s stock worth $39,000 after buying an additional 158 shares in the last quarter. Finally, True Wealth Design LLC boosted its position in Roku by 859.7% in the 2nd quarter. True Wealth Design LLC now owns 595 shares of the company’s stock valued at $52,000 after buying an additional 533 shares during the last quarter. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Insider Buying and Selling at Roku

In other Roku news, SVP Christopher T. Handman sold 2,999 shares of the firm’s stock in a transaction dated Tuesday, March 3rd. The shares were sold at an average price of $95.57, for a total value of $286,614.43. Following the transaction, the senior vice president owned 2,999 shares of the company’s stock, valued at $286,614.43. This trade represents a 50.00% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Dan Jedda sold 3,000 shares of Roku stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $88.88, for a total value of $266,640.00. Following the completion of the transaction, the chief financial officer owned 84,267 shares of the company’s stock, valued at approximately $7,489,650.96. The trade was a 3.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 227,659 shares of company stock valued at $23,524,283. Corporate insiders own 13.98% of the company’s stock.

Analysts Set New Price Targets

ROKU has been the topic of a number of analyst reports. Needham & Company LLC reaffirmed a “buy” rating and set a $110.00 target price on shares of Roku in a research report on Friday, February 13th. Wells Fargo & Company raised their price objective on Roku from $116.00 to $137.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Weiss Ratings raised Roku from a “sell (d-)” rating to a “hold (c-)” rating in a research report on Tuesday, February 17th. Piper Sandler reiterated an “overweight” rating and set a $140.00 target price (up from $135.00) on shares of Roku in a research note on Friday, February 13th. Finally, Arete Research set a $132.00 price target on shares of Roku and gave the stock a “buy” rating in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $125.40.

Roku Trading Up 0.6%

Shares of ROKU opened at $98.11 on Friday. Roku, Inc. has a 52 week low of $52.43 and a 52 week high of $116.66. The firm has a market cap of $14.46 billion, a price-to-earnings ratio of 172.13 and a beta of 1.98. The stock has a 50 day moving average of $99.47 and a 200-day moving average of $99.43.

Roku (NASDAQ:ROKU) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.28 by $0.25. The firm had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.35 billion. Roku had a return on equity of 3.40% and a net margin of 1.87%.The firm’s revenue for the quarter was up 16.1% on a year-over-year basis. During the same period last year, the business posted ($0.24) earnings per share. On average, sell-side analysts predict that Roku, Inc. will post -0.3 earnings per share for the current fiscal year.

Trending Headlines about Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku launched “Roklue,” an interactive discovery and trivia experience designed to make free/live content discovery more engaging — a direct product push to increase time‑in‑platform and ad/subscription take rates. Roklue launch
• Positive Sentiment: New UI controls and a dedicated free/live TV search button aim to reduce decision fatigue and improve FAST discovery — should lift ad impressions and engagement over time. Free TV search button
• Positive Sentiment: Analyst and fundamental momentum: coverage notes Roku has turned profitable, generated record free cash flow and is targeting ~\$5.5B revenue for 2026 — painting a stronger earnings outlook that supports current multiple expansion. Analyst note
• Positive Sentiment: Technical bullishness — the stock crossed above its 200‑day moving average, a common momentum signal that can attract trend‑following flows. 200‑day MA
• Neutral Sentiment: Device promotions (deep discounts on the Streaming Stick HD) could accelerate activations and scale the ad business long term but may compress near‑term hardware margins. Device discount
• Neutral Sentiment: Minor valuation/estimate adjustments: independent fair‑value tweaks and earnings‑estimate revisions are mixed but not materially negative; analysts remain largely constructive. Valuation note
• Neutral Sentiment: Management outreach: CFO Dan Jedda will appear at Deutsche Bank’s conference next week — useful for clarity on guidance but unlikely to move the stock absent new metrics. CFO fireside chat
• Negative Sentiment: Clustered insider selling — several insiders disclosed multi‑thousand share sales at roughly \$95–\$98; while often routine, the concentration of sales can raise short‑term investor caution and add selling pressure. Insider Form 4

About Roku

Roku, Inc (NASDAQ: ROKU) is a technology company that develops and operates a proprietary streaming platform designed to deliver entertainment content to consumers via internet-connected devices and smart televisions. Since its inception in 2002 in California, Roku has focused on simplifying access to streaming services for viewers worldwide. The company’s platform enables users to discover, access and manage a wide array of over-the-top content from major streaming services, free ad-supported channels and niche providers.

At the core of Roku’s product lineup are a range of streaming players and sticks, which connect to televisions via HDMI and deliver the Roku OS experience.