Integrated Wealth Concepts LLC Has $979,000 Stock Holdings in Roku, Inc. $ROKU

Key Points

• Integrated Wealth Concepts LLC reduced its Roku position by 54.9% in the second quarter, selling 8,634 shares and retaining 7,085 shares valued at approximately $979,000. Institutional investors and hedge funds collectively own 86.3% of Roku.
• Analyst sentiment remains mixed: Roku has an average rating of “Hold” and an average price target of $156.17, with one Strong Buy, seven Buy, and 19 Hold ratings.
• Roku’s latest quarterly results exceeded expectations, with earnings of $1.08 per share versus a $0.61 consensus estimate and revenue of $1.35 billion. Revenue rose 21.9% year over year, while the stock opened at $153.64 and has a market capitalization of roughly $22.8 billion.

Integrated Wealth Concepts LLC cut its holdings in Roku, Inc. (NASDAQ:ROKU - Free Report) by 54.9% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 7,085 shares of the company's stock after selling 8,634 shares during the quarter. Integrated Wealth Concepts LLC's holdings in Roku were worth $979,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the company. Maven Securities LTD bought a new stake in shares of Roku in the second quarter worth about $5,111,000. IFP Advisors Inc grew its position in shares of Roku by 12.5% in the 2nd quarter. IFP Advisors Inc now owns 1,965 shares of the company's stock valued at $271,000 after purchasing an additional 218 shares during the period. Governors Lane LP acquired a new position in shares of Roku in the 2nd quarter valued at approximately $5,622,000. Arizona State Retirement System increased its stake in Roku by 0.4% during the 2nd quarter. Arizona State Retirement System now owns 36,069 shares of the company's stock worth $4,983,000 after purchasing an additional 142 shares in the last quarter. Finally, Nykredit A S bought a new stake in Roku during the 2nd quarter worth approximately $625,000. Institutional investors and hedge funds own 86.30% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ROKU. Piper Sandler lowered shares of Roku from an "overweight" rating to a "neutral" rating and lifted their price target for the company from $148.00 to $160.00 in a research note on Tuesday, June 16th. Zacks Research raised shares of Roku from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 11th. Needham & Company LLC restated a "buy" rating on shares of Roku in a report on Friday, August 7th. William Blair cut shares of Roku from an "outperform" rating to a "market perform" rating in a research report on Monday, June 15th. Finally, Weiss Ratings raised shares of Roku from a "hold (c-)" rating to a "hold (c)" rating in a research note on Tuesday, August 11th. One investment analyst has rated the stock with a Strong Buy rating, seven have given a Buy rating and nineteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Hold" and an average target price of $156.17.

Roku Stock Down 0.3%

Shares of ROKU stock opened at $153.64 on Friday. Roku, Inc. has a 12 month low of $78.53 and a 12 month high of $159.89. The company's fifty day simple moving average is $151.49 and its 200-day simple moving average is $129.22. The firm has a market cap of $22.80 billion, a PE ratio of 65.66 and a beta of 2.05.

Roku (NASDAQ:ROKU - Get Free Report) last released its earnings results on Thursday, August 6th. The company reported $1.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.61 by $0.47. The business had revenue of $1.35 billion during the quarter, compared to the consensus estimate of $1.30 billion. Roku had a net margin of 6.82% and a return on equity of 13.73%. The firm's revenue for the quarter was up 21.9% compared to the same quarter last year. During the same quarter last year, the firm earned $0.07 earnings per share. On average, equities analysts predict that Roku, Inc. will post 2.85 earnings per share for the current fiscal year.

Key Stories Impacting Roku

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku Labs expands product innovation: Roku introduced a new Labs hub that gives U.S. users early access to experimental apps and features, including potential improvements to search, voice controls and the viewing experience. The program could increase engagement and provide Roku with direct feedback before wider launches. Roku's new Labs hub brings experimental apps to the big screen
• Positive Sentiment: More subscription bundles and platform updates: Roku added more than 30 streaming bundles offering savings of up to 30%, alongside a redesigned home screen rolling out in additional markets such as Brazil and Mexico. The initiatives may improve customer value, subscription discovery and platform usage, although discounting could limit near-term revenue per user. Roku Just Added More Than 30 Streaming Bundles to Help People Save Money
• Neutral Sentiment: Broader ecosystem and content push: Roku is promoting new platform features, experimental applications, Roku City programming including an exclusive Luke Bryan concert, and a discounted Streambar SE. These announcements may support brand visibility and engagement but are unlikely to materially change near-term financial results. New Roku Labs Brings Engineers' Innovation Directly To Viewers
• Negative Sentiment: Fox acquisition faces deeper regulatory review: The U.S. Department of Justice issued a second request for information regarding Fox Corporation’s proposed acquisition of Roku. Although the companies reportedly still expect closing in the first half of 2027, the review extends the process and increases uncertainty around timing and deal completion. Fox Faces a Deeper DOJ Review of Roku
• Negative Sentiment: CFO insider sale: CFO Dan Jedda sold 7,000 shares worth approximately $1.1 million, reducing his direct holdings by 8.56%. The sale occurred under a pre-arranged Rule 10b5-1 plan, which reduces its value as a bearish signal, but it can still pressure investor sentiment. Roku CFO Form 4 Insider Sale

Insider Activity

In other news, insider Charles Collier sold 20,538 shares of the company's stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $145.93, for a total transaction of $2,997,110.34. Following the sale, the insider owned 15,200 shares in the company, valued at $2,218,136. This represents a 57.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Dan Jedda sold 7,000 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $157.11, for a total value of $1,099,770.00. Following the completion of the sale, the chief financial officer directly owned 65,963 shares of the company's stock, valued at approximately $10,363,446.93. The trade was a 9.59% decrease in their position. 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 112,285 shares of company stock valued at $16,939,414. Corporate insiders own 13.45% of the company's stock.

Roku Profile

Roku, Inc NASDAQ: ROKU operates a television streaming platform that connects consumers with digital entertainment. Its Roku operating system powers streaming players, Roku-branded televisions and smart-TV products made by licensing partners. The platform provides access to streaming services, live television, movies, music and other applications.

The company also operates The Roku Channel, its own ad-supported streaming service offering licensed and original content, including movies, television programs, live channels and premium subscription options.

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