Roku (NASDAQ:ROKU) Insider Sells $1,612,952.84 in Stock

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 15,404 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $104.71, for a total transaction of $1,612,952.84. Following the sale, the insider owned 200 shares of the company’s stock, valued at $20,942. This trade represents a 98.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.

Charles Collier also recently made the following trade(s):

• On Friday, October 31st, Charles Collier sold 118,088 shares of Roku stock. The shares were sold at an average price of $115.00, for a total value of $13,580,120.00.
• On Monday, October 6th, Charles Collier sold 15,404 shares of Roku stock. The stock was sold at an average price of $103.31, for a total value of $1,591,387.24.
• On Wednesday, October 1st, Charles Collier sold 112,961 shares of Roku stock. The stock was sold at an average price of $105.00, for a total value of $11,860,905.00.
• On Thursday, September 4th, Charles Collier sold 10,269 shares of Roku stock. The stock was sold at an average price of $99.14, for a total value of $1,018,068.66.
• On Wednesday, September 3rd, Charles Collier sold 14,361 shares of Roku stock. The stock was sold at an average price of $97.06, for a total transaction of $1,393,878.66.
• On Friday, August 22nd, Charles Collier sold 10,269 shares of Roku stock. The shares were sold at an average price of $95.00, for a total transaction of $975,555.00.

Roku Stock Performance

Shares of ROKU traded down $2.53 during midday trading on Tuesday, hitting $106.10. 3,498,706 shares of the company traded hands, compared to its average volume of 3,429,974. The firm has a 50 day moving average of $98.52 and a 200-day moving average of $86.37. Roku, Inc. has a 52 week low of $52.43 and a 52 week high of $116.66. The stock has a market cap of $15.63 billion, a price-to-earnings ratio of -530.47, a PEG ratio of 5.81 and a beta of 2.18.

Roku (NASDAQ:ROKU) last posted its earnings results on Thursday, October 30th. The company reported $0.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.07 by $0.09. Roku had a negative net margin of 0.61% and a negative return on equity of 1.08%. The firm had revenue of $1.21 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the firm posted ($0.06) earnings per share. Roku’s revenue for the quarter was up 14.0% compared to the same quarter last year. Roku has set its Q4 2025 guidance at EPS. Sell-side analysts predict that Roku, Inc. will post -0.3 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several research firms have recently issued reports on ROKU. UBS Group raised their price objective on Roku from $95.00 to $103.00 and gave the company a “neutral” rating in a research note on Monday. Rosenblatt Securities raised their price target on Roku from $101.00 to $106.00 and gave the stock a “neutral” rating in a research report on Friday. Raymond James Financial restated a “market perform” rating on shares of Roku in a research report on Friday. Piper Sandler upgraded Roku from a “neutral” rating to an “overweight” rating and raised their price target for the stock from $88.00 to $135.00 in a research report on Monday. Finally, Wells Fargo & Company raised their target price on shares of Roku from $113.00 to $116.00 and gave the stock an “overweight” rating in a report on Friday. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $110.18.

Institutional Trading of Roku

Several institutional investors and hedge funds have recently modified their holdings of the stock. Westfuller Advisors LLC bought a new stake in Roku during the 3rd quarter valued at $30,000. Root Financial Partners LLC bought a new stake in Roku during the 3rd quarter valued at $33,000. Cornerstone Planning Group LLC raised its holdings in shares of Roku by 20,450.0% in the third quarter. Cornerstone Planning Group LLC now owns 411 shares of the company’s stock valued at $41,000 after acquiring an additional 409 shares in the last quarter. Beaird Harris Wealth Management LLC bought a new stake in shares of Roku in the first quarter valued at about $30,000. Finally, Banque Transatlantique SA bought a new stake in shares of Roku in the first quarter valued at about $28,000. Institutional investors own 86.30% of the company’s stock.

About Roku

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.