Aberdeen Group plc Has $510,000 Position in Roku, Inc. $ROKU

Aberdeen Group plc lifted its position in shares of Roku, Inc. (NASDAQ:ROKU) by 76.1% in the second quarter, HoldingsChannel reports. The fund owned 5,803 shares of the company’s stock after buying an additional 2,508 shares during the period. Aberdeen Group plc’s holdings in Roku were worth $510,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Berkshire Capital Holdings Inc. increased its holdings in Roku by 1,413,400.0% in the first quarter. Berkshire Capital Holdings Inc. now owns 141,350 shares of the company’s stock valued at $9,957,000 after purchasing an additional 141,340 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH acquired a new position in Roku during the first quarter valued at approximately $6,026,000. Atika Capital Management LLC acquired a new stake in shares of Roku in the first quarter valued at approximately $5,086,000. Lecap Asset Management Ltd. acquired a new stake in shares of Roku in the first quarter valued at approximately $511,000. Finally, Blair William & Co. IL lifted its holdings in Roku by 14.7% during the 1st quarter. Blair William & Co. IL now owns 45,727 shares of the company’s stock worth $3,221,000 after purchasing an additional 5,869 shares during the last quarter. Institutional investors own 86.30% of the company’s stock.

Insider Activity at Roku

In other Roku news, CFO Dan Jedda sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, October 15th. The stock was sold at an average price of $95.82, for a total transaction of $287,460.00. Following the sale, the chief financial officer owned 80,420 shares in the company, valued at $7,705,844.40. This trade represents a 3.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mustafa Ozgen sold 50,527 shares of the firm’s stock in a transaction dated Tuesday, September 9th. The shares were sold at an average price of $100.00, for a total value of $5,052,700.00. The disclosure for this sale can be found here. Insiders have sold 540,890 shares of company stock valued at $52,833,661 in the last ninety days. 13.98% of the stock is currently owned by corporate insiders.

Roku Trading Down 1.2%

Shares of NASDAQ ROKU opened at $94.21 on Friday. The stock has a fifty day simple moving average of $96.01 and a two-hundred day simple moving average of $82.55. Roku, Inc. has a 1-year low of $52.43 and a 1-year high of $107.25. The firm has a market cap of $13.88 billion, a price-to-earnings ratio of -224.31, a price-to-earnings-growth ratio of 11.11 and a beta of 2.13.

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

Wall Street Analyst Weigh In

ROKU has been the subject of several research reports. Susquehanna lifted their price target on Roku from $85.00 to $110.00 and gave the stock a “positive” rating in a report on Friday, August 1st. Pivotal Research raised their price objective on Roku from $100.00 to $120.00 and gave the company a “buy” rating in a report on Friday, August 1st. Guggenheim lifted their target price on Roku from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Friday, August 1st. Weiss Ratings reissued a “sell (d-)” rating on shares of Roku in a research note on Wednesday, October 8th. Finally, Wall Street Zen raised Roku from a “hold” rating to a “buy” rating in a research note on Sunday. Two research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have assigned a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Roku has a consensus rating of “Moderate Buy” and an average target price of $101.33.

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.