Roku, Inc. $ROKU Shares Sold by Contrarius Group Holdings Ltd

Contrarius Group Holdings Ltd cut its holdings in shares of Roku, Inc. (NASDAQ:ROKU) by 26.8% in the third quarter, HoldingsChannel.com reports. The firm owned 129,515 shares of the company’s stock after selling 47,460 shares during the quarter. Roku accounts for about 0.6% of Contrarius Group Holdings Ltd’s investment portfolio, making the stock its 24th largest holding. Contrarius Group Holdings Ltd’s holdings in Roku were worth $12,968,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Tableaux LLC purchased a new position in Roku during the second quarter worth about $1,746,000. Acadian Asset Management LLC raised its stake in shares of Roku by 41.2% in the 2nd quarter. Acadian Asset Management LLC now owns 2,691,643 shares of the company’s stock valued at $236,545,000 after acquiring an additional 785,864 shares during the period. Duquesne Family Office LLC lifted its holdings in shares of Roku by 123.0% in the 2nd quarter. Duquesne Family Office LLC now owns 1,100,500 shares of the company’s stock worth $96,723,000 after acquiring an additional 606,900 shares during the last quarter. Artisan Partners Limited Partnership purchased a new position in shares of Roku during the 3rd quarter worth approximately $55,660,000. Finally, Ossiam acquired a new stake in Roku in the 2nd quarter valued at approximately $36,035,000. 86.30% of the stock is currently owned by hedge funds and other institutional investors.

Roku Price Performance

ROKU stock opened at $98.09 on Tuesday. The business’s 50-day moving average is $100.31 and its two-hundred day moving average is $99.42. The firm has a market capitalization of $14.46 billion, a P/E ratio of 172.09 and a beta of 1.98. Roku, Inc. has a 1 year low of $52.43 and a 1 year high of $116.66.

Roku (NASDAQ:ROKU) last released its earnings results on Thursday, February 12th. The company reported $0.53 earnings per share for the quarter, topping analysts’ consensus estimates of $0.28 by $0.25. Roku had a net margin of 1.87% and a return on equity of 3.40%. The firm had revenue of $1.39 billion for the quarter, compared to analyst estimates of $1.35 billion. During the same period in the prior year, the firm earned ($0.24) earnings per share. The business’s quarterly revenue was up 16.1% compared to the same quarter last year. On average, analysts expect that Roku, Inc. will post -0.3 EPS for the current year.

Insiders Place Their Bets

In other news, CFO Dan Jedda sold 3,000 shares of Roku stock in a transaction on Tuesday, February 17th. The shares were sold at an average price of $88.88, for a total transaction of $266,640.00. Following the completion of the sale, the chief financial officer directly 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Neil D. Hunt sold 2,000 shares of the business’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $96.48, for a total transaction of $192,960.00. Following the transaction, the director owned 7,782 shares of the company’s stock, valued at approximately $750,807.36. The trade was a 20.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 216,979 shares of company stock worth $22,499,335. 13.98% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. Jefferies Financial Group upgraded Roku from a “hold” rating to a “buy” rating and upped their price target for the stock from $100.00 to $135.00 in a research note on Thursday, December 11th. Guggenheim boosted their price objective on Roku from $110.00 to $115.00 and gave the company a “buy” rating in a report on Thursday, December 4th. Pivotal Research increased their target price on Roku from $135.00 to $140.00 and gave the stock a “buy” rating in a research note on Monday, February 16th. Wells Fargo & Company lifted their target price on Roku from $116.00 to $137.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, Wall Street Zen upgraded shares of Roku from a “hold” rating to a “buy” rating in a research note on Sunday, December 7th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Roku currently has an average rating of “Moderate Buy” and a consensus target price of $125.40.

Key Roku News

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku reported a return to profitability for 2025 with revenue of $4.70B and net income of $88M; Q4 revenue grew ~16% and platform revenue rose ~18% to $1.20B while Roku expanded FAST content and originals — supporting the bull case for ad-revenue growth. Roku (ROKU) Is Up 10.5% After Profit Return And FAST Expansion Is The Bull Case Changed?
• Positive Sentiment: Street analysts remain constructive: the average price target implies roughly 27.4% upside, and earnings-estimate revisions have been trending upward — a potential catalyst if revisions continue. How Much Upside is Left in Roku (ROKU)? Wall Street Analysts Think 27.39%
• Positive Sentiment: Product/UX update: Roku made it easier to find free live TV channels in the interface, which could raise engagement and ad impressions over time (supporting platform monetization). Roku just made it easier to find your favorite free live TV channels
• Positive Sentiment: Zacks highlighted ROKU among “top-performing liquid stocks,” noting liquidity and growth attributes that make it attractive for institutional investors. 4 Top-Performing Liquid Stocks to Enhance Portfolio Returns
• Neutral Sentiment: Management event: Founder/CEO Anthony Wood will appear at Morgan Stanley’s TMT conference (March 4). The fireside chat increases investor access and could move the stock if new color or guidance is provided, but it is not itself new financial news. Webcast available. Roku Founder and CEO to Participate in Fireside Chat Hosted by Morgan Stanley
• Neutral Sentiment: Valuation and momentum remain mixed: recent share rebounds have improved returns vs. some declines YTD, but analysts/coverage point to lingering valuation questions despite the operational progress. Roku (ROKU) Valuation Check After Recent Share Price Rebound
• Negative Sentiment: Retail discounting is widespread: multiple outlets report steep, limited-time discounts on Roku devices and TVs (Streaming Stick HD down ~50% in promos). Heavy promotions can lift unit sales but risk lower device ASPs and margin pressure if sustained. Roku Streaming Stick HD Is Quietly Down Nearly 50% Rare Deal: Our Favorite Roku TV Just Dropped in Price for a Limited Time This is the cheapest TV deal of the week at Walmart

Roku Profile

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.