Charles Collier Sells 112,961 Shares of Roku (NASDAQ:ROKU) Stock

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 112,961 shares of the firm’s stock in a transaction dated Wednesday, October 1st. The shares were sold at an average price of $105.00, for a total transaction of $11,860,905.00. Following the completion of the sale, the insider owned 200 shares of the company’s stock, valued at $21,000. This trade represents a 99.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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

• 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 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.
• On Monday, July 21st, Charles Collier sold 212,559 shares of Roku stock. The shares were sold at an average price of $95.00, for a total transaction of $20,193,105.00.

Roku Stock Performance

Shares of NASDAQ:ROKU opened at $103.85 on Friday. The company has a 50-day simple moving average of $93.99 and a 200 day simple moving average of $80.97. The company has a market capitalization of $15.30 billion, a P/E ratio of -247.26, a price-to-earnings-growth ratio of 14.54 and a beta of 2.13. Roku, Inc. has a 52-week low of $52.43 and a 52-week high of $105.45.

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

Analyst Ratings Changes

Several equities research analysts have issued reports on ROKU shares. Wells Fargo & Company raised their price objective on shares of Roku from $100.00 to $113.00 and gave the stock an “overweight” rating in a research report on Friday, August 1st. Needham & Company LLC restated a “buy” rating and set a $110.00 price objective on shares of Roku in a research report on Wednesday. JMP Securities restated a “market outperform” rating and set a $145.00 price objective on shares of Roku in a research report on Thursday. Loop Capital upgraded shares of Roku from a “hold” rating to a “buy” rating and raised their price objective for the stock from $80.00 to $100.00 in a research report on Tuesday, June 17th. Finally, UBS Group raised their target price on shares of Roku from $72.00 to $95.00 and gave the stock a “neutral” rating in a report on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating, seven have issued a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat.com, Roku has an average rating of “Moderate Buy” and an average target price of $101.33.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in ROKU. Garde Capital Inc. bought a new position in Roku in the first quarter valued at approximately $25,000. Banque Transatlantique SA bought a new position in Roku in the first quarter valued at approximately $28,000. Beaird Harris Wealth Management LLC bought a new position in Roku in the first quarter valued at approximately $30,000. Golden State Wealth Management LLC increased its stake in Roku by 125.4% in the first quarter. Golden State Wealth Management LLC now owns 444 shares of the company’s stock valued at $31,000 after acquiring an additional 247 shares during the last quarter. Finally, Princeton Global Asset Management LLC bought a new position in Roku in the first quarter valued at approximately $35,000. 86.30% of the stock is owned by institutional investors.

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.