Roku (NASDAQ:ROKU) Insider Charles Collier Sells 14,361 Shares of Stock

Roku, Inc. (NASDAQ:ROKU) insider Charles Collier sold 14,361 shares of the firm’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $94.99, for a total value of $1,364,151.39. Following the completion of the sale, the insider directly owned 200 shares in the company, valued at approximately $18,998. The trade was a 98.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available 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 Friday, October 31st, Charles Collier sold 118,088 shares of Roku stock. The shares were sold at an average price of $115.00, for a total value of $13,580,120.00.
• On Monday, October 6th, Charles Collier sold 15,404 shares of Roku stock. The stock was sold at an average price of $103.31, for a total transaction of $1,591,387.24.
• On Wednesday, October 1st, Charles Collier sold 112,961 shares of Roku stock. The stock was sold at an average price of $105.00, for a total transaction of $11,860,905.00.
• 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 stock was 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.

Roku Price Performance

Shares of Roku stock opened at $93.10 on Thursday. The business has a 50 day simple moving average of $99.53 and a two-hundred day simple moving average of $89.05. The stock has a market capitalization of $13.76 billion, a P/E ratio of -465.48 and a beta of 2.18. Roku, Inc. has a 12 month low of $52.43 and a 12 month high of $116.66.

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

Institutional Trading of Roku

Hedge funds have recently made changes to their positions in the business. Banque Transatlantique SA acquired a new stake in Roku during the 1st quarter worth approximately $28,000. Beaird Harris Wealth Management LLC purchased a new stake in shares of Roku during the first quarter worth $30,000. Westfuller Advisors LLC acquired a new stake in shares of Roku in the third quarter valued at $30,000. Root Financial Partners LLC purchased a new position in Roku in the third quarter valued at $33,000. Finally, Rakuten Securities Inc. grew its stake in Roku by 55.6% during the 2nd quarter. Rakuten Securities Inc. now owns 442 shares of the company’s stock worth $39,000 after purchasing an additional 158 shares in the last quarter. Institutional investors and hedge funds own 86.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ROKU shares. Weiss Ratings restated a “sell (d-)” rating on shares of Roku in a report on Wednesday, October 8th. Evercore ISI reissued a “positive” rating on shares of Roku in a research note on Friday, October 31st. Wall Street Zen upgraded shares of Roku from a “hold” rating to a “buy” rating in a report on Sunday, October 19th. JPMorgan Chase & Co. upped their price objective on Roku from $105.00 to $115.00 and gave the company an “overweight” rating in a report on Friday, October 31st. Finally, Guggenheim lifted their target price on Roku from $100.00 to $105.00 and gave the company a “buy” rating in a research report on Friday, August 1st. Two equities research analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating, six have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $111.14.

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.