Ossiam Buys 51,127 Shares of Roku, Inc. $ROKU

Ossiam increased its position in Roku, Inc. (NASDAQ:ROKU) by 12.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 461,127 shares of the company’s stock after buying an additional 51,127 shares during the period. Roku accounts for approximately 0.6% of Ossiam’s investment portfolio, making the stock its 25th biggest holding. Ossiam’s holdings in Roku were worth $46,173,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ROKU. Westfuller Advisors LLC bought a new position in Roku in the third quarter worth approximately $30,000. Root Financial Partners LLC bought a new stake in shares of Roku during the third quarter valued at approximately $33,000. Rakuten Securities Inc. raised its position in shares of Roku by 55.6% during the second quarter. Rakuten Securities Inc. now owns 442 shares of the company’s stock worth $39,000 after purchasing an additional 158 shares during the period. Cornerstone Planning Group LLC raised its position in shares of Roku by 20,450.0% during the third quarter. Cornerstone Planning Group LLC now owns 411 shares of the company’s stock worth $41,000 after purchasing an additional 409 shares during the period. Finally, Lion Street Advisors LLC bought a new position in shares of Roku in the 3rd quarter worth $70,000. 86.30% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Roku news, CEO Anthony J. Wood sold 75,000 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $109.61, for a total transaction of $8,220,750.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Christopher T. Handman sold 2,999 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $95.57, for a total value of $286,614.43. Following the completion of the sale, the senior vice president directly owned 2,999 shares of the company’s stock, valued at $286,614.43. This represents a 50.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 201,124 shares of company stock valued at $20,342,748 in the last quarter. 13.98% of the stock is currently owned by company insiders.

Roku News Summary

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku’s recent operational wins and bullish analyst notes helped drive a run-up into March — analysts have raised targets and coverage remains largely positive, supporting longer‑term growth expectations. Read More.
• Positive Sentiment: Product and engagement initiatives (new on‑platform game “Roklue” and improved Live TV search) aim to boost time‑spent and ad monetization, which can support platform revenue growth. Read More.
• Positive Sentiment: Content deals: Roku secured exclusive streaming rights to a new X Games League, which can help drive unique live content and viewer engagement on the platform. Read More.
• Positive Sentiment: Retail promotions and steep discounts on Roku TVs and projectors are widespread this month — such device promotions can expand the user base and ad reach if they translate into active accounts. Read More.
• Neutral Sentiment: Ad/measurement ecosystem update: Pixalate released DEFASED pre‑bid CTV blocklists (daily lists of apps delisted from app stores). This is an industry tool for buyers/sellers and could change ad targeting or inventory mix, but its direct impact on Roku revenue is unclear today. Read More.
• Negative Sentiment: Insider sale headline: CEO Anthony Wood’s trust sold 50,000 shares (filed as a March 10 transaction, average ~$99.68). Even if pre‑planned under a 10b5‑1, the disclosure can prompt near‑term selling pressure and headline-driven volatility. Read More.
• Negative Sentiment: Heavy historical insider selling: multiple senior insiders have only sold (no purchases) over recent months, a datapoint investors often view as a negative signal for near‑term sentiment. Read More.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on ROKU shares. Morgan Stanley set a $135.00 price target on shares of Roku and gave the company an “overweight” rating in a research report on Tuesday, December 16th. Guggenheim upped their price target on Roku from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Thursday, December 4th. Zacks Research raised Roku from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, February 10th. Wall Street Zen upgraded Roku from a “hold” rating to a “buy” rating in a research note on Sunday, December 7th. Finally, Citigroup reaffirmed a “market outperform” rating on shares of Roku in a report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $125.40.

Roku Stock Performance

Shares of ROKU stock opened at $91.65 on Friday. The firm has a market cap of $13.51 billion, a price-to-earnings ratio of 160.79 and a beta of 1.98. Roku, Inc. has a 52 week low of $52.43 and a 52 week high of $116.66. The firm’s 50-day simple moving average is $98.04 and its two-hundred day simple moving average is $99.71.

Roku (NASDAQ:ROKU) last released its earnings results on Thursday, February 12th. The company reported $0.53 earnings per share for the quarter, beating 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 during the quarter, compared to the consensus estimate of $1.35 billion. During the same period in the prior year, the firm earned ($0.24) EPS. The company’s revenue was up 16.1% compared to the same quarter last year. Analysts forecast that Roku, Inc. will post -0.3 earnings per share for the current year.

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.