VIRGINIA RETIREMENT SYSTEMS ET Al Takes Position in Roku, Inc. $ROKU

VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Roku, Inc. (NASDAQ:ROKU) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 32,390 shares of the company’s stock, valued at approximately $4,474,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Bayban grew its holdings in Roku by 1,300.0% during the 1st quarter. Bayban now owns 280 shares of the company’s stock valued at $26,000 after buying an additional 260 shares during the last quarter. Safe Harbor Fiduciary LLC purchased a new stake in shares of Roku in the fourth quarter valued at $31,000. Rakuten Securities Inc. boosted its stake in shares of Roku by 55.6% during the second quarter. Rakuten Securities Inc. now owns 442 shares of the company’s stock valued at $39,000 after acquiring an additional 158 shares during the last quarter. Elevation Wealth Partners LLC boosted its stake in shares of Roku by 208.7% during the second quarter. Elevation Wealth Partners LLC now owns 318 shares of the company’s stock valued at $44,000 after acquiring an additional 215 shares during the last quarter. Finally, Osbon Capital Management LLC purchased a new stake in Roku during the 4th quarter worth about $45,000. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Insider Transactions at Roku

In other news, insider Mustafa Ozgen sold 10,194 shares of the firm’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $144.00, for a total value of $1,467,936.00. Following the transaction, the insider directly owned 19,185 shares in the company, valued at $2,762,640. This trade represents a 34.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Anthony Wood sold 25,000 shares of Roku stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $130.00, for a total value of $3,250,000.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 147,479 shares of company stock valued at $21,566,770 in the last ninety days. Company insiders own 13.45% of the company’s stock.

Key Headlines Impacting Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: International NFL expansion supports platform engagement. Roku and the NFL are expanding NFL Zone, a league content hub within Roku Sports, to Canada, Mexico and Brazil ahead of the 2026 season. The expansion could increase viewing hours, user engagement and advertising opportunities. Roku and NFL expand NFL Zone to Canada, Mexico and Brazil
• Positive Sentiment: Roku’s strategic value remains evident. Parks Associates data indicates Roku is the most-used streaming media player for 43% of surveyed U.S. internet households, underscoring the importance of its operating system, advertising platform and consumer reach. Parks Associates: Fox Acquisition of Roku
• Neutral Sentiment: Fox says the acquisition remains on track. Fox COO John Nallen characterized the DOJ scrutiny as expected, while Fox and Roku said they will cooperate by providing additional information and documents. The companies continue to expect the deal to close in early 2027. Fox Corp. COO John Nallen Says Roku Deal On Track
• Negative Sentiment: Expanded DOJ review is the main overhang. The Justice Department requested additional information in its antitrust examination of Fox’s proposed acquisition of Roku. The second request raises the risk of a longer closing timeline, additional conditions or potential failure of the transaction, weighing on deal-related investor optimism. DOJ wants more answers on Fox’s $22B Roku deal
• Negative Sentiment: Insider selling may add a modest cautionary signal. Roku insider Charles Collier sold 20,538 shares worth approximately $3.2 million, reducing his holdings by 47.5%. The transaction was conducted under a pre-arranged Rule 10b5-1 plan, limiting its significance as a current view on the stock. Roku insider transaction filing

Roku Stock Performance

Shares of ROKU stock opened at $152.90 on Thursday. The firm has a market capitalization of $22.69 billion, a price-to-earnings ratio of 65.34 and a beta of 2.05. Roku, Inc. has a one year low of $78.53 and a one year high of $159.89. The company has a 50 day moving average price of $149.54 and a 200 day moving average price of $126.32.

Roku (NASDAQ:ROKU) last announced its quarterly earnings results on Thursday, August 6th. The company reported $1.08 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.47. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.30 billion. Roku had a net margin of 6.82% and a return on equity of 13.73%. Roku’s revenue for the quarter was up 21.9% on a year-over-year basis. During the same quarter last year, the business earned $0.07 EPS. As a group, equities analysts forecast that Roku, Inc. will post 2.85 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ROKU shares. Piper Sandler downgraded shares of Roku from an “overweight” rating to a “neutral” rating and boosted their target price for the company from $148.00 to $160.00 in a research note on Tuesday, June 16th. JPMorgan Chase & Co. assumed coverage on shares of Roku in a report on Monday, August 24th. They set a “neutral” rating and a $160.00 price target for the company. William Blair lowered shares of Roku from an “outperform” rating to a “market perform” rating in a research report on Monday, June 15th. Oppenheimer downgraded shares of Roku from an “outperform” rating to a “market perform” rating in a research note on Monday, June 15th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $160.00 target price on shares of Roku in a research note on Monday, August 10th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nineteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $156.17.

Roku Profile

Roku, Inc (NASDAQ: ROKU) operates a television streaming platform that connects consumers with digital entertainment. Its Roku operating system powers streaming players, Roku-branded televisions and smart-TV products made by licensing partners. The platform provides access to streaming services, live television, movies, music and other applications.

The company also operates The Roku Channel, its own ad-supported streaming service offering licensed and original content, including movies, television programs, live channels and premium subscription options.