Chicago Partners Investment Group LLC Takes $321,000 Position in Roku, Inc. $ROKU

Chicago Partners Investment Group LLC bought a new stake in shares of Roku, Inc. (NASDAQ:ROKU) during the 2nd quarter, HoldingsChannel reports. The institutional investor bought 3,552 shares of the company’s stock, valued at approximately $321,000.

Several other large investors have also recently modified their holdings of ROKU. Banque Transatlantique SA bought a new position in shares of Roku during the 1st quarter valued at approximately $28,000. Beaird Harris Wealth Management LLC bought a new position in Roku in the 1st quarter valued at $30,000. Golden State Wealth Management LLC grew its position in Roku by 125.4% in the 1st 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. JFS Wealth Advisors LLC grew its position in Roku by 327.1% in the 2nd quarter. JFS Wealth Advisors LLC now owns 457 shares of the company’s stock valued at $40,000 after acquiring an additional 350 shares during the last quarter. Finally, N.E.W. Advisory Services LLC bought a new position in Roku in the 1st quarter valued at $44,000. Institutional investors own 86.30% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have weighed in on ROKU shares. Wall Street Zen upgraded Roku from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. Pivotal Research upped their price objective on Roku from $100.00 to $120.00 and gave the stock a “buy” rating in a research note on Friday, August 1st. Wedbush restated an “outperform” rating and set a $100.00 price objective on shares of Roku in a research note on Monday, July 28th. JPMorgan Chase & Co. increased their price target on Roku from $100.00 to $105.00 and gave the company an “overweight” rating in a research note on Friday, August 1st. Finally, UBS Group increased their price target on Roku from $72.00 to $95.00 and gave the company a “neutral” rating in a research note on Friday, August 1st. Two investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $101.33.

Roku Trading Up 2.3%

Shares of NASDAQ ROKU opened at $98.28 on Friday. Roku, Inc. has a twelve month low of $52.43 and a twelve month high of $107.25. The stock has a fifty day simple moving average of $96.93 and a 200-day simple moving average of $83.46. The stock has a market capitalization of $14.48 billion, a PE ratio of -234.00, a PEG ratio of 11.32 and a beta of 2.13.

Roku (NASDAQ:ROKU) last released its earnings results on Thursday, July 31st. The company reported $0.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.16) by $0.23. The firm had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. Roku had a negative return on equity of 2.44% and a negative net margin of 1.40%.Roku’s revenue 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. On average, equities analysts predict that Roku, Inc. will post -0.3 earnings per share for the current year.

Insider Activity

In other Roku news, insider Mustafa Ozgen sold 50,527 shares of the company’s stock in a transaction that occurred on Tuesday, September 9th. The stock was sold at an average price of $100.00, for a total transaction of $5,052,700.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Charles Collier sold 15,404 shares of the business’s stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $103.31, for a total value of $1,591,387.24. Following the transaction, the insider owned 200 shares in the company, valued at $20,662. The trade was a 98.72% decrease in their position. The disclosure for this sale can be found here. Insiders sold 328,331 shares of company stock worth $32,640,556 over the last quarter. 13.98% of the stock is owned by insiders.

Roku 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.