Alua Capital Management LP Acquires New Shares in Roku, Inc. $ROKU

Key Points

• Alua Capital Management LP opened a new position in Roku during the first quarter, buying 474,200 shares worth about $44.9 million. The stake represents roughly 4% of Alua’s portfolio and makes Roku its 9th largest holding.
• Roku reported better-than-expected quarterly results, with EPS of $0.57 versus the $0.34 consensus and revenue of $1.25 billion versus $1.20 billion expected. Revenue jumped 22.4% year over year, helping support the stock’s recent strength.
• Analyst sentiment remains mixed but generally constructive: several firms raised price targets, and the consensus target sits at $155.12 with an average rating of Hold. At the same time, insiders have sold shares recently, including CFO Dan Jedda and insider Gilbert Fuchsberg.

Alua Capital Management LP purchased a new position in shares of Roku, Inc. (NASDAQ:ROKU - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 474,200 shares of the company's stock, valued at approximately $44,869,000. Roku accounts for about 4.0% of Alua Capital Management LP's investment portfolio, making the stock its 9th biggest holding. Alua Capital Management LP owned 0.32% of Roku at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Empowered Funds LLC raised its position in Roku by 18.6% in the 1st quarter. Empowered Funds LLC now owns 3,291 shares of the company's stock valued at $232,000 after buying an additional 515 shares during the last quarter. Focus Partners Wealth bought a new stake in Roku during the 1st quarter worth about $229,000. EverSource Wealth Advisors LLC boosted its stake in shares of Roku by 145.4% during 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 grew its holdings in shares of Roku by 231.0% in the 2nd quarter. First Trust Advisors LP now owns 70,786 shares of the company's stock valued at $6,221,000 after acquiring an additional 49,399 shares in the last quarter. Finally, Brown Advisory Inc. bought a new position in shares of Roku in the 2nd quarter valued at about $326,000. Institutional investors own 86.30% of the company's stock.

Insider Activity at Roku

In other news, CFO Dan Jedda sold 7,000 shares of the business's stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $122.56, for a total transaction of $857,920.00. Following the sale, the chief financial officer directly owned 71,115 shares in the company, valued at approximately $8,715,854.40. The trade was a 8.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. 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 that occurred 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 transaction, the insider owned 50,863 shares of the company's stock, valued at approximately $6,384,323.76. This trade 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. In the last ninety days, insiders sold 236,499 shares of company stock valued at $30,582,963. 13.45% of the stock is owned by company insiders.

Roku Trading Up 0.2%

Roku stock opened at $141.97 on Friday. The company has a market capitalization of $20.93 billion, a price-to-earnings ratio of 106.75 and a beta of 2.01. Roku, Inc. has a 12 month low of $78.53 and a 12 month high of $148.88. The stock's 50 day moving average is $134.40 and its 200-day moving average is $113.71.

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

Analyst Ratings Changes

Several research analysts recently commented on the company. Benchmark increased their price target on Roku from $130.00 to $160.00 and gave the company a "buy" rating in a research report on Friday, May 1st. Wolfe Research downgraded Roku from an "outperform" rating to a "peer perform" rating in a report on Tuesday, June 16th. Guggenheim raised their target price on shares of Roku from $140.00 to $145.00 and gave the company a "buy" rating in a research note on Tuesday, June 9th. Needham & Company LLC raised their target price on shares of Roku from $140.00 to $170.00 and gave the company a "buy" rating in a research note on Monday, June 15th. Finally, Seaport Research Partners set a $155.00 price target on shares of Roku in a research note on Tuesday, June 16th. Ten investment analysts have rated the stock with a Buy rating and seventeen have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of "Hold" and a consensus target price of $155.12.

Key Stories Impacting Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Analysts lifted Roku’s estimated fair value to about $158.41 from $151.68, with several firms now framing the stock around a potential $160 takeover value after Fox’s acquisition announcement. Roku (ROKU) Stock Sees Modest Fair Value Lift After Fox Deal Recast Analyst Views
• Positive Sentiment: Commentary around Fox’s acquisition says the deal could be a win for creators and reinforces the strategic value of Roku as a key connected-TV distribution platform. Why Fox's Acquisition of Roku Is a Win for Creators | Analysis
• Positive Sentiment: Additional bullish media coverage argues Roku benefits from broader media consolidation trends, with investors increasingly valuing digital distribution gateways like Roku over content owners alone. The Netflix-Lionsgate Rumor Exposed a Bigger Shift in Media M&A (ROKU)
• Neutral Sentiment: Roku said it will report second-quarter 2026 results on August 6, but it will not host an earnings call or provide outlook because of the pending Fox transaction. Roku to Announce Second Quarter 2026 Financial Results on August 6
• Neutral Sentiment: Several articles focused on Roku features, campaigns, and streaming content, which may help brand visibility but are unlikely to materially move the stock on their own. 4 Roku secret menus everyone should be using
• Negative Sentiment: Some valuation-focused analysis suggests the stock may already be near fair value after its recent run, with concerns that growth expectations from connected-TV advertising may be largely priced in. Roku (ROKU) As Connected TV Ad Growth Narrative Tests Whether The Stock Is Fully Valued

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.

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