Illinois Municipal Retirement Fund Increases Position in Roku, Inc. $ROKU

Posted by George Bondi on Jul 18th, 2026

Illinois Municipal Retirement Fund increased its holdings in Roku, Inc. (NASDAQ:ROKU – Free Report) by 28.9% in the first quarter, HoldingsChannel.com reports. The firm owned 61,406 shares of the company’s stock after buying an additional 13,764 shares during the quarter. Illinois Municipal Retirement Fund’s holdings in Roku were worth $5,810,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of ROKU. Empowered Funds LLC grew its holdings in Roku by 18.6% in the first quarter. Empowered Funds LLC now owns 3,291 shares of the company’s stock valued at $232,000 after purchasing an additional 515 shares during the period. Focus Partners Wealth purchased a new stake in shares of Roku in the first quarter valued at approximately $229,000. EverSource Wealth Advisors LLC raised its stake in shares of Roku by 145.4% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,394 shares of the company’s stock worth $123,000 after buying an additional 826 shares during the period. First Trust Advisors LP raised its stake in shares of Roku by 231.0% during the 2nd quarter. First Trust Advisors LP now owns 70,786 shares of the company’s stock worth $6,221,000 after buying an additional 49,399 shares during the period. Finally, Brown Advisory Inc. purchased a new position in shares of Roku during the 2nd quarter valued at approximately $326,000. Hedge funds and other institutional investors own 86.30% of the company’s stock.

Wall Street Analyst Weigh In

ROKU has been the topic of a number of research analyst reports. JPMorgan Chase & Co. reissued a “neutral” rating and issued a $160.00 price target (up from $150.00) on shares of Roku in a research note on Tuesday, June 16th. Evercore cut shares of Roku from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Susquehanna downgraded shares of Roku from a “positive” rating to a “neutral” rating and set a $160.00 price objective on the stock. in a report on Tuesday, June 16th. Guggenheim lifted their target price on shares of Roku from $140.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, June 9th. Finally, Weiss Ratings reissued a “hold (c-)” rating on shares of Roku in a research note on Friday, May 15th. Ten analysts have rated the stock with a Buy rating and seventeen have issued a Hold rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $155.12.

Read Our Latest Stock Report on ROKU

Insider Buying and Selling at Roku

In other news, CFO Dan Jedda sold 7,000 shares of the company’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $143.87, for a total transaction of $1,007,090.00. Following the completion of the sale, the chief financial officer owned 79,963 shares of the company’s stock, valued at $11,504,276.81. This represents a 8.05% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Charles Collier sold 20,538 shares of the stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $142.51, for a total transaction of $2,926,870.38. Following the completion of the sale, the insider owned 15,200 shares of the company’s stock, valued at $2,166,152. This trade represents a 57.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 236,499 shares of company stock valued at $30,582,963. 13.45% of the stock is owned by company insiders.

Roku Price Performance

Shares of NASDAQ:ROKU opened at $144.43 on Friday. Roku, Inc. has a 1 year low of $78.53 and a 1 year high of $148.88. The firm has a market capitalization of $21.29 billion, a PE ratio of 108.59 and a beta of 2.01. The business’s 50 day moving average price is $132.72 and its 200-day moving average price is $112.54.

Roku (NASDAQ:ROKU – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The company reported $0.57 EPS for the quarter, beating the consensus estimate of $0.34 by $0.23. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.20 billion. Roku had a return on equity of 7.64% and a net margin of 4.06%.The firm’s revenue was up 22.4% compared to the same quarter last year. During the same period in the prior year, the company earned ($0.19) EPS. As a group, analysts expect that Roku, Inc. will post 2.41 earnings per share for the current year.

Roku Company Profile

(Free Report)

Roku, Inc (NASDAQ: ROKU) is a technology company that develops and operates a proprietary streaming platform designed to deliver entertainment content to consumers via internet-connected devices and smart televisions. Since its inception in 2002 in California, Roku has focused on simplifying access to streaming services for viewers worldwide. The company’s platform enables users to discover, access and manage a wide array of over-the-top content from major streaming services, free ad-supported channels and niche providers.

At the core of Roku’s product lineup are a range of streaming players and sticks, which connect to televisions via HDMI and deliver the Roku OS experience.