Squarepoint Ops LLC Lowers Position in Roku, Inc. $ROKU

Posted by Stanley Muller on Sep 9th, 2026

Squarepoint Ops LLC cut its stake in shares of Roku, Inc. (NASDAQ:ROKU – Free Report) by 62.4% during the 2nd quarter, Holdings Channel.com reports. The fund owned 669,221 shares of the company’s stock after selling 1,108,745 shares during the period. Squarepoint Ops LLC’s holdings in Roku were worth $92,446,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. California State Teachers Retirement System grew its stake in shares of Roku by 13,741.7% in the 2nd quarter. California State Teachers Retirement System now owns 20,912,738 shares of the company’s stock worth $2,888,886,000 after acquiring an additional 20,761,653 shares in the last quarter. AQR Capital Management LLC boosted its holdings in Roku by 10.6% during the fourth quarter. AQR Capital Management LLC now owns 2,860,149 shares of the company’s stock worth $310,298,000 after purchasing an additional 274,024 shares during the last quarter. Geode Capital Management LLC boosted its holdings in Roku by 7.3% during the fourth quarter. Geode Capital Management LLC now owns 2,464,130 shares of the company’s stock worth $267,389,000 after purchasing an additional 168,214 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position in Roku by 229.5% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 2,038,347 shares of the company’s stock worth $192,868,000 after purchasing an additional 1,419,772 shares in the last quarter. Finally, Renaissance Technologies LLC grew its position in Roku by 22.8% in the 1st quarter. Renaissance Technologies LLC now owns 1,565,100 shares of the company’s stock worth $148,090,000 after purchasing an additional 290,200 shares in the last quarter. 86.30% of the stock is currently owned by institutional investors.

Roku News Roundup

Here are the key news stories impacting Roku this week:

Positive Sentiment: Coverage of Roku’s NFL-related announcement could support user engagement and streaming activity, although the financial impact was not quantified. Roku NFL announcement
Neutral Sentiment: Consumer coverage highlighted discounts and product availability for Roku streaming sticks, smart TVs, and Roku-enabled projectors. These promotions may aid device adoption but are unlikely to materially change near-term revenue expectations. Roku Streaming Stick deal Roku smart TV coverage
Neutral Sentiment: Roku’s products continued to receive favorable comparisons with competing streaming devices, but the reviews and buying guides do not represent a new corporate catalyst. Roku device comparison
Negative Sentiment: The DOJ’s expanded antitrust inquiry into Fox’s proposed acquisition is the dominant stock catalyst. A second request increases regulatory scrutiny and could delay completion, raise transaction costs, require concessions, or threaten the deal’s terms. Reports specifically linked the development to weakness in ROKU shares during after-hours trading. Reuters DOJ Roku deal report ROKU after-hours reaction

Analyst Ratings Changes

ROKU has been the topic of several recent analyst reports. William Blair cut shares of Roku from an “outperform” rating to a “market perform” rating in a research report on Monday, June 15th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $160.00 target price on shares of Roku in a report on Monday, August 10th. Evercore downgraded Roku from a “strong-buy” rating to a “hold” rating in a research report on Monday, June 15th. Needham & Company LLC reiterated a “buy” rating on shares of Roku in a research note on Friday, August 7th. Finally, JPMorgan Chase & Co. initiated coverage on shares of Roku in a report on Monday, August 24th. They set a “neutral” rating and a $160.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nineteen have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $156.17.

Check Out Our Latest Report on Roku

Roku Stock Down 0.2%

Shares of NASDAQ:ROKU opened at $155.34 on Wednesday. The firm has a market capitalization of $23.06 billion, a PE ratio of 66.38 and a beta of 2.05. Roku, Inc. has a twelve month low of $78.53 and a twelve month high of $159.89. The company has a 50-day moving average price of $149.29 and a two-hundred day moving average price of $125.88.

Roku (NASDAQ:ROKU – Get Free Report) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $1.08 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.61 by $0.47. Roku had a net margin of 6.82% and a return on equity of 13.73%. The company had revenue of $1.35 billion for the quarter, compared to analyst estimates of $1.30 billion. During the same quarter in the previous year, the firm posted $0.07 earnings per share. The company’s quarterly revenue was up 21.9% compared to the same quarter last year. Analysts anticipate that Roku, Inc. will post 2.85 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, CFO Dan Jedda sold 7,000 shares of Roku stock in a transaction that occurred on Monday, June 15th. The shares were sold at an average price of $143.87, for a total value of $1,007,090.00. Following the completion of the transaction, the chief financial officer directly owned 79,963 shares in the company, valued at approximately $11,504,276.81. The trade was a 8.05% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through 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 business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $144.00, for a total transaction of $1,467,936.00. Following the sale, the insider directly owned 19,185 shares in the company, valued at $2,762,640. The trade was a 34.70% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 127,773 shares of company stock worth $18,442,050 in the last 90 days. 13.45% of the stock is currently owned by company insiders.

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.