True Vision MN LLC Grows Holdings in Roku, Inc. $ROKU

True Vision MN LLC increased its position in shares of Roku, Inc. (NASDAQ:ROKU) by 3.3% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,544 shares of the company’s stock after purchasing an additional 179 shares during the quarter. True Vision MN LLC’s holdings in Roku were worth $487,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Berkshire Capital Holdings Inc. boosted its holdings in Roku by 1,413,400.0% during the first quarter. Berkshire Capital Holdings Inc. now owns 141,350 shares of the company’s stock worth $9,957,000 after purchasing an additional 141,340 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new position in Roku during the first quarter worth about $6,026,000. Atika Capital Management LLC purchased a new position in Roku during the first quarter worth about $5,086,000. Lecap Asset Management Ltd. purchased a new position in Roku during the first quarter worth about $511,000. Finally, Blair William & Co. IL boosted its holdings in Roku by 14.7% during the first quarter. Blair William & Co. IL now owns 45,727 shares of the company’s stock worth $3,221,000 after purchasing an additional 5,869 shares during the last quarter. 86.30% of the stock is currently owned by hedge funds and other institutional investors.

Roku Stock Up 1.0%

NASDAQ ROKU opened at $104.84 on Tuesday. The company’s 50 day moving average is $94.21 and its 200-day moving average is $81.27. The firm has a market cap of $15.45 billion, a P/E ratio of -249.62, a price-to-earnings-growth ratio of 14.54 and a beta of 2.13. Roku, Inc. has a 12-month low of $52.43 and a 12-month high of $105.45.

Roku (NASDAQ:ROKU) last posted its earnings results on Thursday, July 31st. The company reported $0.07 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.16) by $0.23. The business had revenue of $1.11 billion for the quarter, compared to analyst estimates of $1.07 billion. Roku had a negative net margin of 1.40% and a negative return on equity of 2.44%. Roku’s revenue was up 14.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted ($0.18) EPS. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities analysts expect that Roku, Inc. will post -0.3 EPS for the current year.

Analyst Ratings Changes

Several brokerages have commented on ROKU. JPMorgan Chase & Co. lifted their price objective on shares of Roku from $100.00 to $105.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. UBS Group lifted their price objective on shares of Roku from $72.00 to $95.00 and gave the stock a “neutral” rating in a research report on Friday, August 1st. Guggenheim lifted their price objective on shares of Roku from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Friday, August 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $110.00 price objective on shares of Roku in a research report on Wednesday, October 1st. Finally, Piper Sandler lifted their price objective on shares of Roku from $65.00 to $84.00 and gave the stock a “neutral” rating in a research report on Thursday, July 10th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $101.33.

Insider Buying and Selling at Roku

In related news, CFO Dan Jedda sold 3,000 shares of the company’s stock in a transaction that occurred on Monday, September 15th. The shares were sold at an average price of $94.52, for a total transaction of $283,560.00. Following the sale, the chief financial officer owned 83,420 shares of the company’s stock, valued at approximately $7,884,858.40. This represents a 3.47% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CAO Matthew C. Banks sold 2,180 shares of the company’s stock in a transaction that occurred on Wednesday, September 3rd. The stock was sold at an average price of $97.85, for a total transaction of $213,313.00. Following the sale, the chief accounting officer directly owned 5,355 shares in the company, valued at $523,986.75. This trade represents a 28.93% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 529,986 shares of company stock worth $51,523,263 in the last ninety days. Insiders own 13.98% of the company’s stock.

Roku 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.