Roku (NASDAQ:ROKU) SVP Sells $286,614.43 in Stock

Roku, Inc. (NASDAQ:ROKU) SVP Christopher Handman sold 2,999 shares of the firm’s stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $95.57, for a total value of $286,614.43. Following the sale, the senior vice president directly owned 2,999 shares of the company’s stock, valued at $286,614.43. This represents a 50.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Roku Stock Performance

Roku stock traded up $3.44 on Wednesday, reaching $97.51. The company’s stock had a trading volume of 4,590,856 shares, compared to its average volume of 4,606,452. The business’s fifty day moving average price is $99.72 and its 200 day moving average price is $99.44. The company has a market cap of $14.38 billion, a price-to-earnings ratio of 171.07 and a beta of 1.98. Roku, Inc. has a twelve month low of $52.43 and a twelve month high of $116.66.

Roku (NASDAQ:ROKU) last released its quarterly earnings results on Thursday, February 12th. The company reported $0.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.28 by $0.25. The business had revenue of $1.39 billion during the quarter, compared to analysts’ expectations of $1.35 billion. Roku had a return on equity of 3.40% and a net margin of 1.87%.The firm’s revenue for the quarter was up 16.1% compared to the same quarter last year. During the same period in the previous year, the business posted ($0.24) earnings per share. As a group, equities analysts forecast that Roku, Inc. will post -0.3 earnings per share for the current year.

Key Headlines Impacting Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Apple TV is now available as a Premium Subscription on The Roku Channel in the U.S., letting Roku users subscribe and manage Apple TV via their Roku accounts. That deal should increase subscription options on Roku, keep viewers inside Roku’s ecosystem longer, and expand ad and subscription monetization opportunities. Roku Adds Apple TV to Premium Subscriptions (Business Wire)
• Positive Sentiment: High-profile endorsement: Jim Cramer publicly said Roku is “a very smart…thing to buy,” highlighting Roku’s targeted advertising business as a core strength — a sentiment that can drive investor interest and short-term inflows. Jim Cramer on Roku (Yahoo Finance)
• Positive Sentiment: Roku’s Streaming Stick HD is heavily discounted (nearly 50% off in promotions), which can boost unit sales, expand the active user base, and increase future ad inventory and subscription attach rates — supportive for long‑term growth even if near-term device margins are thinner. Roku Streaming Stick HD Discount (Kotaku)
• Neutral Sentiment: Consumer/brand buzz: a light human-interest piece on a hidden “Punch the Monkey” easter-egg in Roku screensavers may increase brand engagement and social sharing but is unlikely to move fundamentals materially. Punch the Monkey in Roku Screensavers (MSN)

Analysts Set New Price Targets

Several analysts have recently commented on ROKU shares. Rosenblatt Securities raised shares of Roku from a “neutral” rating to a “buy” rating and raised their price target for the company from $106.00 to $118.00 in a report on Friday, February 13th. Piper Sandler reiterated an “overweight” rating and issued a $140.00 price objective (up from $135.00) on shares of Roku in a research report on Friday, February 13th. UBS Group reissued a “neutral” rating and issued a $110.00 target price on shares of Roku in a research note on Friday, February 13th. KeyCorp upped their price target on Roku from $128.00 to $130.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Finally, Zacks Research upgraded Roku from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 10th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat.com, Roku has an average rating of “Moderate Buy” and a consensus target price of $125.40.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in ROKU. Bank of Hawaii bought a new position in shares of Roku in the 4th quarter worth $2,007,000. Kera Capital Partners Inc. increased its holdings in Roku by 40.5% in the fourth quarter. Kera Capital Partners Inc. now owns 5,563 shares of the company’s stock valued at $604,000 after purchasing an additional 1,603 shares during the last quarter. Virtu Financial LLC acquired a new position in Roku in the fourth quarter valued at about $1,112,000. Compound Planning Inc. boosted its holdings in Roku by 32.4% during the fourth quarter. Compound Planning Inc. now owns 3,688 shares of the company’s stock worth $400,000 after buying an additional 902 shares during the last quarter. Finally, Invesco Ltd. grew its position in shares of Roku by 6.8% during the 4th quarter. Invesco Ltd. now owns 205,115 shares of the company’s stock worth $22,253,000 after buying an additional 13,111 shares during the period. Institutional investors and hedge funds own 86.30% of the company’s stock.

About Roku

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.