Geode Capital Management LLC Grows Stock Holdings in Roku, Inc. $ROKU

Posted by George Bondi on Jun 3rd, 2026

Geode Capital Management LLC grew its holdings in shares of Roku, Inc. (NASDAQ:ROKU – Free Report) by 7.3% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 2,464,130 shares of the company’s stock after purchasing an additional 168,214 shares during the period. Geode Capital Management LLC’s holdings in Roku were worth $267,389,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of ROKU. AQR Capital Management LLC grew its stake in Roku by 275.5% during the third quarter. AQR Capital Management LLC now owns 2,586,125 shares of the company’s stock worth $258,897,000 after buying an additional 1,897,407 shares during the period. Holocene Advisors LP grew its stake in Roku by 352.3% during the third quarter. Holocene Advisors LP now owns 1,650,448 shares of the company’s stock worth $165,259,000 after buying an additional 1,285,585 shares during the period. Duquesne Family Office LLC grew its stake in Roku by 123.0% during the second quarter. Duquesne Family Office LLC now owns 1,100,500 shares of the company’s stock worth $96,723,000 after buying an additional 606,900 shares during the period. Assenagon Asset Management S.A. grew its stake in Roku by 172.9% during the fourth quarter. Assenagon Asset Management S.A. now owns 931,653 shares of the company’s stock worth $101,075,000 after buying an additional 590,286 shares during the period. Finally, Artisan Partners Limited Partnership purchased a new stake in Roku during the third quarter worth approximately $55,660,000. 86.30% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ROKU shares. KeyCorp boosted their price objective on shares of Roku from $140.00 to $150.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. Benchmark upped their target price on shares of Roku from $130.00 to $160.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Citizens Jmp restated a “market outperform” rating and issued a $170.00 target price on shares of Roku in a research note on Thursday, May 28th. Rosenblatt Securities upped their target price on shares of Roku from $118.00 to $150.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, Piper Sandler upped their target price on shares of Roku from $140.00 to $148.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Twenty-two analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $144.46.

Get Our Latest Report on ROKU

Trending Headlines about Roku

Here are the key news stories impacting Roku this week:

Positive Sentiment: Roku added more than 20 new free live TV channels, expanding its content lineup and giving users another reason to stay active on the platform. Roku just added over 20 new free live TV channels
Positive Sentiment: The company launched a Soccer Zone portal for 2026 World Cup coverage, a timely sports hub that could lift streaming time, ad inventory, and audience engagement ahead of a major global event. Roku launches Soccer Zone portal ahead of FIFA World Cup tournament
Positive Sentiment: Roku also introduced Soccer Zone for broader World Cup coverage, underscoring its push to attract viewers with premium, event-driven content that can support ad-driven revenue. Roku Launches Soccer Zone for Comprehensive 2026 World Cup Coverage
Positive Sentiment: The Roku Streaming Stick 4K being discounted to under $41 may help stimulate hardware sales and grow the installed base of active users. Roku Streaming Stick 4K with voice remote now under $41
Neutral Sentiment: Roku said CFO and COO Dan Jedda will speak at Evercore ISI’s TMT Conference on June 2; investor conferences can sometimes move shares, but this announcement did not include new financial guidance or operating results. Roku CFO to Participate in Fireside Chat Hosted by Evercore ISI
Neutral Sentiment: Coverage on Roku’s home-screen redesign and added ad placements points to continued monetization efforts, but these stories are more about platform evolution than a clear near-term earnings catalyst. Roku’s New Home Screen Has More Personalization… and a Large Ad
Negative Sentiment: One article emphasized that Roku remains far below its all-time highs, which can keep attention on valuation and long-term recovery concerns. Cathie Wood favorite tech stock still down 73% from all-time highs

Roku Trading Down 0.9%

Shares of ROKU stock opened at $129.03 on Tuesday. The company has a market capitalization of $19.02 billion, a PE ratio of 97.02 and a beta of 2.04. The firm has a fifty day simple moving average of $113.01 and a 200-day simple moving average of $104.54. Roku, Inc. has a twelve month low of $71.61 and a twelve month high of $133.46.

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

Insider Transactions at Roku

In related news, insider Charles Collier sold 20,538 shares of the company’s stock in a transaction on Monday, May 4th. The shares were sold at an average price of $124.23, for a total value of $2,551,435.74. Following the sale, the insider directly owned 7,700 shares of the company’s stock, valued at $956,571. This represents a 72.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Gilbert Fuchsberg sold 9,593 shares of the company’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $125.52, for a total transaction of $1,204,113.36. Following the completion of the sale, the insider directly owned 50,863 shares in the company, valued at $6,384,323.76. This represents a 15.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 681,358 shares of company stock valued at $75,642,627 over the last ninety days. 13.45% of the stock is currently owned by corporate insiders.

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.