Royal Bank of Canada Trims Position in Roku, Inc. $ROKU

Posted by Brian Himes on Aug 7th, 2026

Royal Bank of Canada decreased its position in Roku, Inc. (NASDAQ:ROKU – Free Report) by 11.6% during the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 200,961 shares of the company’s stock after selling 26,378 shares during the quarter. Royal Bank of Canada owned approximately 0.14% of Roku worth $19,015,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in the company. Raleigh Capital Management Inc. boosted its holdings in shares of Roku by 6.5% in the first quarter. Raleigh Capital Management Inc. now owns 1,522 shares of the company’s stock worth $144,000 after buying an additional 93 shares during the last quarter. Apollon Wealth Management LLC grew its position in Roku by 1.5% during the fourth quarter. Apollon Wealth Management LLC now owns 6,450 shares of the company’s stock valued at $700,000 after buying an additional 96 shares during the period. Quantum Portfolio Management LLC increased its holdings in Roku by 2.6% during the first quarter. Quantum Portfolio Management LLC now owns 4,135 shares of the company’s stock valued at $391,000 after buying an additional 105 shares during the last quarter. HB Wealth Management LLC increased its holdings in Roku by 3.7% during the first quarter. HB Wealth Management LLC now owns 3,447 shares of the company’s stock valued at $326,000 after buying an additional 122 shares during the last quarter. Finally, Quarry LP increased its holdings in Roku by 21.7% during the fourth quarter. Quarry LP now owns 689 shares of the company’s stock valued at $75,000 after buying an additional 123 shares during the last quarter. 86.30% of the stock is currently owned by institutional investors.

Roku Stock Performance

Shares of Roku stock opened at $150.07 on Friday. Roku, Inc. has a fifty-two week low of $78.53 and a fifty-two week high of $150.61. The company has a market capitalization of $22.12 billion, a P/E ratio of 112.84 and a beta of 2.01. The company has a fifty day moving average of $137.93 and a 200 day moving average of $116.04.

Insiders Place Their Bets

In other news, CFO Dan Jedda sold 7,000 shares of the business’s stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $122.56, for a total value of $857,920.00. Following the transaction, the chief financial officer directly owned 71,115 shares in the company, valued at $8,715,854.40. The trade was a 8.96% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Mustafa Ozgen sold 10,194 shares of the company’s stock in a transaction dated Friday, June 12th. The stock was sold at an average price of $144.00, for a total value of $1,467,936.00. Following the completion of the transaction, the insider directly owned 19,185 shares of the company’s stock, valued at approximately $2,762,640. This trade represents a 34.70% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 226,733 shares of company stock valued at $29,862,532 over the last three months. Insiders own 13.45% of the company’s stock.

More Roku News

Here are the key news stories impacting Roku this week:

Positive Sentiment: Roku reported adjusted earnings of $1.08 per share, well above the approximately $0.60–$0.61 analyst consensus, while revenue rose 21.9% year over year to $1.35 billion, exceeding estimates of about $1.30 billion. Net income reached $164 million, compared with $0.07 per share in the year-ago quarter. Reuters earnings report
Positive Sentiment: The revenue beat was driven by strength in advertising and subscriptions, reinforcing Roku’s platform business as its primary growth engine and supporting the investment case for its streaming ecosystem. Yahoo Finance advertising and subscriptions report
Positive Sentiment: The results arrive ahead of Fox Corporation’s planned $22 billion acquisition of Roku, potentially increasing investor confidence in the strategic value of Roku’s streaming distribution platform. Roku second-quarter results release
Neutral Sentiment: Because the Fox transaction is pending, Roku did not hold an earnings call or provide financial guidance. This limits visibility into the company’s standalone outlook and makes the acquisition terms and closing timeline more important to shareholders. Benzinga earnings coverage
Negative Sentiment: Several insiders, including President Charles Collier, Director Neil Hunt and Chief Accounting Officer Matthew Banks, recently sold shares under pre-arranged Rule 10b5-1 plans. The sales may create modest sentiment pressure, although they were scheduled transactions rather than clear discretionary signals. Roku insider sale report

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on ROKU shares. Piper Sandler cut shares of Roku from an “overweight” rating to a “neutral” rating and lifted their price target for the stock from $148.00 to $160.00 in a research note on Tuesday, June 16th. Zacks Research lowered Roku from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Roku in a report on Friday, May 15th. Oppenheimer downgraded Roku from an “outperform” rating to a “market perform” rating in a research report on Monday, June 15th. Finally, Pivotal Research restated a “buy” rating and issued a $160.00 price target (up from $140.00) on shares of Roku in a research report on Friday, May 1st. Ten equities research 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 stock presently has a consensus rating of “Hold” and an average target price of $155.12.

Get Our Latest Stock Analysis on Roku

Roku 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.

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Institutional Ownership by Quarter for Roku (NASDAQ:ROKU)

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