Roku (NASDAQ:ROKU) CEO Anthony Wood Sells 2,900 Shares

Roku, Inc. (NASDAQ:ROKU) CEO Anthony Wood sold 2,900 shares of the company’s stock in a transaction on Tuesday, October 28th. The shares were sold at an average price of $100.01, for a total value of $290,029.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Roku Stock Performance

Shares of ROKU opened at $100.03 on Friday. The stock’s 50-day simple moving average is $97.78 and its 200 day simple moving average is $84.98. The stock has a market capitalization of $14.74 billion, a price-to-earnings ratio of -238.17, a price-to-earnings-growth ratio of 11.63 and a beta of 2.13. Roku, Inc. has a 52-week low of $52.43 and a 52-week high of $107.25.

Roku (NASDAQ:ROKU) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.07 by $0.09. The business had revenue of $1.21 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Roku had a negative return on equity of 2.44% and a negative net margin of 1.40%.The firm’s quarterly revenue was up 14.0% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.06) EPS. Roku has set its Q4 2025 guidance at EPS. On average, research analysts forecast that Roku, Inc. will post -0.3 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ROKU has been the topic of a number of recent research reports. JMP Securities reissued a “market outperform” rating and set a $145.00 price objective on shares of Roku in a report on Thursday, October 2nd. Susquehanna increased their price objective on Roku from $85.00 to $110.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Citigroup increased their price objective on Roku from $85.00 to $100.00 and gave the stock a “neutral” rating in a report on Thursday, September 18th. Needham & Company LLC reissued a “buy” rating and set a $110.00 price objective on shares of Roku in a report on Wednesday, October 1st. Finally, Rosenblatt Securities increased their price objective on Roku from $75.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $103.95.

Institutional Trading of Roku

Several institutional investors and hedge funds have recently modified their holdings of the business. Westfuller Advisors LLC purchased a new stake in shares of Roku in the 3rd quarter valued at about $30,000. Chicago Partners Investment Group LLC raised its holdings in shares of Roku by 61.4% in the 3rd quarter. Chicago Partners Investment Group LLC now owns 5,733 shares of the company’s stock valued at $568,000 after acquiring an additional 2,181 shares in the last quarter. Jackson Thornton Wealth Management LLC bought a new position in shares of Roku during the 3rd quarter valued at about $349,000. Inscription Capital LLC increased its position in shares of Roku by 82.7% during the 3rd quarter. Inscription Capital LLC now owns 5,312 shares of the company’s stock valued at $532,000 after purchasing an additional 2,405 shares during the last quarter. Finally, Root Financial Partners LLC bought a new position in shares of Roku during the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Roku Company Profile

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.