Charles Collier Sells 118,088 Shares of Roku (NASDAQ:ROKU) Stock

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 118,088 shares of the business’s stock in a transaction on Friday, October 31st. The shares were sold at an average price of $115.00, for a total transaction of $13,580,120.00. Following the sale, the insider directly owned 200 shares of the company’s stock, valued at $23,000. This represents a 99.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

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 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 shares were sold at an average price of $105.00, for a total value 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 value 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 value of $1,393,878.66.
• On Friday, August 22nd, Charles Collier sold 10,269 shares of Roku stock. The stock was sold at an average price of $95.00, for a total value of $975,555.00.

Roku Stock Performance

ROKU traded down $2.53 on Tuesday, reaching $106.10. 3,498,706 shares of the company’s stock were exchanged, compared to its average volume of 3,429,974. Roku, Inc. has a twelve month low of $52.43 and a twelve month high of $116.66. The company’s 50 day moving average is $98.52 and its 200-day moving average is $86.37. The company has a market cap of $15.63 billion, a price-to-earnings ratio of -530.47, a PEG ratio of 5.81 and a beta of 2.18.

Roku (NASDAQ:ROKU) last released its quarterly earnings data on Thursday, October 30th. The company reported $0.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.09. Roku had a negative net margin of 0.61% and a negative return on equity of 1.08%. The company had revenue of $1.21 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the previous year, the firm earned ($0.06) earnings per share. Roku’s revenue for the quarter was up 14.0% on a year-over-year basis. Roku has set its Q4 2025 guidance at EPS. Sell-side analysts forecast that Roku, Inc. will post -0.3 EPS for the current year.

Analyst Ratings Changes

Several analysts recently issued reports on ROKU shares. Citigroup increased their price target on Roku from $85.00 to $100.00 and gave the company a “neutral” rating in a report on Thursday, September 18th. Benchmark reaffirmed a “buy” rating on shares of Roku in a research report on Monday, October 27th. Pivotal Research raised their target price on Roku from $120.00 to $135.00 and gave the company a “buy” rating in a report on Monday. JPMorgan Chase & Co. upped their price target on Roku from $105.00 to $115.00 and gave the stock an “overweight” rating in a report on Friday. Finally, Piper Sandler raised shares of Roku from a “neutral” rating to an “overweight” rating and increased their price objective for the company from $88.00 to $135.00 in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, six have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, Roku has a consensus rating of “Moderate Buy” and an average price target of $110.18.

Institutional Trading of Roku

A number of hedge funds and other institutional investors have recently made changes to their positions in ROKU. GAMMA Investing LLC boosted its stake in Roku by 9.5% during the 3rd quarter. GAMMA Investing LLC now owns 1,114 shares of the company’s stock valued at $112,000 after acquiring an additional 97 shares during the last quarter. Cornerstone Wealth Management LLC raised its stake in shares of Roku by 3.8% in the 3rd quarter. Cornerstone Wealth Management LLC now owns 2,728 shares of the company’s stock valued at $273,000 after purchasing an additional 100 shares in the last quarter. Aviance Capital Partners LLC lifted its position in shares of Roku by 2.6% during the third quarter. Aviance Capital Partners LLC now owns 4,172 shares of the company’s stock worth $418,000 after purchasing an additional 106 shares during the last quarter. O Keefe Stevens Advisory Inc. grew its stake in Roku by 1.8% in the third quarter. O Keefe Stevens Advisory Inc. now owns 6,233 shares of the company’s stock worth $624,000 after purchasing an additional 113 shares in the last quarter. Finally, Lecap Asset Management Ltd. grew its stake in Roku by 2.6% in the third quarter. Lecap Asset Management Ltd. now owns 4,905 shares of the company’s stock worth $491,000 after purchasing an additional 124 shares in the last quarter. Institutional investors own 86.30% of the company’s stock.

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.