18,000 Shares in Roku, Inc. $ROKU Purchased by Maxi Investments CY Ltd

Maxi Investments CY Ltd purchased a new stake in shares of Roku, Inc. (NASDAQ:ROKU) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 18,000 shares of the company’s stock, valued at approximately $1,953,000.

Several other hedge funds have also bought and sold shares of the business. Empowered Funds LLC lifted its holdings in shares of Roku by 18.6% during 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 last quarter. Focus Partners Wealth purchased a new stake in shares of Roku in the 1st quarter worth approximately $229,000. EverSource Wealth Advisors LLC grew its stake in shares of Roku by 145.4% in 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 last quarter. First Trust Advisors LP increased its position in Roku by 231.0% during the 2nd quarter. First Trust Advisors LP now owns 70,786 shares of the company’s stock valued at $6,221,000 after buying an additional 49,399 shares in the last quarter. Finally, Brown Advisory Inc. bought a new position in Roku during the 2nd quarter valued at approximately $326,000. Institutional investors own 86.30% of the company’s stock.

Roku Trading Down 1.0%

Shares of ROKU opened at $126.67 on Friday. The company has a market cap of $18.67 billion, a price-to-earnings ratio of 95.24 and a beta of 2.04. The business’s fifty day simple moving average is $102.76 and its two-hundred day simple moving average is $101.52. Roku, Inc. has a 12 month low of $59.93 and a 12 month high of $129.85.

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

Insider Buying and Selling

In other news, CEO Anthony J. Wood sold 25,000 shares of the firm’s stock in a transaction dated Thursday, April 16th. The shares were sold at an average price of $110.19, for a total transaction of $2,754,750.00. The sale was disclosed in a filing with the SEC, which is accessible 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 Roku stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $124.23, for a total transaction of $2,551,435.74. Following the completion of the sale, the insider 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 SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 663,038 shares of company stock worth $70,956,545 in the last three months. 13.45% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ROKU shares. Evercore reissued an “outperform” rating and issued a $150.00 target price on shares of Roku in a report on Friday, February 13th. Robert W. Baird raised their price target on Roku from $120.00 to $130.00 and gave the company an “outperform” rating in a report on Friday, April 17th. Moffett Nathanson reaffirmed a “neutral” rating and issued a $100.00 price target on shares of Roku in a research report on Friday, February 13th. Rosenblatt Securities upped their price target on shares of Roku from $118.00 to $150.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. Finally, Wells Fargo & Company raised their price objective on shares of Roku from $137.00 to $167.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Twenty-one equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $142.17.

Key Headlines Impacting Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku reported a stronger‑than‑expected quarter with revenue and EPS upside plus improving platform metrics and record free cash flow, supporting recent bullish analyst revisions and growth narrative. Q1 earnings beat
• Positive Sentiment: Platform/content expansion — Roku continues to add free, ad‑supported channels (reports note 15–34 recent channel additions), which can increase engagement and ad inventory over time. New free channels
• Positive Sentiment: Market share in connected TV ad inventory — Pixalate data shows Roku leading CTV share‑of‑voice in North America and LATAM, reinforcing its ad‑platform positioning. Pixalate CTV market share
• Neutral Sentiment: Insider selling under 10b5‑1 plans — Several executives and directors sold shares in early May (large dollar volumes disclosed), which reduces insider‑information concerns but can add near‑term supply pressure and weigh on sentiment. Insider sale (Collier)
• Neutral Sentiment: Product/UX coverage and tips (minor) — How‑to and performance tips (e.g., one‑click speed improvements) and device guides can help user satisfaction but have limited immediate impact on stock moves. Roku speed tip
• Negative Sentiment: Class‑action lawsuit/allegations that Roku (and TCL) issued software updates that “bricked” TVs — proposed litigation raises potential remediation costs, warranty exposure and reputational risk that investors see as a near‑term downside catalyst. Class action lawsuit

Roku Profile

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.