Roku (NASDAQ:ROKU) Director Neil Hunt Sells 2,000 Shares of Stock

Roku, Inc. (NASDAQ:ROKU) Director Neil Hunt sold 2,000 shares of the firm’s stock in a transaction on Monday, June 1st. The shares were sold at an average price of $129.09, for a total transaction of $258,180.00. Following the completion of the transaction, the director directly owned 7,782 shares in the company, valued at approximately $1,004,578.38. This represents a 20.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Roku Trading Down 3.9%

NASDAQ:ROKU opened at $122.20 on Thursday. The firm’s fifty day simple moving average is $114.17 and its 200 day simple moving average is $104.85. Roku, Inc. has a twelve month low of $72.75 and a twelve month high of $133.46. The firm has a market capitalization of $18.02 billion, a price-to-earnings ratio of 91.88 and a beta of 2.06.

Roku (NASDAQ:ROKU) last released its quarterly earnings data on Thursday, April 30th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.34 by $0.23. The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.20 billion. Roku had a return on equity of 7.64% and a net margin of 4.06%.The firm’s revenue was up 22.4% compared to the same quarter last year. During the same period last year, the company posted ($0.19) earnings per share. On average, analysts predict that Roku, Inc. will post 2.41 earnings per share for the current year.

Analyst Ratings Changes

A number of research firms have weighed in on ROKU. Benchmark upped their price target on Roku from $130.00 to $160.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Stifel Nicolaus set a $160.00 target price on shares of Roku in a research report on Monday, March 2nd. Wedbush lifted their price target on shares of Roku from $140.00 to $155.00 and gave the stock an “outperform” rating in a research note on Friday, May 1st. Evercore reiterated an “outperform” rating and issued a $150.00 price objective on shares of Roku in a report on Friday, February 13th. Finally, Needham & Company LLC upped their price objective on shares of Roku from $110.00 to $140.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Twenty-two investment analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $145.29.

Roku News Summary

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku was highlighted in a bullish article that said the company is now in 100 million households worldwide and is positioning itself as a key destination for live sports content, including the addition of FOX One ahead of major World Cup coverage. Article Title
• Positive Sentiment: Investor sentiment remains supported by Roku’s recent earnings beat, with the company previously reporting stronger-than-expected revenue and EPS, which continues to reinforce the growth story behind the stock.
• Neutral Sentiment: Roku presented at the 2026 Evercore Global TMT Conference, which may have helped keep investor focus on the company’s growth strategy and outlook. Article Title
• Negative Sentiment: Several Roku insiders, including an SVP, CAO, director, and other executives, filed stock sales totaling thousands of shares. The sales were made under pre-arranged 10b5-1 plans and for tax withholding, but insider selling can still weigh on sentiment. Article Title
• Negative Sentiment: Broader market pressure on growth stocks also hurt Roku, as rising Treasury yields compressed valuations and geopolitical uncertainty clouded the advertising outlook, both of which are important for a company tied to ad spending. Article Title

Institutional Trading of Roku

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Blue Trust Inc. increased its position in shares of Roku by 680.0% in the 4th quarter. Blue Trust Inc. now owns 234 shares of the company’s stock worth $25,000 after purchasing an additional 204 shares during the last quarter. Aventura Private Wealth LLC acquired a new position in Roku in the fourth quarter worth about $26,000. Bayban increased its holdings in Roku by 1,300.0% in the first quarter. Bayban now owns 280 shares of the company’s stock valued at $26,000 after buying an additional 260 shares during the last quarter. WPG Advisers LLC acquired a new stake in Roku during the fourth quarter valued at approximately $31,000. Finally, Safe Harbor Fiduciary LLC bought a new position in Roku during the 4th quarter worth approximately $31,000. Institutional investors own 86.30% of the company’s stock.

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.