Kapitalo Investimentos Ltda Acquires 29,656 Shares of Roku, Inc. $ROKU

Key Points

• Kapitalo Investimentos acquired 29,656 Roku shares valued at approximately $4.5 million, making Roku 0.3% of its portfolio. Institutional investors collectively own 86.3% of the company.
• Analyst sentiment is largely cautious: Roku has a consensus “Hold” rating from MarketBeat, with an average price target of $156.17. The stock recently traded near $157.57, close to its 52-week high.
• Roku reported stronger-than-expected quarterly results, including $1.08 in EPS versus a $0.61 estimate and revenue growth of 21.9% year over year. Insiders have also sold shares, including CFO Dan Jedda’s approximately $1.07 million sale under a pre-arranged trading plan.

Kapitalo Investimentos Ltda acquired a new position in shares of Roku, Inc. (NASDAQ:ROKU - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 29,656 shares of the company's stock, valued at approximately $4,516,000. Roku makes up 0.3% of Kapitalo Investimentos Ltda's portfolio, making the stock its 25th largest holding.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Arrowstreet Capital Limited Partnership lifted its position in shares of Roku by 229.5% during the first quarter. Arrowstreet Capital Limited Partnership now owns 2,038,347 shares of the company's stock worth $192,868,000 after purchasing an additional 1,419,772 shares during the last quarter. HBK Investments L P acquired a new position in Roku in the second quarter worth about $163,604,000. Renaissance Technologies LLC grew its stake in Roku by 22.8% in the first quarter. Renaissance Technologies LLC now owns 1,565,100 shares of the company's stock worth $148,090,000 after purchasing an additional 290,200 shares in the last quarter. Assenagon Asset Management S.A. increased its holdings in Roku by 24.7% in the first quarter. Assenagon Asset Management S.A. now owns 1,162,051 shares of the company's stock valued at $109,953,000 after buying an additional 230,398 shares during the last quarter. Finally, Bank of New York Mellon Corp bought a new stake in Roku in the second quarter valued at about $105,216,000. Institutional investors own 86.30% of the company's stock.

Analyst Ratings Changes

Several analysts have issued reports on the company. UBS Group upped their price objective on Roku from $126.00 to $172.00 and gave the company a "neutral" rating in a research note on Friday, August 7th. Wedbush reaffirmed a "neutral" rating and set a $155.00 target price on shares of Roku in a report on Thursday, September 24th. Rosenblatt Securities reiterated a "buy" rating and issued a $160.00 target price on shares of Roku in a research report on Monday, August 10th. Fox Advisors set a $157.00 target price on Roku in a research report on Friday, July 17th. Finally, Seaport Research Partners downgraded Roku from a "buy" rating to a "neutral" rating in a report on Friday, August 7th. One research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and nineteen have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $156.17.

Insider Activity

In other Roku news, insider Gilbert Fuchsberg sold 4,824 shares of the firm's stock in a transaction dated Wednesday, September 2nd. The shares were sold at an average price of $155.64, for a total value of $750,807.36. Following the transaction, the insider owned 40,168 shares of the company's stock, valued at $6,251,747.52. This trade represents a 10.72% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CFO Dan Jedda sold 7,000 shares of Roku stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $152.84, for a total value of $1,069,880.00. Following the completion of the transaction, the chief financial officer owned 67,811 shares of the company's stock, valued at approximately $10,364,233.24. The trade was a 9.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 119,285 shares of company stock valued at $18,224,865 over the last quarter. Corporate insiders own 13.45% of the company's stock.

Roku Stock Performance

Roku stock opened at $157.57 on Wednesday. The firm's 50-day moving average is $154.99 and its 200-day moving average is $138.43. Roku, Inc. has a 1 year low of $78.53 and a 1 year high of $159.89. The company has a market cap of $23.39 billion, a P/E ratio of 67.34 and a beta of 2.05.

Roku (NASDAQ:ROKU - Get Free Report) last posted its quarterly earnings results on Thursday, August 6th. The company reported $1.08 EPS for the quarter, beating the consensus estimate of $0.61 by $0.47. Roku had a net margin of 6.82% and a return on equity of 13.73%. The business had revenue of $1.35 billion during the quarter, compared to analyst estimates of $1.30 billion. During the same period in the previous year, the business posted $0.07 EPS. The company's quarterly revenue was up 21.9% on a year-over-year basis. As a group, sell-side analysts predict that Roku, Inc. will post 2.97 earnings per share for the current year.

More Roku News

Here are the key news stories impacting Roku this week:

• Positive Sentiment: Roku remains a highly ranked, strong-performing stock in Zacks’ latest screen of non-tech and non-AI companies. The ranking reflects strong earnings growth, improving estimates and business expansion, including the company’s streaming-advertising opportunity. Zacks high-flying stocks article
• Positive Sentiment: Fox’s approximately $22 billion agreement to acquire Roku continues to provide a major valuation catalyst. Analysts view Roku’s platform and connected-TV infrastructure as strategic assets that could help Fox expand beyond traditional sports and news broadcasting.
• Positive Sentiment: Roku OS 16 is rolling out to Roku TVs and streaming players. The update could support user engagement, strengthen the company’s platform ecosystem and create additional opportunities for targeted advertising. Roku OS 16 rollout
• Positive Sentiment: Roku is emphasizing that sports viewing increasingly includes highlights, podcasts, creator content and documentaries in addition to live games. This broader streaming engagement may expand advertising inventory and audience-targeting opportunities. Roku sports fandom article
• Neutral Sentiment: Roku will report third-quarter 2026 results after the market closes on Nov. 2. Because of the pending Fox transaction, the company will not hold an earnings call or provide financial guidance, reducing near-term visibility for investors. Roku third-quarter results announcement
• Negative Sentiment: CFO Dan Jedda sold 7,000 shares worth approximately $1.07 million, reducing his direct holdings by 9.36%. The transaction was made under a pre-arranged Rule 10b5-1 plan, limiting its value as a discretionary bearish signal, although insider selling can still weigh modestly on sentiment. Roku CFO Form 4 filing

Roku Profile

Roku, Inc NASDAQ: ROKU operates a television streaming platform that connects consumers with digital entertainment. The company develops and licenses Roku OS, an operating system for smart televisions and streaming devices, and offers Roku-branded streaming players, Roku TVs, audio products and related accessories.

Roku also operates a platform business that distributes streaming content through its interface and supports content discovery, subscriptions and digital advertising. Its services include The Roku Channel, which provides a selection of ad-supported and premium entertainment, as well as tools that enable content providers and advertisers to reach streaming audiences.

Founded in 2002 by Anthony Wood, Roku initially became known for its streaming players and later expanded through partnerships with television manufacturers.

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