Roku (NASDAQ:ROKU) Insider Charles Collier Sells 118,088 Shares of Stock

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 118,088 shares of the firm’s stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $115.00, for a total value of $13,580,120.00. Following the completion of the sale, the insider directly owned 200 shares in the company, valued at $23,000. This trade represents a 99.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

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

• On Tuesday, November 4th, Charles Collier sold 15,404 shares of Roku stock. The shares were sold at an average price of $104.71, for a total value of $1,612,952.84.
• On Monday, October 6th, Charles Collier sold 15,404 shares of Roku stock. The shares were 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 shares were 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 shares were 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 value of $1,393,878.66.
• On Friday, August 22nd, Charles Collier sold 10,269 shares of Roku stock. The stock was sold at an average price of $95.00, for a total value of $975,555.00.

Roku Price Performance

Roku stock opened at $106.10 on Wednesday. The stock’s 50 day moving average is $98.52 and its 200 day moving average is $86.37. The firm has a market cap of $15.63 billion, a P/E ratio of -530.47, a P/E/G ratio of 5.81 and a beta of 2.18. Roku, Inc. has a one year low of $52.43 and a one year high of $116.66.

Roku (NASDAQ:ROKU) last issued its earnings results on Thursday, October 30th. The company reported $0.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.07 by $0.09. The business had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.21 billion. Roku had a negative return on equity of 1.08% and a negative net margin of 0.61%.The firm’s revenue for the quarter was up 14.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.06) earnings per share. Roku has set its Q4 2025 guidance at EPS. Equities analysts anticipate 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 commented on ROKU. Zacks Research upgraded Roku from a “hold” rating to a “strong-buy” rating in a report on Friday, October 31st. JMP Securities reaffirmed a “market outperform” rating and set a $145.00 target price on shares of Roku in a research report on Thursday, October 2nd. JPMorgan Chase & Co. lifted their target price on Roku from $105.00 to $115.00 and gave the company an “overweight” rating in a research report on Friday, October 31st. Morgan Stanley reaffirmed an “underweight” rating on shares of Roku in a research report on Friday. Finally, Raymond James Financial reaffirmed a “market perform” rating on shares of Roku in a research report on Friday. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Roku currently has a consensus rating of “Moderate Buy” and a consensus target price of $110.18.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the company. Vanguard Group Inc. grew its stake in shares of Roku by 1.4% during the 2nd quarter. Vanguard Group Inc. now owns 12,675,816 shares of the company’s stock worth $1,114,077,000 after acquiring an additional 172,221 shares during the period. Acadian Asset Management LLC grew its stake in shares of Roku by 41.2% during the 2nd quarter. Acadian Asset Management LLC now owns 2,691,643 shares of the company’s stock worth $236,545,000 after acquiring an additional 785,864 shares during the period. Tableaux LLC bought a new position in shares of Roku during the 2nd quarter worth $1,746,000. Jacobs Levy Equity Management Inc. grew its stake in shares of Roku by 21.9% during the 1st quarter. Jacobs Levy Equity Management Inc. now owns 1,581,097 shares of the company’s stock worth $111,372,000 after acquiring an additional 284,323 shares during the period. Finally, Duquesne Family Office LLC grew its stake in shares of Roku by 123.0% during the 2nd quarter. Duquesne Family Office LLC now owns 1,100,500 shares of the company’s stock worth $96,723,000 after acquiring an additional 606,900 shares during the period. 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.