AXQ Capital LP Makes New Investment in Roku, Inc. $ROKU

AXQ Capital LP acquired a new position in shares of Roku, Inc. (NASDAQ:ROKU) during the fourth quarter, HoldingsChannel reports. The fund acquired 15,499 shares of the company’s stock, valued at approximately $1,681,000.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. AGF Management Ltd. acquired a new stake in shares of Roku in the 3rd quarter valued at approximately $15,023,000. Jefferies Financial Group Inc. acquired a new stake in shares of Roku in the 4th quarter valued at approximately $1,345,000. Convergence Investment Partners LLC acquired a new stake in shares of Roku in the 3rd quarter valued at approximately $2,492,000. Holocene Advisors LP raised its position in shares of Roku by 352.3% in the 3rd quarter. Holocene Advisors LP now owns 1,650,448 shares of the company’s stock valued at $165,259,000 after acquiring an additional 1,285,585 shares during the period. Finally, Crossmark Global Holdings Inc. acquired a new stake in shares of Roku in the 3rd quarter valued at approximately $2,997,000. Institutional investors own 86.30% of the company’s stock.

Insider Activity at Roku

In other news, CFO Dan Jedda sold 7,000 shares of Roku stock in a transaction that occurred on Friday, May 15th. The shares were sold at an average price of $122.56, for a total value of $857,920.00. Following the completion of the sale, the chief financial officer directly owned 71,115 shares in the company, valued at approximately $8,715,854.40. The trade was a 8.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Gilbert Fuchsberg sold 9,593 shares of Roku stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $125.52, for a total transaction of $1,204,113.36. Following the completion of the sale, the insider owned 50,863 shares of the company’s stock, valued at approximately $6,384,323.76. The trade was a 15.87% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 681,358 shares of company stock valued at $75,642,627. 13.45% of the stock is currently owned by insiders.

Roku News Summary

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku added more than 20 new free live TV channels, expanding its content lineup and giving users another reason to stay active on the platform. Roku just added over 20 new free live TV channels
• Positive Sentiment: The company launched a Soccer Zone portal for 2026 World Cup coverage, a timely sports hub that could lift streaming time, ad inventory, and audience engagement ahead of a major global event. Roku launches Soccer Zone portal ahead of FIFA World Cup tournament
• Positive Sentiment: Roku also introduced Soccer Zone for broader World Cup coverage, underscoring its push to attract viewers with premium, event-driven content that can support ad-driven revenue. Roku Launches Soccer Zone for Comprehensive 2026 World Cup Coverage
• Positive Sentiment: The Roku Streaming Stick 4K being discounted to under $41 may help stimulate hardware sales and grow the installed base of active users. Roku Streaming Stick 4K with voice remote now under $41
• Neutral Sentiment: Roku said CFO and COO Dan Jedda will speak at Evercore ISI’s TMT Conference on June 2; investor conferences can sometimes move shares, but this announcement did not include new financial guidance or operating results. Roku CFO to Participate in Fireside Chat Hosted by Evercore ISI
• Neutral Sentiment: Coverage on Roku’s home-screen redesign and added ad placements points to continued monetization efforts, but these stories are more about platform evolution than a clear near-term earnings catalyst. Roku’s New Home Screen Has More Personalization… and a Large Ad
• Negative Sentiment: One article emphasized that Roku remains far below its all-time highs, which can keep attention on valuation and long-term recovery concerns. Cathie Wood favorite tech stock still down 73% from all-time highs

Roku Price Performance

ROKU stock opened at $129.03 on Tuesday. The company has a fifty day moving average price of $113.01 and a two-hundred day moving average price of $104.54. Roku, Inc. has a one year low of $71.61 and a one year high of $133.46. The stock has a market cap of $19.02 billion, a price-to-earnings ratio of 97.02 and a beta of 2.04.

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

Wall Street Analyst Weigh In

ROKU has been the topic of a number of analyst reports. Benchmark increased their price target on shares of Roku from $130.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Citizens Jmp restated a “market outperform” rating and set a $170.00 target price on shares of Roku in a report on Thursday, May 28th. Stifel Nicolaus set a $160.00 target price on shares of Roku in a report on Monday, March 2nd. Robert W. Baird raised their target price on shares of Roku from $130.00 to $160.00 and gave the stock an “outperform” rating in a report on Monday, May 11th. Finally, Citigroup restated a “market outperform” rating on shares of Roku in a report on Thursday. Twenty-two research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $144.46.

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.