Banco Bilbao Vizcaya Argentaria S.A. Sells 12,422 Shares of Roku, Inc. $ROKU

Key Points

• Banco Bilbao Vizcaya Argentaria S.A. has reduced its holdings in Roku, Inc. by 17.3%, selling 12,422 shares during the first quarter, leaving them with 59,209 shares valued at approximately $4.18 million.
• Insider transactions revealed that CEO Anthony J. Wood sold 25,000 shares for $2.06 million, decreasing his ownership by over 60%, while another insider sold 212,559 shares worth over $20 million.
• Roku’s stock has shown strong recovery, reporting earnings of $0.07 per share, surpassing analyst expectations, with revenue increasing 14.7% year-over-year.

Banco Bilbao Vizcaya Argentaria S.A. trimmed its position in Roku, Inc. (NASDAQ:ROKU - Free Report) by 17.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 59,209 shares of the company's stock after selling 12,422 shares during the quarter. Banco Bilbao Vizcaya Argentaria S.A.'s holdings in Roku were worth $4,177,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Hsbc Holdings PLC increased its holdings in shares of Roku by 20.9% in the first quarter. Hsbc Holdings PLC now owns 48,536 shares of the company's stock worth $3,420,000 after purchasing an additional 8,380 shares during the last quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. increased its stake in Roku by 19.5% during the first quarter. BNP PARIBAS ASSET MANAGEMENT Holding S.A. now owns 5,810 shares of the company's stock worth $409,000 after acquiring an additional 948 shares during the last quarter. Wellington Management Group LLP increased its stake in Roku by 7.6% during the first quarter. Wellington Management Group LLP now owns 9,552 shares of the company's stock worth $673,000 after acquiring an additional 675 shares during the last quarter. Northern Trust Corp increased its stake in Roku by 6.0% during the first quarter. Northern Trust Corp now owns 755,762 shares of the company's stock worth $53,236,000 after acquiring an additional 42,926 shares during the last quarter. Finally, Berkshire Capital Holdings Inc. increased its stake in Roku by 1,413,400.0% during the first quarter. Berkshire Capital Holdings Inc. now owns 141,350 shares of the company's stock worth $9,957,000 after acquiring an additional 141,340 shares during the last quarter. 86.30% of the stock is owned by institutional investors.

Roku Stock Performance

Shares of NASDAQ ROKU opened at $88.47 on Thursday. The firm has a market capitalization of $13.03 billion, a price-to-earnings ratio of -210.64, a PEG ratio of 12.43 and a beta of 2.05. The stock has a 50 day moving average price of $86.78 and a 200 day moving average price of $77.53. Roku, Inc. has a 52-week low of $52.43 and a 52-week high of $104.96.

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. KeyCorp boosted their price objective on Roku from $115.00 to $116.00 and gave the stock an "overweight" rating in a research note on Friday, August 1st. Pivotal Research boosted their price objective on Roku from $100.00 to $120.00 and gave the stock a "buy" rating in a research note on Friday, August 1st. Benchmark reissued a "buy" rating and set a $130.00 price objective on shares of Roku in a research note on Friday, May 2nd. Needham & Company LLC upped their target price on Roku from $100.00 to $110.00 and gave the company a "buy" rating in a research note on Friday, August 1st. Finally, Wall Street Zen raised Roku from a "hold" rating to a "buy" rating in a research note on Saturday, July 26th. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus target price of $98.96.

Insider Transactions at Roku

In other Roku news, CEO Anthony J. Wood sold 25,000 shares of the company's stock in a transaction on Monday, August 11th. The stock was sold at an average price of $82.42, for a total transaction of $2,060,500.00. Following the completion of the sale, the chief executive officer owned 16,441 shares in the company, valued at $1,355,067.22. This represents a 60.33% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Charles Collier sold 212,559 shares of the company's stock in a transaction on Monday, July 21st. The stock was sold at an average price of $95.00, for a total value of $20,193,105.00. Following the sale, the insider owned 200 shares of the company's stock, valued at approximately $19,000. This represents a 99.91% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 340,233 shares of company stock worth $30,690,391 over the last three months. Company insiders own 13.98% of the company's stock.

Roku Company Profile

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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