Roku, Inc. (NASDAQ:ROKU – Get Free Report) insider Charles Collier sold 14,361 shares of the business’s stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $94.99, for a total value of $1,364,151.39. Following the completion of the sale, the insider directly owned 200 shares of the company’s stock, valued at approximately $18,998. This trade represents a 98.63% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.
Charles Collier also recently made the following trade(s):
- On Tuesday, November 4th, Charles Collier sold 15,404 shares of Roku stock. The stock was sold at an average price of $104.71, for a total value of $1,612,952.84.
- 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 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 stock was sold at an average price of $105.00, for a total transaction 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 transaction of $1,018,068.66.
- On Wednesday, September 3rd, Charles Collier sold 14,361 shares of Roku stock. The shares were 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 NASDAQ ROKU traded down $2.17 during trading hours on Wednesday, hitting $93.10. The company’s stock had a trading volume of 2,314,352 shares, compared to its average volume of 3,753,766. The stock has a market cap of $13.76 billion, a price-to-earnings ratio of -465.48 and a beta of 2.18. Roku, Inc. has a 12 month low of $52.43 and a 12 month high of $116.66. The business has a 50-day simple moving average of $99.53 and a 200-day simple moving average of $89.05.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of ROKU. Westfuller Advisors LLC bought a new stake in shares of Roku during the third quarter valued at approximately $30,000. Root Financial Partners LLC bought a new stake in shares of Roku in the 3rd quarter worth $33,000. Cornerstone Planning Group LLC raised its stake 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 worth $41,000 after purchasing an additional 409 shares during the last quarter. Beaird Harris Wealth Management LLC purchased a new position in shares of Roku in the first quarter worth $30,000. Finally, Banque Transatlantique SA bought a new position in shares of Roku during the first quarter valued at $28,000. 86.30% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
ROKU has been the topic of several research reports. KeyCorp restated an “overweight” rating and set a $116.00 price target on shares of Roku in a research report on Tuesday, October 28th. Guggenheim lifted their price target on shares of Roku from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Benchmark reissued a “buy” rating on shares of Roku in a research note on Monday, October 27th. UBS Group raised their target price on shares of Roku from $95.00 to $103.00 and gave the company a “neutral” rating in a research note on Monday, November 3rd. Finally, Rosenblatt Securities lifted their target price on shares of Roku from $101.00 to $106.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Two analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, six have assigned a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, Roku presently has a consensus rating of “Moderate Buy” and an average price target of $111.14.
Read Our Latest Report on Roku
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.
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