Anthony Wood Sells 25,000 Shares of Roku (NASDAQ:ROKU) Stock

Key Points

• Anthony Wood, CEO of Roku, Inc., sold **25,000 shares** of the company’s stock for **$2,350,250** on October 10th at an average price of **$94.01 per share**.
• Roku's stock price increased slightly on Tuesday, trading at **$94.40**, with a **market capitalization of $13.91 billion** and a 52-week price range of **$52.43 to $107.25**.
• In the most recent quarterly earnings report, Roku reported **$1.11 billion in revenue**, exceeding analysts' estimates, and the company set its guidance with a forecast for **negative earnings** per share of **-0.3** for the current year.

Roku, Inc. (NASDAQ:ROKU - Get Free Report) CEO Anthony Wood sold 25,000 shares of Roku stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $94.01, for a total value of $2,350,250.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Roku Stock Performance

NASDAQ:ROKU traded up $0.57 during trading hours on Tuesday, reaching $94.40. The stock had a trading volume of 1,955,425 shares, compared to its average volume of 3,842,954. Roku, Inc. has a 52 week low of $52.43 and a 52 week high of $107.25. The company has a 50 day moving average price of $95.06 and a two-hundred day moving average price of $81.94. The stock has a market capitalization of $13.91 billion, a PE ratio of -224.76, a PEG ratio of 12.88 and a beta of 2.13.

Roku (NASDAQ:ROKU - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.07 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.16) by $0.23. Roku had a negative return on equity of 2.44% and a negative net margin of 1.40%.The business had revenue of $1.11 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter in the previous year, the company posted ($0.18) EPS. The company's revenue was up 14.7% compared to the same quarter last year. Roku has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts predict that Roku, Inc. will post -0.3 EPS for the current year.

Hedge Funds Weigh In On Roku

A number of large investors have recently bought and sold shares of ROKU. GAMMA Investing LLC lifted its holdings in shares of Roku by 103.6% in the 1st quarter. GAMMA Investing LLC now owns 959 shares of the company's stock worth $68,000 after buying an additional 488 shares during the period. Assenagon Asset Management S.A. purchased a new stake in shares of Roku in the 1st quarter worth $2,292,000. Simon Quick Advisors LLC purchased a new stake in shares of Roku in the 1st quarter worth $211,000. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Roku by 72.6% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 10,747 shares of the company's stock worth $757,000 after buying an additional 4,522 shares during the period. Finally, QRG Capital Management Inc. lifted its holdings in shares of Roku by 14.3% in the 1st quarter. QRG Capital Management Inc. now owns 3,569 shares of the company's stock worth $251,000 after buying an additional 447 shares during the period. Hedge funds and other institutional investors own 86.30% of the company's stock.

Analyst Ratings Changes

ROKU has been the topic of several analyst reports. Wedbush reissued an "outperform" rating and set a $100.00 target price on shares of Roku in a research report on Monday, July 28th. Weiss Ratings reissued a "sell (d-)" rating on shares of Roku in a research report on Wednesday, October 8th. Wells Fargo & Company boosted their target price on Roku from $100.00 to $113.00 and gave the company an "overweight" rating in a research report on Friday, August 1st. UBS Group boosted their target price on Roku from $72.00 to $95.00 and gave the company a "neutral" rating in a research report on Friday, August 1st. Finally, Citigroup boosted their target price on Roku from $85.00 to $100.00 and gave the company a "neutral" rating in a research report on Thursday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, seven have given a Hold rating and two have issued a Sell rating to the company. According to MarketBeat, Roku presently has a consensus rating of "Moderate Buy" and a consensus target price of $101.33.

About Roku

Roku, Inc, together with its subsidiaries, operates a TV streaming platform in the United states and internationally. The company operates in two segments, Platform and Devices. Its streaming platform allows users to find and access TV shows, movies, news, sports, and others. The Platform segment offers digital advertising, including direct and programmatic video advertising, media and entertainment promotional spending, and related services; and streaming services distribution, such as subscription and transaction revenue shares, and sale of premium subscriptions and branded app buttons on remote controls.

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